Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index Up 1.4% year-over-year in October
Excerpt:
S&P/Case-Shiller released the monthly Home Price Indices for October (“October” is a 3-month average of August, September and October closing prices). August closing prices include some contracts signed in June, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).
The National index increased 0.37% month-over-month (MoM). This is the 3rd consecutive month with a MoM increase seasonally adjusted that followed 5 consecutive months with a MoM decline.
There is much more in the article.