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Housing: Remember it’s the Rearview

But it tells of inflation, nevertheless.

At 9 a.m. ET today, S&P Dow Jones Indices released the latest results of the S&P Cotality Case-Shiller Indices, formerly known as the S&P CoreLogic Case-Shiller Indices.

Data through May 2026 reveals the following:

Year-Over-Year

    • The S&P Cotality Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 1.1% annual gain in May, up from a 0.9% rise in the previous month.
    • The 10-City Composite saw an annual increase of 2.4%, up from a 1.8% increase in the previous month. The 20-City Composite posted a year-over-year increase of 1.6%, up from a 1.2% rise in the previous month.
    • Chicago, New York and Cleveland reported the highest year-over-year gains with year-over-year price increases of 6.9%, 4.2% and 3.1%, respectively.
    • Las Vegas posted the lowest return in May, falling -1.9% year over year.

Month-over-Month

    • The pre-seasonally adjusted 10-City Composite and 20-City Composite Indices recorded monthly gains of 0.9%, while the U.S. National Index posted a 0.6% gain.
    • After seasonal adjustment, the U.S. National reported a monthly decrease of 0.05% while the 10-City

and 20-City Composite Indices posted 0.3% and 0.1% gains, respectively.

Historical

    • Measured from its June 2022 peak, the 10-City Composite is up 12.5%.
    • The 20-City Composite is up by 9.4%.
    • The National Index is up 8.8% from its June 2022 peak.

Remember, add three zeroes to the right axis number fol the home price.

Write when so moved…,

~ure

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2 thoughts on “Housing: Remember it’s the Rearview”

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  1. G.A. STEWART: Previously, I wrote that I was done with blogging. In a sense I am; right now, I am organizing myself and recruiting for the Big Meltdown. I believe that people’s heads will explode when they see how quickly civilization collapses.

    Sometimes the universe telegraphs answers and options, and I will address that at the end of this post. I need civilization to hang in there for another month. I am in the process of buying a house, because I believe that it is all going to fall apart very soon, and it’s better to be in my home than someone else’s.

    It is the peak of the real estate market, and the lease on my rental house is up in October. Rent is now as high as a mortgage, and for the same money, I bought a very nice new house on the edge of a nature preserve.

    It is pretty close to scary now, and that should be obvious to anyone with half-a-brain.

    https://theageofdesolation.com/nostradamus/2026/07/28/the-crocodile-cometh/

    Reply

  2. Crazy old man spearament…..
    Almost everyone has heard my fifty?plus?year rant about solar towers — putting one at every substation, handing out grid?tied solar to any homeowner willing to install panels, turning neighborhoods into resilient nodes that strengthen national security. With remote disconnects, the power company still keeps control. Add CO2 filters on every city streetlight to replace the trees we lost when urban expansion removed the trees. Greenscape the cities. And in arid regions, build air wells to help replenish aquifers.

    Well… this spring I had a new twist on the air?well idea, and it’s turning into a fall expansion project. It started with my folding hydroponic system concept for easy storage.

    A guy I used to know, Larry Hall, started the Rain Gutter Grow System fad. The local grain elevator sells cattle feed in twenty?gallon tubs, and that got me thinking: what if…

    One early spring morning, sitting in my magic chair with a cup of coffee, I noticed dew rolling off the greenhouse roof just like a miniature air well. The weeds were huge, and while staring at them I had a “what?if” moment. I’ve been planting potatoes in those tubs — usually I get about twenty pounds if I’m lucky. So I grabbed the two?wheel cart and moved the tubs directly under the roof so the dew would drip into them. I set another tub off to the side where it only got normal watering, like a basic drip?feed setup.

    The results so far?
    The dew?fed tubs have plants twice the size of the others. It’s already obvious I’ll double, maybe even triple, my harvest.

    So this fall, I’m putting up a fence line using tin roofing panels as a sloped peak roof. I’ll set the buckets on a watering trough, just like the Rain Gutter Grow System, so the roots stay fed — and the dew from my little air?well roof will dribble right into the buckets.

    Turning dew into irrigation… who knew?

    https://youtu.be/KOZKkpyJLf0?si=62WIL8W59dyn9R-N

    https://chatgpt.com/s/m_6a68bff2a4d881918163359902f6bc0a
    https://chatgpt.com/s/m_6a68c08eda188191a51da9681f1a4df6

    Reply

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