bee Calculated Risk On 3/12/2025 12:53:00 PM
Today, in the calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; OVERVIEW FOR MID-MARCH 2025
A letter excerpt:
Earlier this week, in Part 1: Current State of the Housing Market; Overview for Mid-March 2025 I Reviewed Home Inventory, Housing Starts and Sales.
In Part 2, I will look at House Prices, Mortgage Rates, Rents and more.
These “Current State” summaries show us where we came from, where we are, and hopefully give us clues as to where we are going!
Note: I started the year adopting the position of fed chair powell, taking a “wait and sea” approach on what policies would actually be enacted. Now I'm trying to understand the impact of policy changes on housing. It appears building costs will increase significantly, and demand for housing will likely decline. Ill have more soon.
…The Case-Shiller National Index increased 3.9% year-over-year (yoy) in December and will be about the same yoy-or slightly higher-in the January Report (based on other data).
The Mom increase in the seasonally Adjusted (SA) Case-Shiller National Index was at 0.46% (A 5.7% annual rate), this was the 23rd concutive mom increase in the seasonally adjusted index.
There is much more in the article.