Posted on 09/24/2013 6:44:37 AM PDT by whitedog57
The S&P Case-Shiller house price index was released this morning for July. The seasonally adjusted index rose 0.62% in July versus an expectation of 0.80%.
cshp
The rate of growth in house prices is slowing down.
csmomjuly13
Here is the Case-Shiller 20 city index against the Loan Performance house price index (yellow).
csloanhp
For the non seasonally adjusted types, Case-Shiller rose 1.8% in July. All 20 metro areas saw gains in house prices. For the SA measure, only Cleveland and Minneapolis had declines.
csmtreo092413
And all this despite mortgage purchase applications remaining at 1997 levels.
mbaplt091813
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