by Calculated Risk on 8/26/2025 09:53:00 AM
Today, in the Calculated Risk Real Estate Newsletter: Case-Shiller: National House Price Index Up 1.9% year-over-year in June
Excerpt:
S&P/Case-Shiller released the monthly Home Price Indices for June (“June” is a 3-month average of April, May and June closing prices). April closing prices include some contracts signed in February, so there is a significant lag to this data. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).
The MoM decrease in the seasonally adjusted (SA) Case-Shiller National Index was at -0.26% (a -3.1% annual rate). This was the fourth consecutive MoM decrease.
On a seasonally adjusted basis, prices increased month-to-month in just 3 of the 20 Case-Shiller cities. San Francisco has fallen 9.0% from the recent peak, Phoenix is down 4.4% from the peak, and Denver down 3.7%.
