Bidenville! Case-Shiller National House Price Index Decreased 0.2% Year-over-Year in April As Liquidity Evaporates (Miami Rises 5.18%, Seattle Down -12.43%, San Francisco Down -11.14%)

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Wasting away again in Bidenville!! Looking for my lost national housing market.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a -0.2% annual decrease in April, down from a gain of 0.7% in the previous month. The 10-City Composite showed a decrease of -1.2%, down from the -0.7% decrease in the previous month. The 20-City Composite posted a -1.7% year-over-year loss, down from -1.1% in the previous month.

The winners in April? Miami and … Chicago?

The biggest losers in April? Seattle and San Francisco both suffered YoY losses over -11%.

The US Treasury 10Y-2Y yield curve remains steeply inverted at -97 basis points.

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Published by confoundedinterest17

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One thought on “Bidenville! Case-Shiller National House Price Index Decreased 0.2% Year-over-Year in April As Liquidity Evaporates (Miami Rises 5.18%, Seattle Down -12.43%, San Francisco Down -11.14%)”

  1. That’s a lagging indicator.
    Try a leading one: “Home prices rose for third straight month in April, S&P Case-Shiller index says.”

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