A brief excerpt:
Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-January 2025 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 3.6% year-over-year (YoY) in October and will be about the same YoY - or slightly higher - in the November report (based on other data).
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Other measures of house prices suggest prices will be up about the same - or maybe a little higher - YoY in the November Case-Shiller index as in the October report.
