Housing Market: US: Difference between revisions

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[[File:Screenshot 2023-09-26 095757.png|alt=|center|thumb|841x841px|https://fred.stlouisfed.org/series/CSUSHPINSA]]
[[File:Screenshot 2023-09-26 095757.png|alt=|center|thumb|841x841px|https://fred.stlouisfed.org/series/CSUSHPINSA]]
'''Y/Y Change'''
'''Y/Y Change'''
[[File:Screenshot 2023-09-26 095924.png|alt=|center|thumb|812x812px|https://fred.stlouisfed.org/series/CSUSHPINSA]]
[[File:Screenshot 2023-11-28 104830.png|alt=|center|thumb|812x812px|https://fred.stlouisfed.org/series/CSUSHPINSA]]




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!M/M
!M/M
!Y/Y
!Y/Y
|-
|2023-09-01
|312
|0.30
|3.93
|319
|0.24
|3.92
|333
|0.32
|4.77
|-
|-
|2023-08-01
|2023-08-01
|311
|311
|0.43
|0.41
|2.57
|2.54
|318
|318
|0.35
|0.34
|2.15
|2.14
|332
|332
|0.37
|0.36
|2.99
|2.97
|-
|-
|2023-07-01
|2023-07-01
|310
|310
|0.60
|0.59
|0.99
|0.97
|317
|317
|0.59
|0.58
|0.16
|0.15
|331
|331
|0.61
|0.60
|0.97
|0.97
|-
|-
Line 830: Line 841:
|308
|308
|0.94
|0.94
| 0.00
| -0.01
|315
|315
|0.94
|0.94
Line 836: Line 847:
|329
|329
|0.93
|0.93
|  -0.50
|  -0.49
|-
|-
|2023-05-01
|2023-05-01
|305
|305
|1.31
|1.31
|  -0.35
|  -0.36
|312
|312
|1.42
|1.42
|  -1.71
|  -1.71
|326
|326
|1.43
|1.42
|  -1.05
|  -1.04
|-
|-
|2023-04-01
|2023-04-01
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|308
|308
|1.63
|1.63
|  -1.65
|  -1.64
|321
|321
|1.65
|1.66
|  -1.09
|  -1.09
|-
|-
Line 865: Line 876:
|0.76
|0.76
|303
|303
|1.50
|1.51
|  -1.02
|  -1.02
|316
|316
|1.57
|1.57
|  -0.59
|  -0.58
|-
|-
|2023-02-01
|2023-02-01
Line 895: Line 906:
|2022-12-01
|2022-12-01
|294
|294
|  -0.84
|  -0.85
|5.67
|5.67
|299
|299
Line 975: Line 986:
|19.97
|19.97
|317
|317
|1.50
|1.49
|20.54
|20.54
|329
|329
|1.38
|1.38
|19.10
|19.09
|-
|-
|2022-04-01
|2022-04-01
|302
|302
|2.26
|2.25
|20.78
|20.76
|313
|313
|2.27
|2.27
Line 994: Line 1,005:
|2022-03-01
|2022-03-01
|295
|295
|2.73
|2.72
|20.82
|20.81
|306
|306
|3.10
|3.10
|21.23
|21.23
|318
|318
|2.88
|2.87
|19.60
|19.60
|-
|-
Line 1,212: Line 1,223:
* The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2.6% annual change in August, up from a 1.0% change in the previous month. The 10-City Composite showed an increase of 3.0%, up from a 1.0% increase in the previous month. The 20-City Composite posted a year-over-year increase of 2.2%, a slight increase of 0.2% in the previous month.
* The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2.6% annual change in August, up from a 1.0% change in the previous month. The 10-City Composite showed an increase of 3.0%, up from a 1.0% increase in the previous month. The 20-City Composite posted a year-over-year increase of 2.2%, a slight increase of 0.2% in the previous month.
* For this month, seven of 20 cities reported lower prices. Twelve of the 20 cities reported higher prices in the year ending August 2023 versus the year ending July 2023. Nineteen of the 20 cities show a positive trend in year-over-year price acceleration compared to the prior month.
* For this month, seven of 20 cities reported lower prices. Twelve of the 20 cities reported higher prices in the year ending August 2023 versus the year ending July 2023. Nineteen of the 20 cities show a positive trend in year-over-year price acceleration compared to the prior month.
=== September 2023 ===
<blockquote>“On a year-to-date basis, the National Composite has risen 6.1%, which is well above the median full calendar year increase in more than 35 years of data. Although this year’s increase in mortgage rates has surely suppressed the quantity of homes sold, the relative shortage of inventory for sale has been a solid support for prices. Unless higher rates or exogenous events lead to general economic weakness, the breadth and strength of this month’s report are consistent with an optimistic view of future results.”</blockquote>
* The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.9% annual change in September, up from a 2.5% change in the previous month.<ref>https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20231128-1467726/1467726_cshomeprice-release-1128.pdf</ref>
* The 10-City Composite showed an increase of 4.8%, up from a 3.0% increase in the previous month. The 20-City Composite posted a year-over-year increase of 3.9%, up from a 2.1% increase in the previous month.
* Before seasonal adjustment, the U.S. National Index,10-City and 20-City Composites, all posted 0.3% month-over-month increases in September, while the 10-City and 20-City composites posted 0.3% and 0.2% increases, respectively


== Affortability ==
== Affortability ==