CalculatedRisk Newsletter β’ 28 implied HN points β’ 30 Jun 25
- The Freddie Mac House Price Index dropped by 0.23% in May but is still up 2.2% compared to last year. This shows that while prices are currently declining, there has been some growth over the past year.
- Florida and Texas are experiencing significant price declines, with 17 out of the 30 cities with the biggest drops located in these states. This trend indicates that real estate markets in these areas are facing challenges.
- Overall, 31 states and Washington D.C. have seen house prices fall since their peak. With inventory increasing and low sales, housing price growth may slow down even more in the future.