Housing Market: US: Difference between revisions

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The HMI can range between 0 and 100.
The HMI can range between 0 and 100.
[[File:Screenshot 2024-06-05 114354.png|alt=|center|thumb|627x627px|https://tradingeconomics.com/united-states/nahb-housing-market-index]]
[[File:Screenshot 2024-08-26 121655.png|alt=|center|thumb|671x671px|https://tradingeconomics.com/united-states/nahb-housing-market-index]]
 
=== May 2024 ===
The NAHB/Wells Fargo Housing Market Index in the US fell to 45.0 in May 2024, the lowest in four month, down from 51 in April and below market expectations of 51. It was the first decrease in builder sentiment since November 2023 attributed to mortgage rates consistently hovering above 7% for the past month
{| class="wikitable"
{| class="wikitable"
! colspan="16" |NATIONAL<ref>https://www.nahb.org/-/media/NAHB/news-and-economics/docs/housing-economics/hmi/2024-05/t1-nahb-wells-fargo-national-and-regional-hmi-202405.xls?rev=fecac07afb8f44638502a3d1b8488eff&hash=1ADBD5A6568702372111F2B321CB341E</ref>
|+
!Date
!NAHB Housing Market Index<ref>https://www.investing.com/economic-calendar/nahb-housing-market-index-218</ref>
|-
|-
! colspan="3" rowspan="3" |(Seasonally Adjusted)
|2024-07-01
! colspan="8" |2023
|41
! colspan="5" |2024
|-
|-
!May
|2024-06-01
!Jun
|43
!Jul
!Aug
!Sep.
!Oct.
!Nov.
!Dec.
!Jan.
!Feb.
!Mar
!Apr
!May
|-
|-
!
|2024-05-01
!
|45
!
!
!
!
!
!
!
!
!
!Revised
!Prelim.
|-
|-
| colspan="3" |Housing Market Index
|2024-04-01
|50
|55
|56
|50
|44
|40
|34
|37
|44
|48
|51
|51
|-
|2024-03-01
|51
|51
|45
|-
|-
| colspan="3" |Housing Market Index Components
|2024-02-01
|
|
|
|
|
|
|
|
|
|
|
|
|
|-
| colspan="3" |Single Family Sales: Present
|56
|61
|62
|57
|50
|46
|40
|41
|48
|48
|52
|56
|57
|51
|-
|-
| colspan="3" |Single Family Sales: Next 6 Months
|2024-01-01
|56
|62
|59
|55
|49
|44
|44
|39
|45
|57
|60
|62
|60
|51
|-
|-
| colspan="3" |Traffic of Prospective Buyers
|2023-12-01
|33
|37
|37
|40
|-
|35
|2023-11-01
|30
|26
|21
|24
|29
|32
|34
|34
|34
|30
|}
=== November 2023 ===
Builder confidence in the market for newly built single-family homes in November fell six points to 34 in November. This is the fourth consecutive monthly drop in builder confidence, as sentiment levels have declined 22 points since July and are at their lowest level since December 2022.<ref>https://www.nahb.org/news-and-economics/press-releases/2023/11/builder-sentiment-down-again-but-better-building-conditions-are-in-view</ref>
* In November, 36% of builders reported cutting home prices, up from 32% in the previous two months. This is the highest share of builders cutting prices during this cycle, tying the previous high point set in November 2022.
* The average price reduction in November remained at 6%, unchanged from the previous month. Meanwhile, 60% of builders provided sales incentives of all forms in November, down slightly from 62% in October.
{| class="wikitable"
! colspan="14" |NATIONAL
|-
|-
! rowspan="3" |(Seasonally Adjusted)
|2023-10-01
! colspan="2" |2022
|40
! colspan="11" |2023
|-
|-
!Nov.
|2023-09-01
!Dec.
|44
!Jan.
!Feb.
!Mar.
!Apr.
!May
!Jun
!Jul
!Aug
!Sep.
