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Comments on House Prices


by Calculated Risk on 9/28/2021 11:51:00 AM

Today, in the Newsletter: House Prices Increase Sharply in July


This graph below shows existing home months-of-supply (inverted, from the NAR) vs. the seasonally adjusted month-to-month price change in the Case-Shiller National Index (both since January 1999 through July 2021).

In July, the months-of-supply was at 2.6 months, and the Case-Shiller National Index (SA) increased 1.55% month-over-month. The black arrow points to the July 2021 dot.

Case-Shiller: National House Price Index increased 19.7% year-over-year in July

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