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by Calculated Threat on 10/06/2025 09:52:00 AM
Right this moment, within the Actual Property E-newsletter: October ICE Mortgage Monitor: “House Costs Agency” in September, Up 1.2% 12 months-over-year
Transient excerpt:
Home Costs Up 1.2% 12 months-over-year
Right here is the year-over-year in home costs based on the ICE House Value Index (HPI). The ICE HPI is a repeat gross sales index. ICE stories the median value change of the repeat gross sales. The index was up 1.2% year-over-year in September, up from 1.0% YoY in August.
• Annual dwelling value progress re-accelerated in early September following eight consecutive months of slowing ‒ rising to +1.2% from a revised +1.0% in August – as falling stock met improved affordability from easing mortgage charges
• On a seasonally adjusted foundation, costs rose by +0.17% within the month, equal to a seasonally adjusted annualized fee (SAAR) of +2.1%, suggesting the annual dwelling value progress fee could tick modestly larger in coming months
• The majority of the firming occurred amongst single household residences, that are up +1.5% from the identical time final 12 months, a rise from +1.3% in August
• The condominium market stays gentle, with costs down -1.8% from the identical time final 12 months, a modest enchancment from -1.9% in August
• Solely 20% of markets noticed costs fall on a seasonally adjusted foundation in September, the fewest in 9 months and down from 55% simply two months prior
There may be far more within the article.
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