A brief excerpt:
Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-November 2024 I reviewed home inventory, housing starts and sales.There is much more in the article.
In Part 2, I will look at house prices, mortgage rates, rents and more.
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The Case-Shiller National Index increased 4.2% year-over-year in August and will likely slow further in the September report (based on other data).
The MoM increase in the seasonally adjusted (SA) Case-Shiller National Index was at 0.32% (a 4.0% annual rate), This was the nineteenth consecutive MoM increase in the seasonally adjusted index.
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