Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

US Home Price Growth Slumps To Weakest In 7 Years

Courtesy of ZeroHedge View original post here.

S&P CoreLogic Case-Shiller’s 20-City Composite price index rose just 2.13% YoY in June – the weakest growth since August 2012.

The MoM rise of just 0.04% notably missed expectations of a 0.1% rise and the drop from 2.37% YoY was also a sizable acceleration in the decline.

Source: Bloomberg

This slide has occurred as mortgage rates have plunged…

Source: Bloomberg

But, given the lags in Case-Shiller data, there is an argument that the de-growth in prices could be about to stall (even though that’s not what we saw in early 2016).

New York City saw a decline in prices in June.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!