!Oct.
!Nov.
|-
|-
! colspan="11" |
|2023-08-01
!Revised
|50
!Prelim.
|-
|-
|Housing Market Index
|2023-07-01
|33
|31
|35
|42
|44
|45
|50
|55
|56
|56
|50
|44
|40
|34
|-
|-
! colspan="14" |Housing Market Index Components
|2023-06-01
|55
|-
|-
|Single Family Sales: Present
|2023-05-01
|39
|36
|40
|47
|49
|51
|56
|61
|62
|57
|50
|50
|46
|40
|-
|-
|Single Family Sales: Next 6 Months
|2023-04-01
|31
|45
|35
|-
|37
|2023-03-01
|48
|47
|50
|56
|62
|59
|55
|49
|44
|44
|39
|-
|-
|Traffic of Prospective Buyers
|2023-02-01
|20
|42
|20
|-
|23
|2023-01-01
|28
|31
|31
|33
|37
|40
|35
|35
|30
|26
|21
|}
=== August 2023 ===
Persistently high mortgage rates above 7% continue to erode builder confidence, as sentiment levels have dropped below the key break-even measure of 50 for the first time in five months. Builder confidence in the market for newly built single-family homes in September fell five points to 45.<ref>https://www.nahb.org/news-and-economics/press-releases/2023/09/high-mortgage-rates-continue-to-weaken-builder-confidence</ref>
As mortgage rates stayed above 7% over the last month, more builders are reducing home prices again to bolster sales. In September, 32% of builders reported cutting home prices, compared to 25% in August. That’s the largest share of builders cutting prices since December 2022 (35%). The average price discount remains at 6%. Meanwhile, 59% of builders provided sales incentives of all forms in September, more than any month since April 2023.
“The two-month decline in builder sentiment coincides with when mortgage rates jumped above 7% and significantly eroded buyer purchasing power,” said NAHB Chairman Alicia Huey, a custom home builder and developer from Birmingham, Ala. “And on the supply-side front, builders continue to grapple with shortages of construction workers, buildable lots and distribution transformers, which is further adding to housing affordability woes. Insurance cost and availability is also a growing concern for the housing sector.”
{| class="wikitable"
! colspan="3" rowspan="3" |(Seasonally  Adjusted)
! colspan="4" |2022
! colspan="9" |2023
|-
|-
!Sep.
|2022-12-01
!Oct.
|31
!Nov.
!Dec.
!Jan.
!Feb.
!Mar.
!Apr.
!May
!Jun
!Jul
!Aug
!Sep.
|-
|-
!
|2022-11-01
!
|33
!
!
!
!
!
!
!
!
!
!Revised
!Prelim.
|-
|-
| colspan="3" |Housing Market Index
|2022-10-01
|46
|38
|38
|33
|31
|35
|42
|44
|45
|50
|55
|56
|50
|45
|-
|-
! colspan="3" |Housing Market Index Components
|2022-09-01
! colspan="13" |
|46
|-
|-
| colspan="3" |Single Family Sales: Present
|2022-08-01
|54
|45
|39
|36
|40
|47
|49
|49
|51
|56
|61
|62
|57
|51
|-
|-
| colspan="3" |Single Family Sales: Next 6 Months
|2022-07-01
|46
|35
|31
|35
|37
|48
|47
|50
|56
|62
|59
|55
|55
|49
|-
|-
| colspan="3" |Traffic of Prospective Buyers
|2022-06-01
|31
|67
|25
|-
|20
|2022-05-01
|20
|69
|23
|-
|28
|2022-04-01
|31
|77
|31
|-
|33
|2022-03-01
|37
|79
|40
|-
|35
|2022-02-01
|30
|81
|}
|-
 
|2022-01-01
=== July 2023 ===
|83
After steadily rising for seven consecutive months, builder confidence retreated in August as rising mortgage rates nearing 7% (per Freddie Mac) and stubbornly high shelter inflation have further eroded housing affordability and put a damper on consumer demand.
