US Home Prices Accelerated To New Record High In December (Except Tampa Again!) For the second straight month, US home prices accelerated YoY in December (according to the latest data from S&P Global’s Case-Shiller Index). The 20-City Composite saw prices jump 0.5% MoM (faster than expected and the biggest jump since June) and accelerating MoM for the 3rd straight month… Source: Bloomberg But, Tampa prices continue to tumble.. In fact, Tampa prices are at their lowest since Sept 2023… Arguably, (lagged) mortgage rates dipped during that period (positive short-term for the highly smoothed and lagged Case Shiller series), but as… — Continue at ZeroHedge News : Read More
