OK, sure. The Fed doesn’t look at Housing prices, because they really like the idea of All Items less food and energy. But, as a symptom of financial storm clouds? When the herd gets antsy, we get worried. Today, a chill pill.
“Data through June 2025 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 1.9% annual gain in June, down from 2.3% the previous month.
The 10-City Composite annual increase came in at 2.6%, down from 3.4% the previous month. The 20-City Composite posted a 2.1% year-over-year gain, down from 2.8% in the previous month.
New York, Chicago, and Cleveland reported the highest year-over-year gains with year-over-year price increases of 7.0%, 6.1% and 4.5%, respectively.
Tampa posted the smallest year-over-year growth of 2.4%.
Month-over-Month
The National Index posted a 0.1% month-over-month increase while the 10-City and 20-City Composites both posted decreases of -0.1% and -0.04% before seasonal adjustment in June 2025.
After seasonal adjustment, the National Index posted a -0.3% decrease while the 10-City and 20-City Composites also posted decreases of -0.1% and -0.3%.
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 66.0%.
The National Index is up 79.6% from its July 2006 peak.
“”June’s results mark the continuation of a decisive shift in the housing market, with national home prices rising just 1.9% year-over-year—the slowest pace since the summer of 2023,” says Nicholas Godec, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. “Looking ahead, this housing cycle’s maturation appears to be settling around inflation-parity growth rather than the wealth-building engine of recent years. While this represents a loss of the extraordinary gains homeowners enjoyed from 2020-2022, it may signal a healthier long-term trajectory where housing appreciation aligns more closely with broader economic fundamentals rather than speculative excess.”
Then have a look at the actual prices over time chart. See a still percolating economy? Or one where the deportation fever managed to throw out the good with the bad? Pretty sure Grump and Truesome would have differening views.
After the data, futures were still looking weak, which leaves us wondering if the typical pre-holiday rally will materialize later this week, or not?
You make the call. I’m making breakfast…
~ure
just another steaming pile of horse manure . should put it all in a wagon and drop it in front of the eccles building . free fertilizer . actually every stat in USSSAAAA is cooked and smells
In the 1960’s my uncle was in the ‘private sanitation’ business in NYC, lot of money made in those days…
He bought a race horse and I remember the horse was on display in his Brooklyn driveway. I was 10 years old and as soon as I was in the saddle, the horse dumped a load and everybody laughed.
He also had a piece of Italian boxer Nino Benvenuti.
“Nino Benvenutti: Became the best fighter in the history of Italian boxing. Was the most outstanding boxer of the 1960 Olympic Games of his native country in Rome, even with Cassius Clay withstanding! Won the olympic gold medal and didn’t disappoint at the pro level, winning his first 65 pro bouts and won the world Jr middleweight and middleweight titles. His loss to unknown Korean Kim Ki Soo hurt his ranking in the decade. It was the ironic defeat that equaled Italy losing to North Korea in the upset of the 1966 Football World Cup. Losing to Soo is one of boxing’s top 10 greatest upsets ever.”
https://boxrec.com/forum/viewtopic.php?t=199394
Goodfellas really were everywhere back then…
“it’s collective, not selective. Only by making the space to invite all voices, will you unearth the true wisdom that already resides in your ranks and exponentially improve your win rate.”
this is an amazing article. i highly recomend you….. well everyone here on Urban Survival read it.
it is reminscent in nature to the way George wrote back in the day before the comment section was added.
another Quote as it relates to the comment section here.
“Just as IQ measures the ability of individuals to perform certain tasks, collective intelligence – or CQ – predicts a team’s ability to solve problems together. When a team has collective intelligence, its output is exponentially greater than the sum of all the individuals’ abilities. ”
i have been studying The New Zeland All Blacks. The winningest team out of any sport in the world for over 100 years.
they play rugby. rugby is a brutal and violent sport. The New Zeland All Blacks started in 1884.
in the last 141 years they have a 77% win Ratio.
a 77% win success ratio for almost a century and a half in a brutal violent sport.
not even the Fed has that kind of win ratio. no country on earth has that kind of win ratio. not even rome. rome lost many battles. they just stayed in buisness longer than most as an empire.
That is pretty fuckin impressive.
if i dont reply, it doesnt mean i didnt read it. im good friends and talk almost daily to Feeling Blessed.
took my physical yesteday for MSC. doctor came in and said Oh you are a Stud. i laughed. he said any disabilities? i said nope. he said you on any medications. i said nope. he said ok, you pass. have a good day.
i said do you want me to stand on foot or anything? he said how many push ups can you do? i said i can 300 push ups and 200 sit ups in about 20 minutes. i think my best time is 20 minutes flat.
he said i can see that. you are welcome go home and stand on one foot if ya want. i could see you are as finest example of male specimin I have ever seen. all the best on your next adventures. then he walked out.
i like that.
all the best on your next adventures.
