Three on Thursday - Still a Seller's Market for Housing

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In this week’s edition of “Three on Thursday,” we examine recent trends in the U.S. housing market. On Tuesday, new data on home prices were released: the Case-Shiller Index rose 0.2% in July, up 5.0% from the previous year and reaching an all-time high. Similarly, the FHFA Index increased by 0.1% in July, up 4.6% year-over-year, also hitting record highs. In spite of continued price increases, could we be seeing early signs of a shift towards more affordability?

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Posted on Thursday, September 26, 2024 @ 2:35 PM

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.