|-
 
|2021-12-01
The August HMI survey also revealed that rising mortgage rates are causing more builders to use sales incentives to attract home buyers. '''After dropping steadily for four months (from 31% in March to 22% in July), the share of builders cutting prices to bolster sales rose again to 25% in August.''' The average decline for builders reducing prices remained at 6%. And the share of builders using incentives to bolster sales was 55% in August, higher than in July (52%) but still lower than in December 2022 (62%).<ref>https://www.nahb.org/news-and-economics/press-releases/2023/08/builder-confidence-falls-on-rising-mortgage-rates</ref>
|84
 
|-
“Rising mortgage rates and high construction costs stemming from a dearth of construction workers, a lack of buildable lots and ongoing shortages of distribution transformers put a chill on builder sentiment in August,” said NAHB Chairman Alicia Huey, a custom home builder and developer from Birmingham, Ala. “But while this latest confidence reading is a reminder that housing affordability is an ongoing challenge, demand for new construction continues to be supported by a lack of resale inventory, as many home owners elect to stay put because they are locked in at a low mortgage rate.”
|2021-11-01
{| class="wikitable"
|83
! colspan="3" rowspan="2" |(Seasonally Adjusted)
|-
! colspan="5" |2022
|2021-10-01
! colspan="8" |2023
|80
|-
|2021-09-01
|76
|-
|2021-08-01
|75
|-
|2021-07-01
|80
|-
|-
!Aug.
|2021-06-01
!Sep.
|81
!Oct.
!Nov.
!Dec.
!Jan.
!Feb.
!Mar.
!Apr.
!May
!Jun
!Jul
!Aug
|-
|-
| colspan="3" |Housing Market Index
|2021-05-01
|49
|83
|46
|38
|33
|31
|35
|42
|44
|45
|50
|55
|56
|50
|-
|-
| colspan="3" |'''Housing Market Index Components'''
|2021-04-01
| colspan="13" |
|83
|-
|-
| colspan="3" |Single Family Sales: Present
|2021-03-01
|57
|82
|54
|45
|39
|36
|40
|47
|49
|51
|56
|61
|62
|57
|-
|-
| colspan="3" |Single Family Sales: Next 6 Months
|2021-02-01
|47
|84
|46
|35
|31
|35
|37
|48
|47
|50
|56
|62
|59
|55
|-
|-
| colspan="3" |Traffic of Prospective Buyers
|2021-01-01
|32
|83
|31
|25
|20
|20
|23
|28
|31
|31
|33
|37
|40
|34
|}
|}


Line 425: Line 160:
{| class="wikitable"
{| class="wikitable"
!
!
! colspan="6" |Authorized
! colspan="4" |Authorized


in Permit-Issuing Places: Total Units<ref>https://fred.stlouisfed.org/series/PERMIT</ref>
