Case-Shiller: National House Price Index Increased 0.7% year-over-year in March

"FHFA’s seasonally adjusted monthly index for March was up 0.6 percent from February."

S&P/Case-Shiller released the monthly Home Price Indices for March ("March" is a 3-month average of January, February and March closing prices). January closing prices include some contracts signed in November, 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…