Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Home Prices Fell Even Faster in August, But Still Up Big Year-Over-Year

Home prices fell sharply again in August according to the two leading home price indices, both released this morning.  The Federal Housing Finance Agency (FHFA) logged a month-over-month decline of 0.7%–a modest acceleration from the 0.6% decline seen in July.  The S&P Case Shiller 20 city index fell 1.3% in today’s report compared to a 0.7% drop last month. Does this mean prices are falling?  Technically, yes.  Using FHFA as an example, it means that

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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