in Permit-Issuing Places: Total Units<ref>https://fred.stlouisfed.org/series/PERMIT</ref>
|-
|-
!Date
!Date
!Total  (K)
!Total  (K) SAAR
!M/M Level Change
!M/M Level Change
!M/M
!M/M
!3M Ann
!6M Ann
!Y/Y
!Y/Y
|-
|2024-07-01
|1,406
| -48.00
| -3.30
| -6.33
|-
|2024-06-01
|1,454
|55.00
|3.93
| -2.61
|-
|2024-05-01
|1,399
| -41.00
| -2.85
| -8.68
|-
|-
|2024-04-01
|2024-04-01
|1,440
|1,440
| -45.00
| -45.00
| -3.03
| -3.03
| -16.85
| -2.04
| -11.88
| -2.04
|-
|-
|2024-03-01
|2024-03-01
|1,485
|1,485
| -78.00
| -78.00
| -4.99
| -4.99
| -11.26
| -0.54
| -3.92
| -0.54
|-
|-
|2024-02-01
|2024-02-01
Line 457: Line 204:
|55.00
|55.00
|3.65
|3.65
|15.41
| -3.52
| -1.89
| -3.52
|-
|-
|2024-01-01
|2024-01-01
|1,508
|1,508
| -22.00
| -22.00
| -1.44
| -1.44
| -6.61
|0.93
|4.50
|4.50
|-
|-
Line 473: Line 216:
|22.00
|22.00
|1.46
|1.46
|4.02
|5.02
|9.29
|9.29
|-
|-
|2023-11-01
|2023-11-01
|1,508
|1,508
| -26.00
| -26.00
| -1.69
| -1.69
| -16.60
| -3.11
|7.56
|7.56
|-
|-
Line 489: Line 228:
|19.00
|19.00
|1.25
|1.25
|9.09
| -1.67
|8.90
| -1.67
|-
|-
|2023-09-01
|2023-09-01
|1,515
|1,515
| -63.00
| -63.00
| -3.99
| -3.99
|6.03
| -6.08
|2.97
| -6.08
|-
|-
|2023-08-01
|2023-08-01
Line 505: Line 240:
|77.00
|77.00
|5.13
|5.13
|12.56
| -5.12
|2.33
|2.33
|-
|-
Line 513: Line 246:
|8.00
|8.00
|0.54
|0.54
|8.71
| -12.68
|8.20
| -12.68
|-
|-
|2023-06-01
|2023-06-01
|1,493
|1,493
| -39.00
| -39.00
| -2.55
| -2.55
|0.00
| -14.44
|13.73
| -14.44
|-
|-
|2023-05-01
|2023-05-01
Line 529: Line 258:
|62.00
|62.00
|4.22
|4.22
| -20.02
| -10.51
|19.40
| -10.51
|-
|-
|2023-04-01
|2023-04-01
|1,470
|1,470
| -23.00
| -23.00
| -1.54
| -1.54
|7.70
| -19.89
| -11.21
| -19.89
|-
|-
|2023-03-01
|2023-03-01
|1,493
|1,493
| -127.00
| -127.00
| -7.84
| -7.84
|29.34
| -20.54
| -14.33
| -20.54
|-
|-
|2023-02-01
|2023-02-01
Line 553: Line 276:
|177.00
|177.00
|12.27
|12.27
|78.27
| -12.90
|10.37
| -12.90
|-
|-
|2023-01-01
|2023-01-01
Line 561: Line 282:
|43.00
|43.00
|3.07
|3.07
| -26.79
| -24.65
| -29.53
| -24.65
|-
|-
|2022-12-01
|2022-12-01
|1,400
|1,400
| -2.00
| -2.00
| -0.14
| -0.14
| -43.25
| -26.82
| -35.63
| -26.82
|-
|-
|2022-11-01
|2022-11-01
|1,402
|1,402
| -158.00
| -158.00
| -10.13
| -10.13
| -31.66
| -20.61
| -32.94
| -20.61
|-
|-
|2022-10-01
|2022-10-01
|1,560
|1,560
| -53.00
| -53.00
| -3.29
| -3.29
