US CoreLogic S&P Case-Shiller Index Retracts Rapidly Amid Surging Mortgage Rates, Up by 13% in August

Econ & Housing, The Daily Buzz

Five housing markets in the Southeast and South continued to post more than 20% annual price gains in August Rising mortgage rates continue to rattle the U.S. housing market. With homebuyer demand quickly slowing, price appreciation has followed suit in many metro areas. In August, the CoreLogic S&P Case-Shiller Index posted a 13% year-over-year increase,…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

Improving Affordability Fueled by Moderate Decline in Home Prices
October pending home sales hit a low point
US stocks finish mixed at end of bumper November
Lumber CFTC COT #’s as of 11/28….Combined futures & options
Pending Home Sales Are the Latest Red Flag That a Housing Market Crash Is Coming