By 
Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased in August to New High; Up 4.0% Year-over-year
A brief excerpt: On a year-over-year basis, the National FMHPI was up 4.0% in August, from up 3.0% YoY in July. The YoY increase peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% in May 2023. …
In August, 11 states and D.C. were below their previous peaks, Seasonally Adjusted. The largest seasonally adjusted declines from the recent peak were in Utah (-3.8%), Arizona (-3.4%), Hawaii (-3.4%), Idaho (-3.2%), and Nevada (-2.8%).
For cities (Core-based Statistical Areas, CBSA), here are the 30 cities with the largest declines from the peak, seasonally adjusted. Austin continues to be the worst performing city.
…
I’ll have an update on the House Price Battle Royale: Low Inventory vs Affordability soon.There is much more in the article. You can subscribe at https://calculatedrisk.substack.com/
Comments