| -32.17
| -9.25
| -27.73
| -9.25
|-
|-
|2022-09-01
|2022-09-01
Line 593: Line 306:
|71.00
|71.00
|4.60
|4.60
| -26.99
| -0.74
| -26.31
| -0.74
|-
|-
|2022-08-01
|2022-08-01
|1,542
|1,542
| -177.00
| -177.00
| -10.30
| -10.30
| -34.19
| -12.88
| -31.27
| -12.88
|-
|-
|2022-07-01
|2022-07-01
|1,719
|1,719
| -26.00
| -26.00
| -1.49
| -1.49
| -22.99
| -19.42
|4.06
|4.06
|-
|-
Line 617: Line 324:
|33.00
|33.00
|1.93
|1.93
| -25.62
| -16.79
|5.31
|5.31
|-
|-
|2022-05-01
|2022-05-01
|1,712
|1,712
| -123.00
| -123.00
| -6.70
| -6.70
| -28.23
| -6.02
|1.84
|1.84
|-
|-
|2022-04-01
|2022-04-01
|1,835
|1,835
| -44.00
| -44.00
| -2.34
| -2.34
| -15.69
|13.95
|5.58
|5.58
|-
|-
Line 641: Line 342:
|19.00
|19.00
|1.02
|1.02
| -6.92
|33.70
|8.49
|8.49
|-
|-
|2022-02-01
|2022-02-01
|1,860
|1,860
| -55.00
| -55.00
| -2.87
| -2.87
|23.05
|10.43
|8.45
|8.45
|-
|-
Line 657: Line 354:
|2.00
|2.00
|0.10
|0.10
|54.02
|34.37
|1.70
|1.70
|-
|-
Line 665: Line 360:
|147.00
|147.00
|8.32
|8.32
|92.06
|33.29
|9.69
|9.69
|-
|-
Line 673: Line 366:
|47.00
|47.00
|2.73
|2.73
| -0.90
|10.37
|3.03
|3.03
|-
|-
Line 681: Line 372:
|94.00
|94.00
|5.78
|5.78
|17.24
| -2.17
|6.57
|6.57
|-
|-
|2021-09-01
|2021-09-01
|1,625
|1,625
| -145.00
| -145.00
| -8.19
| -8.19
| -7.50
| -11.97
|0.06
|0.06
|-
|-
Line 697: Line 384:
|118.00
|118.00
|7.14
|7.14
|22.92
|6.52
|15.76
|15.76
|-
|-
|2021-07-01
|2021-07-01
|1,652
|1,652
| -5.00
| -5.00
| -0.30
| -0.30
| -18.37
| -23.03
|6.86
|6.86
|-
|-
|2021-06-01
|2021-06-01
|1,657
|1,657
| -24.00
| -24.00
| -1.43
| -1.43
| -16.23
| -9.73
|23.84
|23.84
|-
|-
|2021-05-01
|2021-05-01
|1,681
|1,681
| -57.00
| -57.00
| -3.28
| -3.28
| -7.70
| -3.81
|33.41
|33.41
|-
|-
Line 729: Line 408:
|6.00
|6.00
|0.35
|0.35
| -27.42
|16.10
|63.04
|63.04
|-
|-
Line 737: Line 414:
|17.00
|17.00
|0.99
|0.99
| -2.72
|13.74
|27.54
|27.54
|-
|-
|2021-02-01
|2021-02-01
|1,715
|1,715
| -168.00
| -168.00
| -8.92
| -8.92
|0.23
|25.81
|18.93
|18.93
|-
|-
Line 753: Line 426:
|139.00
|139.00
|7.97
|7.97
|85.72
|48.35
|24.95
|24.95
|}
|}
Line 771: Line 442:
!M/M
!M/M
!Y/Y
!Y/Y
|-
|2024-07-01
|1,238
| -6.85
| -15.95
|1,539
| -1.60
| -9.58
|-
|2024-06-01
|1,329
|1.06
| -6.08
|1,564
| -1.76
| -7.62
|-
|2024-05-01
|1,315
| -4.50
| -16.93
|1,592
| -1.18
| -5.91
|-
|2024-04-01
|1,377
|6.00
|0.66
|1,611
| -1.83
| -4.22
|-
