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Lawler: Freddie Mac “National” Home Price Index Down Again in November; Rents Continued to Slide

Lawler: Freddie Mac “National” Home Price Index Down Again in November; Rents Continued to Slide

Lawler: “Best guess” is that the national apartment rent index will decline by about 4% in 2023.

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CalculatedRisk by Bill McBride
Jan 11, 2023
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
Lawler: Freddie Mac “National” Home Price Index Down Again in November; Rents Continued to Slide
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From housing economist Tom Lawler:

Freddie Mac House Price Index (FMHPI®)

Freddie Mac recently reported that its “National” Home Price Index (FMNHPI) declined for the fifth straight month on a seasonally adjusted basis in November, putting the FNNHPI down 2.06% from its June 2022 peak.  Compared to a year earlier the November FMNHPI was up 6.27%, down fro…

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