Hell of a physical, Andy ! Well done!
That’s true Andy…….
The New Zealand All Blacks have a very, very impressive record indeed.
Not that I am into Rugby Union………I much prefer Rugby League, which is a FAR bigger sport here in Australia.
Rugby Union was an amateur sport across many nations, but in 1908, a group of players got together and decided it was time they were paid to play.
Rugby Union said no…….so the players formed a professional, break away sport of their own……the superior game of Rugby League.
Some rule variations to be sure……but EVERY BIT as brutal as Rugby Union.
For anyone interested, in February 2026 Rugby League will again be showcased at Allegiant Stadium, Las Vegas.
My team will be there…….the mighty St. George Dragons, taking on our arch rivals, the Canterbury Bulldogs.
Plenty of room for our US friends to get on board with the Dragons…….Australia’s most famous Rugby League team, with no less than 11 CONSECUTIVE PREMIERSHIPS between 1955 -1965 (that said, we had a shocker of a year this season!!!)
Get on board with the “Red V” here my friends.
http://www.dragons.com.au
Now that said……a little bit of hypothetical trivia and mirth to leave off with.
If the New Zealand Rugby Union team is called the All Blacks, and the New Zealand cricket team is called the Black Caps……what would be the name of the New Zealand Badminton team?
The Black Cocks ???
Regards,
Ray, North Haven, Australia
at the Link:
https://www.reflectionpoint.org/post/what-the-winningest-team-in-sports-can-teach-us-about-collective-intelligence
George used to write like this alot back in the day. his writting like this, is how i became a regular at Urban Survival.
every daily post was dripping in deep connection and meaning.
when i read that article i actually thought George wrote it. lol
similar pattern.
mind you. i dont know Georges Total word count since Urban Survival Started. or Annual word count.
i certainly do not possess the capability to arrange and rearange the 26 unit alphabet codex that many times into a useful, meaningful and captivating daily dialog.
George is a Master of that codex.
didnt mean any disrespect.. that article just brought back some memories of some things George wrote as we woooo toward the completion of the Myan Long Count.
noting we just crossed the 5,139 year anniversary of the myan long count start date a few weeks ago.
the All Blacks.
And
Que: ~ The White Rabbit ~
https://youtu.be/pnJM_jC7j_4?si=AzlNp7d5Fxt_yDTJ
jefferson airplane.
hey lets just pretend there is inflation !!! guru wankers both making big forecasts , nudge nudge wink wink . one fella is so possessed by rat juice he is making thousands of points up predictions in rome , that is florida where he lives . whole dump for sale . such good times . its the Rick and Marty show !! bought to you from miami florida . both have the credibility and integrity of ex used car salesman. yeah they both need intravenous lithium .
turncoats picks . id pick your nose mate and flick it on a stock board for your dreamer stuff . remind me of marvin the monkey from 2000 tech boom throwing darts . now you throw boogies turncoat . the other half of the show the forecaster , dont look me in the eye , im in florida was getting his gear ready for stir for billion dollar financial crimes he didnt do . why dont you both go to the north pole and sell prosperity or snow to eskimos
Maker of Eskimo Pie Ice Cream Will Retire ‘Inappropriate’ Name…
https://www.nytimes.com/2020/06/20/business/dreyers-eskimo-pie-name-change.html
is there some wall where you can both go in florida to cry about sheetcoin and the greatest market crash in history ? front row of the gog you 2 blokes . share beers or cones ?
When the music’s over, turn out the lights. – The Doors
len : how to respond? OK, here ya go, I’ll play along. Relax. Have a cocktail (or, quit drinking?). Chill out -or- get help? It’s binary mate. Posted in fun. Whatever. Really ~~ /)/) ~ Egor
Unfortunately that Housing bunk that was just reported never ever jives with what I see looking the front Door.
We have the #1 STEM/High School in the state of Pennsyltucky. Has been that way for several years now, and the migration from New Delhi is non stop. Got fuzzy headed foreigners (Guptas) literally driving all Over the roads. On top of that we have a very competitive Football program..lost State Championship last year to Private School (national powerhouse) St Josephs Prep. RE is at a premium in District due top notch School System.
GOLD,GOLD, GOLD is about to breakout. GLD is poised, with NEM already off to the races…Been the best Trades of the Summer so far – Gold Equities. Also has saved my Performance this year in the House Accounts (Family Trusts). No Worries as I am addicted to Dividends and think they are better than Compound Interest..due they already Compound (reinvest dividends) – woot woot must be time for the Bandicoot!