|2024-03-01
|1,299
| -15.98
| -3.20
|1,641
| -0.97
| -2.38
|-
|2024-02-01
|1,546
|12.35
|10.11
|1,657
| -0.78
| -1.72
|-
|2024-01-01
|1,376
|  -12.24
|1.10
|1,670
|  -0.54
|  -1.30
|-
|-
|2023-12-01
|2023-12-01
|1,460
|1,568
| -4.26
|3.84
|7.59
|17.01
|1,679
|1,679
| -0.36
| -0.24
| -1.00
| -0.77
|-
|-
|2023-11-01
|2023-11-01
|1,525
|1,510
|10.83
|10.62
|6.87
| 6.34
|1,685
|1,683
|0.30
| 0.18
| -0.59
| -0.71
|-
|-
|2023-10-01
|2023-10-01
|1,376
|1,365
|1.47
|0.15
|  -3.91
|  -5.21
|1,680
|1,680
| 0.06
| 0.00
|  -1.75
|  -1.81
|-
|-
|2023-09-01
|2023-09-01
|1,356
|1,363
|3.91
| 4.44
|  -7.31
|  -7.28
|1,679
|1,680
|  -0.89
|  -1.00
|  -1.12
|  -1.18
|-
|-
|2023-08-01
|2023-08-01
|1,305
|1,305
| -10.06
| -11.41
| -13.29
| -14.14
|1,694
|1,697
| -0.18
| -0.29
| -0.47
| -0.12
|-
|-
|2023-07-01
|2023-07-01
|1,451
|1,473
|2.33
| 4.10
|5.84
| 5.82
|1,697
|1,702
|0.30
|0.53
|0.83
|1.07
|-
|-
|2023-06-01
|2023-06-01
|1,418
|1,415
| -10.42
| -10.61
| -9.16
| -8.24
|1,692
|1,693
|0.30
|0.06
|0.24
|0.24
|-
|-
|2023-05-01
|2023-05-01
|1,583
|1,583
|17.43
| 15.72
|2.59
| 2.79
|1,687
|1,692
|0.42
|0.59
|0.42
|0.59
|-
|-
|2023-04-01
|2023-04-01
|1,348
|1,368
| -2.32
| 1.94
| -25.24
| -25.16
|1,680
|1,682
|0.00
| 0.06
|0.66
|0.60
|-
|-
|2023-03-01
|2023-03-01
|1,380
|1,342
| -3.90
| -4.42
| -19.44
| -20.02
|1,680
|1,681
| -0.36
| -0.30
|3.00
|3.13
|-
|-
|2023-02-01
|2023-02-01
|1,436
|1,404
|7.16
| 3.16
| -18.92
| -19.40
|1,686
|1,686
| -0.53
| -0.35
|6.64
|6.57
|-
|-
|2023-01-01
|2023-01-01
|1,340
|1,361
| -1.25
| 1.57
| -19.71
| -20.50
|1,695
|1,692
| -0.06
|0.00
|9.14
|9.02
|-
|-
|2022-12-01
|2022-12-01
|1,357
|1,340
| -4.91
| -5.63
| -24.06
| -23.73
|1,696
|1,692
|0.06
| -0.18
|11.14
|10.95
|-
|-
|2022-11-01
|2022-11-01
|1,427
|1,420
| -0.35
| -1.39
| -16.65
| -16.67
|1,695
|1,695
| -0.88
| -0.94
|13.53
|13.53
|-
|-
|2022-10-01
|2022-10-01
|1,432
|1,440
| -2.12
| -2.04
| -8.91
| -9.26
|1,710
|1,711
|0.71
| 0.65
|16.80
|16.87
|-
|-
|2022-09-01
|2022-09-01
|1,463
|1,470
| -2.79
| -3.29
| -6.22
| -5.95
|1,698
|1,700
| -0.24
|0.06
|18.16
|18.14
|-
|-
|2022-08-01
|2022-08-01
|1,505
|1,520
|9.77
| 9.20
| -4.51
| -4.70
|1,702
|1,699
|1.13
| 0.89
|20.54
|20.50
|-
|-
|2022-07-01
|2022-07-01
|1,371
|1,392
| -12.17
| -9.73
| -13.94
| -13.00
|1,683
|1,684
| -0.30
| -0.30
|21.34
|21.41
|-
|-
|2022-06-01
|2022-06-01
