Zillow Case-Shiller Forecast: Slower YoY Price Gains in August compared to July

The Case-Shiller house price indexes for July were released yesterday. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close. From Matthew Speakman at Zillow: July Case-Shiller Results and August Forecast: Summer Turning Point? Annual home price growth continued to cool in July, but more-recent data suggest the market may have begun to turn over the summer, showing modest acceleration in growth compared to earlier in the year. … The latest home sales and building data offer further proof that the recent bout of housing malaise......(read more)

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