Derek McGowanLoan Officer / Owner, McGowan Mortgages · Branch Manager & Top-Ranked Mortgage Advisor

Case-Schiller June Report!

7 Oct 2023

Watch on YouTube

This is a YouTube video titled "Case-Schiller June Report!" containing a spoken report discussing the Case-Shiller home price index for June, highlighting a 0.7% monthly increase and an annualized growth rate of 8.4%, with commentary on the housing market and interest rates. The excerpt features a single speaker presenting market data and analysis.

Case. Shiller, which is the gold standard for home values across the country, came out with their June report. They showed that home values are up 0.7% for the month of June alone, right on par with the 0.7% we also gained in May. Now, if you annualize this, that would be 8.4% for the whole entire year. That's a pretty hot year for home values, especially when you consider interest rates haven't even dropped yet. This is.