Case-Shiller National Index up Record 19.8% Year-over-year in August

The Deceleration is coming

First, last week I wrote The Coming Deceleration in House Price Growth. I noted:

Not only is Case-Shiller released with a lag … but the 3 month average means the August release will include sales in June and July too.

Still, the August Case-Shiller National Index will be up about 20% YoY

So the record year-over-year increase was expected, and the decelera…