FYI: Composite is up 5.35% versus 5.50% expected and 5.75% last month. At left, we show the 3-month annualized rate of change for home prices on a national basis. A shown, while still close to the +10.23% pace recorded last month, price appreciation in the 20-city index has slowed somewhat. NYC metro home prices continue to lag, up 2.85% at an annual pace from November to February, while Seattle home prices continue to rip, up 18.59% annualized for the three month period ending February; that was the same pace as January.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/case-shiller-shows-moderation-in-home-price-growth/
