by Calculated Risk on 5/30/2025 10:09:00 AM
Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Declined in April; Up 2.6% Year-over-year
A brief excerpt:
Freddie Mac reported that its “National” Home Price Index (FMHPI) decreased -0.15% month-over-month (MoM) on a seasonally adjusted (SA) basis in April. On a year-over-year basis, the National FMHPI was up 2.6% in April, down from up 2.9% YoY in March. The YoY increase peaked at 19.0% in July 2021, and for this cycle, bottomed at up 0.9% YoY in April 2023. …
As of April, 26 states and D.C. were below their previous peaks, Seasonally Adjusted. The largest seasonally adjusted declines from the recent peaks are in D.C. (-5.3), Colorado (-2.4%), Oregon (-2.0%), Montana (-1.7%) and Florida (-1.7%).
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. However, 4 of the 5 cities with the largest price declines are in Florida.
There is much more in the article!
