The Most Splendid Housing Bubbles in America, April 2024 Update. Biggest Price Drops from 2022 Peak in San Francisco, Seattle, Phoenix, Portland, Denver, Las Vegas, Dallas

The S&P CoreLogic Case-Shiller Home Price Index, released today and dubbed “March,” is a three-month moving average of home prices whose sales were entered into public records in January, February, and March. So that’s the time-frame we’re looking at here. It reflects Rate-Cut Mania that commenced in November and peaked February 13...