by Calculated Risk on 10/26/2021 04:13:00 PM
Today, in the Newsletter: Case-Shiller National Index up Record 19.8% Year-over-year in August; The Deceleration is coming
Excerpt (there is much more):
Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).
The MoM increase in Case-Shiller was at 1.43%; still historically high, but lower than the previous five months. House prices started increasing sharply in the Case-Shiller index in August 2020, so the last 13 months have all been historically very strong, but the peak MoM growth is behind us.