Case-Shiller home prices continue to lag inflation in August
Home prices gained 2.1% YoY while CPI inflation was 3.4%, and only 2 metros posted monthly gains
New home sales muddle through ‘choppy and challenging’ market
September new-home price averaged $400,000, and months’ supply inched lower to 8.4 despite weaker buyer traffic
Why home prices and new home sales aren’t as hot as today’s reports show
Case-Shiller rose 2.1% YoY in August, while September new home sales ran 676,000, with builder buydowns still shaping demand
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