The latest data from the S&P CoreLogic Case-Shiller Home Price Index (HPI) Composite - 20 n.s.a. reveals that housing prices in the United States continued their decline in December 2023. The index showed a decrease of 0.3% compared to the previous month, when it had declined by 0.2% in November 2023.
The Month-over-Month comparison indicates that the downward trend in housing prices is persisting, with December marking another month of decrease. The data was updated on 27 February 2024, reflecting the ongoing challenges in the housing market. With the current indicator showing a further decline, experts are closely monitoring the situation to assess the factors contributing to this trend and its potential impact on the overall economy.
