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 …
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