|1,561
|1,542
|1.17
| 0.13
| -6.02
| -5.86
|1,688
|1,689
|0.48
|0.42
|23.03
|23.02
|-
|-
|2022-05-01
|2022-05-01
|1,543
|1,540
| -14.42
| -15.75
| -3.56
| -4.17
|1,680
|1,682
|0.66
|0.60
|25.56
|25.62
|-
|-
|2022-04-01
|2022-04-01
|1,803
|1,828
|5.25
| 8.94
|21.50
|22.52
|1,669
|1,672
|2.33
|2.58
|26.44
|26.38
|-
|-
|2022-03-01
|2022-03-01
|1,713
|1,678
| -3.27
| -3.67
|0.76
|0.60
|1,631
|1,630
|3.16
|3.03
|24.69
|24.81
|-
|-
|2022-02-01
|2022-02-01
|1,771
|1,742
|6.11
| 1.75
|24.54
|23.81
|1,581
|1,582
|1.80
|1.93
|22.94
|22.92
|-
|-
|2022-01-01
|2022-01-01
|1,669
|1,712
| -6.60
| -2.56
|4.18
|4.45
|1,553
|1,552
|1.77
|1.77
|21.14
|21.06
|-
|-
|2021-12-01
|2021-12-01
|1,787
|1,757
|4.38
|3.11
|7.46
|7.46
|1,526
|1,525
|2.21
|2.14
|20.92
|20.94
|-
|-
|2021-11-01
|2021-11-01
|1,712
|1,704
|8.91
|7.37
|10.81
|9.72
|1,493
|1,493
|1.98
|1.98
|19.63
|19.82
|-
|-
|2021-10-01
|2021-10-01
|1,572
|1,587
|0.77
| 1.54
|2.28
|2.85
|1,464
|1,464
|1.88
|1.74
|19.22
|19.12
|-
|-
|2021-09-01
|2021-09-01
|1,560
|1,563
| -1.02
| -2.01
|6.63
|6.84
|1,437
|1,439
|1.77
|2.06
|17.98
|17.95
|-
|-
|2021-08-01
|2021-08-01
|1,576
|1,595
| -1.07
| -0.31
|14.45
|13.85
|1,412
|1,410
|1.80
|1.66
|16.41
|16.24
|-
|-
|2021-07-01
|2021-07-01
|1,593
|1,600
| -4.09
| -2.32
|4.19
|5.06
|1,387
|1,387
|1.09
|1.02
|15.49
|15.49
|-
|-
|2021-06-01
|2021-06-01
|1,661
|1,638
|3.81
|1.93
|31.20
|30.62
|1,372
|1,373
|2.54
|2.54
|15.98
|16.06
|-
|-
|2021-05-01
|2021-05-01
|1,600
|1,607
|7.82
| 7.71
|51.80
|52.61
|1,338
|1,339
|1.36
|1.21
|13.39
|13.47
|-
|-
|2021-04-01
|2021-04-01
|1,484
|1,492
| -12.71
| -10.55
|60.43
|60.26
|1,320
|1,323
|0.92
|1.30
|10.65
|10.71
|-
|-
|2021-03-01
|2021-03-01
|1,700
|1,668
|19.55
| 18.55
|34.18
| 33.23
|1,308
|1,306
|1.71
|1.48
|7.65
|7.58
|-
|-
|2021-02-01
|2021-02-01
|1,422
|1,407
| -11.24
| -14.15
| -9.14
| -8.46
|1,286
|1,287
|0.31
|0.39
|6.02
|6.10
|-
|-
|2021-01-01
|2021-01-01
|1,602
|1,639
| -3.67
|0.24
|1.91
|3.87
|1,282
|1,282
|1.58
|1.67
|7.28
|7.46
|}
|}


Line 1,545: Line 1,272:
|11.03
|11.03
|}
|}
=== January 2023 ===
Home prices in February jumped 6.4% year over year, another increase after the prior month’s annual gain of 6%, according to the S&P CoreLogic Case-Shiller national home price index released Tuesday. It was the fastest rate of price growth since November 2022.
