Deep In The Heart of … COVID! Case-Shiller Home Price Index Rises 8.41% YoY In October (Phoenix AZ Fastest Growing, NYC Slowest Growing)

#bubble, Economy, fannie mae, Fed, Freddie Mac, Housing, Inflation, Jobs, Mortgage, Powell, Treasury, Uncategorized, Wages 1 Minute

We are “Deep in the heart of Covid.”

US home prices, according the S&P CoreLogic Case-Shiller US National Home Price Index, rose 8.41% YoY in October.

My old home town of Phoenix AZ is growing at 12.7% YoY. The slowest growing city? New York City at 6% YoY.

I am still trying to recover from pneumonia due to Covid-19 in one of the economic shutdown states, Virginia.

Speaking of Covid, The Federal Reserve responded to Covid with expanding their balance sheet … again … helping to drive the 30 year mortgage rate to near all-time lows.

Published by confoundedinterest17

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2 thoughts on “Deep In The Heart of … COVID! Case-Shiller Home Price Index Rises 8.41% YoY In October (Phoenix AZ Fastest Growing, NYC Slowest Growing)”

  1. Pingback: Deep In The Heart of … COVID! Case-Shiller Home Price Index Rises 8.41% YoY In October (Phoenix AZ Fastest Growing, NYC Slowest Growing) - Female Investors Daily

  2. Good morning, professor!!

    Hope you are still holding up okay.
    I was sorry to hear Covid hit you hard, but I was not surprised you’re kicking it’s ass! (And just happy you pulled through)

    Just wanted to send well wishes for your continued recovery. Merry Christmas & Happy New Year to you and your family!!

    Best,

    Marissa Downing

    Like

    Reply

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