As a reference for long-term house price index trends, below is a chart, updated with the most current data (through June) from the CalculatedRisk blog post of August 30, 2022 titled “Case-Shiller : National House Price Index ‘Decelerated’ to 18.0% year-over-year increase in June“:
I post various indicators and indices because I believe they should be carefully monitored. However, as those familiar with this site are aware, I do not necessarily agree with what they depict or imply.
The Special Note summarizes my overall thoughts about our economic situation
SPX at 3972.16 as this post is written