According to new data announced on Tuesday, in November, Federal Housing Finance Agency and CoreLogic Case-Shiller Indexes have recorded 4.2 %, 3.8 %, each of them.
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According to the data announced by S & P Dow Jones on Tuesday, the growth of housing prices in the United States reached the highest price ever in November, and despite the slow pace, the housing price has been increased for 18 consecutive months. I marked it.
Federal Housing Financial Institutions and S & P Corelogic Case-Shiller Indexes have recorded 4.2 %, 3.8 %, respectively.
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The FHFA Housing Price Index (HPI) recorded a 0.3 % increase in November, and the previously reported profit was revised up to 0.5 %. The monthly changes in the nine census category have changed from 0.6 % of East South Central to 0.9 % of West North Central and New England.
The annual growth in these departments remained positive, but from 1.8 % of the southwest to 7.7 % of New England.
Dr. Anju Vajja, Deputy Director of FHFA’s Research Statistics Division, believes that it is due to an increase in mortgage rates that will attenuate demand. “The annual housing price in November has continued to be eased, and all nine census categories are slower than a year ago,” said VAJJA.
Dr. Anju vajja
S & P Corelogic Case-Shiller Index emphasized the local trends along with the leading growth of New York, Chicago and Washington DC. Composite materials in 10 cities rose 4.9 % year -on -year, and the composite materials in 20 cities recorded a profit of 4.3 %.
In contrast, the tampa experienced the steepest decrease and decreased by 0.4 %.
“Except for the trendy performance pockets, the nationwide housing price is rising below the historical average,” said Brian Luke, the director of S & P DOW JONES INDICES (DJI).
Brian D. Luke
“Naturally, the northeast is a growing area, and on average, we made a profit of 6.1 % a year,” said Luke. “However, the market is west, and the once red -heated Florida is far below average growth. The decline of tampas is the first year in any market in more than one year. The return of the entire area is ranked in the lower part of the historic annual profit dating in 1988. “
Despite the only 0.1 % DIP of the national index adjusted for each month in November, the housing price has reached the highest in the seasonal adjustments 18 consecutive times.
Fanny Mei’s economist estimates that the nationwide housing prices will rise by 5.8 % in 2024 and will increase by 3.5 % in 2025. Fanny Mei’s forecast expects the annual housing price to cool 1.7 % by the end of next year.
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