by calculated risk October 15, 2024 12:13:00 PM
In today’s Calculated Risk Real Estate newsletter: Part 2: Current state of the housing market. Overview for mid-October 2024
A brief excerpt:
on friday, Part 1: Current state of the housing market; overview as of mid-October 2024 We looked into housing inventory, number of construction starts, and sales amount.
In Part 2, we look at home prices, mortgage rates, rent, and more.
“If you don’t know where you came from, you don’t know where you are, and if you don’t know where you are, you don’t know where you’re going. If you don’t know where it is, you’re probably going to go the wrong way.” terry pratchett
These “current state” summaries will show you where we have come from, where we are, and hopefully give you a clue as to where we are going.
of Case-Shiller National Index It grew 5.0% year-on-year in July, but is likely to slow further in August’s report (based on other data).
The Seasonally Adjusted (SA) Case-Shiller National Index increased 0.18% (annualized 2.2%) for the second consecutive month. This was the 18th consecutive month-over-month increase, but it was the smallest month-over-month increase. Increased over the past 18 months.
There’s a lot more to this article.
