by Calculated Risk on 6/10/2025 08:23:00 AM

Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-June 2025

A brief excerpt:

Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-June 2025 I reviewed home inventory, housing starts and sales. I noted that the key story right now for existing homes is that inventory is increasing sharply, and sales are essentially flat compared to last year. That means prices will be under pressure (although there will not be a huge wave of distressed sales). And there are significant regional differences too.

In Part 2, I will look at house prices, mortgage rates, rents and more.
...
The Case-Shiller National Index increased 3.4% year-over-year (YoY) in March and will likely be lower year-over-year in the April report compared to March (based on other data).
...
The MoM decrease in the seasonally adjusted (SA) Case-Shiller National Index was at -0.30% (a -3.5% annual rate). This was the first MoM decrease since January 2023.

There is much more in the article.