November 2022 Case-Shiller Results & Forecast: Steady Decline
Home prices continued cooling off in November as the fall freeze took over the housing market.
September 2022 Case-Shiller Results & Forecast: Holding Tight
September brought about high interest rates and slowing sales, which continued to slow home price growth annually. On a monthly level, home prices continued to drop. While buyers are stepping aside waiting for more affordable prices and rates – causing the slowdown on price growth – would-be sellers are sticking their ground and holding tight to the inventory they currently own.
August 2022 Case-Shiller Results & Forecast: Cooling Fall
Home values continued to fall in August as affordability took hold of both buyers and sellers. The impact was not as intense as it could have been given the slight reprieve in mortgage rates in August, which briefly dropped below 5% and helped to bolster sales counts. But that was short lived leading into September and October with much higher rates and more affordability concerns.
July 2022 Case-Shiller Results & Forecast: Rebalancing Power
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 15.8% year-over-year in July (non-seasonally adjusted), down from 18.1% in June.
June 2022 Case-Shiller Results & Forecast: Moving Towards Rebalance
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 18% year-over-year in June (non-seasonally adjusted), down from 19.7% in May.
April 2022 Case-Shiller Results & Forecast: Putting on the Brakes
Earlier this spring, with inventory just beginning to sprout up from its historic low, demand for homes began to slip amid rising prices and mortgage rates, slightly edging April home price growth down from the previous record to 20.4%.
March 2022 Case-Shiller Results & Forecast: Despite Rising Costs, Demand Stays Strong
Demand for homes has stubbornly kept ahead of supply this spring, even in the face of rapidly rising costs. This imbalance between supply and demand for homes this spring has been the key driver in home price growth that continues to set records month after month.
