Relevant and even prescient commentary on news, politics and the economy.

Repeat home sales as measured by Case Shiller and the FHFA confirm price deflation

– by New Deal democrat Last month the indexes of repeat home sales from the FHFA and S&P Case Shiller were the final confirmation that the housing market was in deflation. That continued in this morning’s reports for July. On a seasonally adjusted basis, in the three month average through June, both the Case-Shiller national index […]

Repeat home sales accelerate slightly monthly, but continue to show YoY deceleration

– by New Deal democrat This morning’s repeat house price indexes from the FHFA and Case Shiller continued to show deceleration in this metric which is very important to home buyers. Specifically, on a seasonally adjusted basis, in the three month average through August, U.S. house prices according to both indexes rose 0.3%. This is a slight […]