Median vs Repeat Sales Index House Prices

Most analysts expect house price growth to slow sharply in coming months. For example, in May I wrote: What will Happen with House Prices?

However, the most recent Case-Shiller report showed house prices were still up 19.7% year-over-year (YoY) in May, only down slightly from the 20.6% YoY increases reported for March and April.

However, the Case-Shiller…