by Calculated Risk on 7/29/2025 09:46:00 AM
Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index Up 2.3% year-over-year in May
Excerpt:
S&P/Case-Shiller released the monthly Home Price Indices forMay (“May” is a 3-month average of March, April and May closing prices). March closing prices include some contracts signed in January, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).
The MoM decrease in the seasonally adjusted (SA) Case-Shiller National Index was at -0.29% (a -3.5% annual rate). This was the third consecutive MoM decrease.
On a seasonally adjusted basis, prices increased month-to-month in just 8 of the 20 Case-Shiller cities. San Francisco has fallen 8.2% from the recent peak, Tampa is down 3.3% from the peak, and Denver down 3.3%.
