by Calculated risk 4/30/2025 12:45:00 PM
Today in the calculated risk real estate newsletter: The Freddie Mac House Price Index has remained largely unchanged in March. Increased 3.0% year-on-year
A simple excerpt:
Freddie Mac reported it “National” Home Price Index (FMHPI) This increased by 0.01% per month based on a seasonal (SA) for March. Compared to the previous year, nationwide FMHPIs increased by 3.0% in March, up 3.4% from the previous year in February. Yoii’s increase peaked at 19.0% in July 2021, and in this cycle it rose 0.9% year-on-year in May 2023.
As of March, 25 states and DC were below their previous peaks and seasonally adjusted. The biggest seasonally adjusted declines from the recent peaks are in DC (-4.9), Oregon (-1.6%), Arkansas (-1.6%), Delaware (-1.3%), Idaho (-1.2%) and Oklahoma (-1.2%).
For cities (core-based statistical area, CBSA), there are 30 cities with seasonally adjusted maximum reduction from peak. Austin remains the worst performing city. However, 10 of the 19 cities with the biggest price drops are in Florida.
There’s so much more to this article!
