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

The Deceleration is coming

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Oct 26, 2021
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Case-Shiller National Index up Record 19.8% Year-over-year in August
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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…

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