Housing Prices Persist

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And it may provide cover for the Fed FOMC which is pondering whether to hold rates, or not…

Year-Over-Year

  • The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 2.3% annual gain in May, down from 2.7% the previous month.
  • The 10-City Composite annual increase came in at 3.4%, down from 4.1% the previous month. The 20-City Composite posted a 2.8% year-over-year gain, down from 3.4% in the previous month.
  • New York, Chicago and Detroit reported the highest year-over-year gains with year-over-year price increases of 7.4%, 6.1% and 4.9%, respectively.
  • Tampa posted the smallest year-over-year growth of 2.4%.

Month-over-Month

  • The National Index posted a 0.4% month-over-month increase while the 10-City and 20-City Composites both posted increases of 0.4% before seasonal adjustment in May 2025.
  • After seasonal adjustment, the National Index posted a -0.3% decrease while the 10-City and 20-City Composites saw a -0.3% decrease as well.

Historical

  • Measured from its June 2006 peak, the 10-City Composite is up 60.3%.
  • The 20-City Composite has eclipsed its July 2006 peak by 66.1%.
  • The National Index is up 79.4% from its July 2006 peak.

Pull quote:

“May’s data continued the years slow unwind of price momentum, with annual gains narrowing for a fourth consecutive month,” says Nicholas Godec, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. “Seasonal momentum is proving weaker than usual, and the slowdown is now more than just a story of higher mortgage rates. It reflects a market recalibrating around tighter financial conditions, subdued transaction volumes, and increasingly local dynamics. With affordability still stretched and inventory constrained, national home prices are holding steady, but barely.”

Don’t forget – just over an hour to the Labor JOLTS report – could be fun, too…

The rest of today’s column is here...

-ure

14 thoughts on “Housing Prices Persist”

  1. the whole of florida is for sale . whos rear mouth do they pull this out of ? fair dinkum you blokes will believe anything . 3 rules of the 30s good times . summary of the chronicles i have read. 1 we were living in it but we didnt know . 2 one day we were rich next day poor 3 we would close the curtains to eat so folks couldnt see we were. have a good pre FED pack of lies . goodnite

    Reply

    • Good food handling gigs are opening for Americans as the foreign ones are sent back. Meat will go up in value which will keep housing up. Win/win.

      Hundreds of Iowa Meatpacking Employee Visas Revoked

      200 JBS employees from four countries are losing their U.S. work authorization.

      “At a July 15 city council meeting in Ottumwa, Iowa, Mayor Rick Johnson announced that JBS — the largest meat processor in the world — was issuing 200 notices to employees from Haiti, Cuba, Nicaragua and Venezuela that their work visas had been revoked. ”

      https://sentientmedia.org/iowa-meatpacking-employee-visas-revoked/

      Reply

      • I wonder if the plant will close.. that’s all that’s working at the packing house..when China bought them out years ago.. they use to be a community company now it’s all changed..they use to have a company store to..long gone first products are shipped then USA the same with the grain elevators..a friend had a company that when they sold off the gram. elevators and shipping exports he just about lost his business..

        Reply

    • Whats a matta Mate ? Squeezed Ure shorts a lil tight did they ?

      Ride the wave, duck-tuck and hang the f on..gotz to nail the timing, lest the funnel closes out on Ure face..talk about eating coral, dont get wrecked..tis why we Spread…risk management bitches.

      Hey did ya hear the one about Bitcoinz being FUNGABLE ? Like for Mortgages and Business Loans ? No problems Lenster, if you gotz any BTC, I got a submarine load of AUS dollars to exchange..how many ya want ?

      bwahahahahahahah – god save the queen!

      Whoops

      Reply

  2. Yo Doc, Youse got Ure I’s on ?

    Need some assistance from those with the power of Discernment. The link is to series of Videos/Pictures that show either lying photoshops, or the Matrix is indeed breaking down. Personally Im going with the latter, cept foe the vegas sphere one- obvious optical illusion, the others ??

    Check this scheisse out – https://youtu.be/KvhAb1yDZTQ?si=equjbeCbfxlH0nN1

    Okay Geniuses – lets hear what youse gotz, and thank you for Ure consideration and participation in this Experiment.

    Reply

  4. ya see the reason i post on glp threads who have Titles entirely different than the future as it unfolds correctly, is that indirectly influence the future as dictated to me though many different domains.

    althought yesterday i walked through and fullfilled sequntually a multiple string of personal temoral markers. i didnt realize it until this morning.

    4 months ago i found 5 childrens toys in one day. just going about my normal life i found 5 childrens toys in one day one after another.

    one was a little toy turtle. abother a superman action figure. i remember the exact consecutive sequence i found them.

    i had already last week lived one of the toys out in that day. yesterday i went with my daughter to see superman. and lived out two of the toys in in sequence yesterday among many other moments of synchronicity.

    like when i found that master lock key in soda springs idaho. i put it in my wallet. then 9 months later i was with a friend getting stuff from her storage in arlington washington. another lady shows up to get into her storage next to hers and didnt have her key. set her boxes down and asked can you please watch these boxes. i left my key in the car. i said sure. she left to go back to her car. i looked at the lock and then i remembered i found that master key in soda springs idaho 9 months pior. pulled it out of my wallet.

    the lady came back up said i lost my key to my storage unit. thanks for watching my boxes. i will have to come back. i said here try this one. she said where did ya get that. i said i found it in the parking lot. she tried it and wha lah! it unlocked her lock. she said i must have dropped my key in the parking lot thank you! i said you bet.

    she never realized i was stand there before she arrived and never left that spot while she was there.

    and i never told her the parking lot i found that key in was 858 miles away, 9 months before i ever met her.

    similar sequences and synchronicity as that yesterday. i know the last two in the sequence i found them.
    i keep all of that to myself.

    then i came home and fell asleep watching Money Ball last night. i woke up or was dreaming and my entire bedroom filled with Golden Light. in that moment this feeling that every single worldly desire i had was fullfilled. my entire body felt complete joy wash over it and i knew id never have to worry or stress about anything again. i felt brand new. like an entire new man. with a whole new body. i have had a lot of injuries in life so my body always aches to a certain degree. all those aches miraculously vannished. i just sat up and said Thank You! Thy will be done! then i fell back asleep.

    i dont know if i was awake or asleep or moving between both, back and forth. because my dreams feel so real now. and its new. like im walking back and forth inbetween both worlds all day. all day. and stuff that only happens in dreams is starting to happen in the real world and stuff that happens only in the real world is happening in dreams.

    its like both the dream world and the real world are becoming one world.

    the exception is if i dont like something in the dream world i can alter it to my liking. i can stop something from occouring alter it and make something more user friendly. because i am aware that it is a dream. so in my dream where i see a car crash about to happen i can alter the cars to not crash.

    pretty cool.

    anyways,

    God is in the Win!

    Reply

  5. ohhhhh how funny.

    i just found a fortune

    that reads, “Your Dreams will become Reality.”

    ok, cool. sounds good to me.

    Thanks DUDE!

    Reply

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