by Calculated Risk on 2/28/2022 12:37:00 PM
Today, in the Calculated Risk Real Estate Newsletter: Median vs Repeat Sales Index House Prices
In October … the YoY growth in median prices started falling – and I expected Case-Shiller to follow.
Here is the same graph through the most recent reports.
Sure enough, the YoY growth in the Case-Shiller started to decelerate.
However, median prices have picked up over the last three months – so there isn’t evidence of a sharp decline in the YOY growth.
If there is a slowdown in house price growth, we should expect to see it in median prices first.
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