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Tuesday, October 26, 2021

Case-Shiller National Index up Record 19.8% Year-over-year in August; The Deceleration is coming

by Calculated Risk on 10/26/2021 04:13:00 PM

Today, in the Newsletter: Case-Shiller National Index up Record 19.8% Year-over-year in August; The Deceleration is coming

Excerpt (there is much more):

Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).

Case-Shiller MoM Aug 2021The MoM increase in Case-Shiller was at 1.43%; still historically high, but lower than the previous five months. House prices started increasing sharply in the Case-Shiller index in August 2020, so the last 13 months have all been historically very strong, but the peak MoM growth is behind us.