The 10-city composite rose 8%, up from a 7.4% increase in the previous month. The 20-city composite saw an annual gain of 7.3%, up from a 6.6% advance in January.<ref>https://www.spglobal.com/spdji/en/index-announcements/article/sp-corelogic-case-shiller-index-s-upward-trend-persists-in-february-2024/</ref>
=== December 2023 ===
The S&P CoreLogic Case-Shiller 20-city home price index in the US declined 0.3% month-over-month in December 2023, following a 0.2% fall in November. Still 6.1% Y/Y.


== Affordability ==
== Affordability ==
Line 1,568: Line 1,287:
!Date
!Date
!Active Listings<ref>https://fred.stlouisfed.org/series/ACTLISCOUUS</ref>
!Active Listings<ref>https://fred.stlouisfed.org/series/ACTLISCOUUS</ref>
!M/M
!M/M %
!Y/Y
!Y/Y %
|-
|2024-07-01
|884,273
|5.27
|36.64
|-
|2024-06-01
|839,992
|6.64
|36.73
|-
|2024-05-01
|787,722
|7.27
|35.24
|-
|2024-04-01
|734,318
|5.68
|30.44
|-
|2024-03-01
|694,820
|4.53
|23.54
|-
|2024-02-01
|664,716
| -0.13
|14.75
|-
|2024-01-01
|665,569
| -6.81
|7.90
|-
|-
|2023-12-01
|2023-12-01
Line 1,732: Line 1,486:
|-
|-
|2021-04-01
|2021-04-01
|435,045
|435,663
| -1.11
| -1.12
| -53.78
| -53.74
|-
|-
|2021-03-01
|2021-03-01
|439,922
|440,589
| -5.23
| -5.23
| -53.04
| -52.99
|-
|-
|2021-02-01
|2021-02-01
|464,214
|464,919
| -12.59
| -12.57
| -49.97
| -49.92
|-
|-
|2021-01-01
|2021-01-01
|531,073
|531,775
| -13.16
| -13.15
| -44.17
| -44.12
|-
|-
|2020-12-01
|2020-12-01
|611,546
|612,300
| -10.49
| -10.46
| -40.82
| -40.78
|-
|-
|2020-11-01
|2020-11-01
|683,245
|683,822
| -6.85
| -6.84
| -40.22
| -40.19
|-
|-
|2020-10-01
|2020-10-01
|733,489
|734,040
| -2.05
| -2.05
| -39.28
| -39.25
|-
|-
|2020-09-01
|2020-09-01
|748,818
|749,395
| -3.87
| -3.87
| -38.85
| -38.82
|-
|-
|2020-08-01
|2020-08-01
|778,993
|779,558
| -5.26
| -5.26
| -36.92
| -36.89
|-
|-
|2020-07-01
|2020-07-01
|822,207
|822,834
| -5.60
| -5.59
| -33.66
| -33.62
|-
|-
|2020-06-01
|2020-06-01
|870,940
|871,557
| -6.13
| -6.12
| -28.57
| -28.55
|-
|-
|2020-05-01
|2020-05-01
|927,807
|928,370
| -1.42
| -1.42
| -21.40
| -21.39
|-
|-
|2020-04-01
|2020-04-01
|941,187
|941,733
|0.47
|0.47
| -17.20
| -17.19
|-
|-
|2020-03-01
|2020-03-01
|936,768
|937,319
|0.97
|0.97
| -16.02
| -16.01
|-
|-
|2020-02-01
|2020-02-01
|927,811
|928,343
| -2.46
| -2.45
| -15.83
| -15.81
|-
|-
|2020-01-01
|2020-01-01
|951,225
|951,675
| -7.96
| -7.95
| -14.32
| -14.31
|-
|-
|2019-12-01
|2019-12-01
|1,033,452
|1,033,887
| -9.58
| -9.57
| -12.82
| -12.82
|}
|}