Case-Shiller National Index up 20.6% Year-over-year in March; New Record Monthly Increase

FHFA: "Through the end of March, higher mortgage rates have not yet translated into slower ​​price gains"

Both the Case-Shiller House Price Index (HPI) and the Federal Housing Finance Agency (FHFA) HPI for March were released today. Here is a graph of the month-over-month (MoM) change in the Case-Shiller National Index Seasonally Adjusted (SA).

The Case-Shiller Home Price Indices for “March” is a 3-month average of January, February and March prices.

The MoM …