Say, wheres the giant Spaceship today ? Passing by the Planet of WAR soonly ?
? Where will you be when the Feathered Serpent(Quetzcoatl) RETURNS ?
Enki/ Ptahs’ right hand Man
Trump .gov will buy houses.
What type of .gov does this… “Owns the mean of production”….
“Commerce Secretary Howard Lutnick revealed that the Trump administration is considering acquiring equity stakes in major defense contractors like Lockheed Martin. This discussion follows a recent $9 billion deal where the U.S. government purchased 10% of Intel stock. “
A US Sovereign Wealth Fund will own shares _given_ in appreciation the billions from the Chips Act. Would the value of this or other deposits annure to tax paying citizens, who fund government? If so, how? The rest is immaterial IMO. ~ E
Maybe .gov should own everything and we citizens receive monthly digital dividend deposits. We use the purchasing power to buy .gov products and services creating an economic feedback loop. This approach would be a more equitable distribution of wealth Vs private property. No?
A.I. Overview: “Specifically, state socialism is an ideology that advocates for the state ownership of the means of production, which are the resources, tools, and factories needed to create products and services.”
.gov is buying. There’s no doubt.
The short form version.
https://youtu.be/qAzzXpb8vrk
Got blockchain. Not advice do your own homework.
Daneric mentioned this on their blog recently:
“Who recalls that the S&P 500 bottomed out in 2010 at a low of 666? Well, it is certainly interesting that we are coming up to SPX 6660. A 10X multiple.
Another possible number to watch for is concerning the DJIA. The 24th sequence of Fibonacci numbers is 46,368, a mere 700 points away. If the SPX approaches 6660 no doubt the DOW would be right around 46,368.”
Source: https://danericselliottwaves.org/2025/08/elliott-wave-update-22-august-2025
i spy with my Good Eye,
Winner! Winner! Chick and Dinner!
https://youtu.be/LzGBQerkvWs?si=cKuskx5XmLSpJw4T
Housing is so localized that it is hard to generalize to the entire country from just the perspective of one’s little area.
In the best of times most areas can be doing GREAT while other areas are going down. Ditto in the worst of times. Locally during the 2008-2010 collapse we had two suburbs in my city where pricing increases never missed a beat and continue to climb every month during that recession …. even while other parts of town saw chaos and serious price drops (including some high income suburban areas). Often (usually) the determining factor that keeps one area going up in the face of an overall decline is the quality of the school system that the kids in that area would be going to. (what happened here)
If one stands back and looks at the nation as a whole then housing price INCREASES are slowing down … and sales volume have from a nationwide perspective COLLAPSED, including in some formerly very HOT areas. This past spring had the worst single family home selling season on a nationwide basis (number of houses sold) in 30+ years … even WORSE than during the 2008-2010 collapse!!
The number of personal bankruptcies is now back up to the 2008 – 2010 level and looks ready to go above that level, possibly by a LOT.
Is that collapse in sales volume bringing down prices? NOPE! Few “forced sellers” showing up on the sales side.
From where I sit the Housing Market is SLOWLY rolling over, but it isn’t occuring quickly and in fact probably won’t, match up with what was experienced in 2008-2010. The main reasons for that are:
1) home owners now are required to have MUCH more of their own capital invested when buying a home, which gives the banks and owners lots of an equity cushion;
2) low monthly payments for most homeowners since they locked in low interest rates during the 1000 year low in interest rates that we just saw;
3) building costs for NEW construction have gone through the roof which brings up the floor on the value of existing homes (limits how low they can drop in price) quite dramatically.
If a local area loses a LOT of good paying jobs then yes, people will run into problems paying their mortgage and prices will drop .. a LITTLE .. as that suppy hits the market, but unless credit totally freezes up which locks out new buyers entirely they won’t drop by much since construction costs for new builds has gone up so dramatically
NO big price drop on the horizon for most of the country. The only serious pricing drop the is occuring at the moment is for those areas that got overly heated, so high that the purchase price outran the working people’s ability to pay the monthly payments
3) – that is problem in my State/Area, new homes are over 2.5 times more expensive than existing.
Hell, I couldnt afford to Buy my current Home & Property, same can be said of the House in Belize. Rather Nucking FUTZ in my opinion.
Country has been in a Recession since covert19 days.
Shut Ure pie holes,
I dont give a Flying F what the guvmint stats say – they be LYING, as USUAL.
Son and DiL just purchased their 1st Home in Raleigh, NC this Summer. Same dam market as around here -multiple offers on each property. They go for Over asking Price in that area (within 12 Minutes drive to Hosp) What with UNC/DUKE/NCSTATE -Research Triangle nearby, it is competitive as all get out.