Tick tick tick

From Mortgage News Daily:

Home Prices Fell More Than Expected in April

Both the FHFA and Case‑Shiller home price indices were released today. While the data collection time frame is from April, they each suggest a similar shift is underway when adjusting for seasonality. Specifically, if we ignore seasonality, prices rose.  If we don’t, they were down 0.4% from March.

FHFA House Price Index (seasonally adjusted, MoM)

  • April: −0.4%; March was revised from −0.1% to 0.0%
  • YoY: +3.0% from April 2024 to April 2025

Monthly figures varied regionally: the West South Central and South Atlantic divisions posted the steepest falls (−1.3%), while the Middle Atlantic rose +1.2%. All nine divisions remain positive YoY (ranging from +0.5% to +7.4%).

The 0.4% drop is in line with slower spring momentum—not drastic, but a continued cooling from prior gains. The upward revision in March helps to offset April’s declines to some extent.


Case‑Shiller National Index (unadjusted)

  • YoY: +2.7% in April, down from +3.4% in March
  • MoM (raw): +0.6%
  • MoM (seasonally adjusted): −0.4%

This marks the smallest annual national gain since mid‑2023—further evidence of continued deceleration.

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68 Responses to Tick tick tick

  1. Fast Eddie says:

    Frist

  2. Fast Eddie says:

    Chicago,

    Hat tip for that very worthwhile link in the last post.

  3. BRT says:

    the irony of Mamdani is that his most popular video was to bring Halal Chicken platters down to $8 by eliminating the permit rent seeking system that exists to sell food. Socialist promoting free market solutions.

    https://x.com/ZohranKMamdani/status/1878853557111414795

  4. Fast Eddie says:

    …while the Middle Atlantic rose +1.2%

    If the 30 year rates drop 100 basis points minimum, it will create a frenzy of buying, selling, price wackiness and overall mayhem.

  5. 3b says:

    I leave for a week and come back and see Mandami the Socialist is the nominee for Mayor. I guess people in NYC learned nothing after Di Blasio. According to The NY Times it was a lot of young college educated NY ers that voted for him. He did not do all that well with the lower income people he was appealing to.

    Mortgage foreclosure counselor to assembly man to potentially mayor of NYC. No experience necessary, just like AOC. Even The NY Times said Zoran was uniquely unqualified to be Mayor of NYC.

  6. RentL0rd says:

    8:05,

    Are you upset there is halal chicken?or the cost of a chicken plate is down? That you don’t get to enjoy it? That you don’t like chicken? That it helped tens of thousands of newyorkers with a bit more pocket money?

    What are you upset about?

  7. VSG says:

    Poorly educated votes against their self interest.
    voted for Trump, voted for Cuomo

  8. VSG says:

    no surprise there. working class for Techno Feudalism

  9. White Trash Eddie says:

    The failure of some on this board to assess the view from 50,000 feet is remarkable. I would say it’s painful to live a soup du jour existence but they don’t even know it. G0d, that’s even more painful than a total lack of insight.

  10. VSG says:

    poorly educated also seems to have a sweet spot for sexual harassers

  11. White Trash Eddie says:

    9:28,

    Speaking of poorly educated, I notice you have a lot of grammar errors when you post.

  12. 3b says:

    So Mandami s solutions to the high cost of living in NYC is even higher taxes and regulations that created many of the problems in the first place.

  13. 3b says:

    VSG: You seem to have contempt for the so called poorly educated, and believe that only the college educated elites opinions matter. As for the young people that voted for Mondami, are they highly educated or highly indoctrinated. Full blown socialism as an economic model is a failure. History has shown that.

  14. njtownhomer says:

    he is literally trying to reduce the regulations (the permit application downscales, allowing fast track approvals etc). Also reducing the regulations in homebuilding that caused housing supply shortage. He discusses that.

    Unlike Cuomo who had minor experience other than professionally acting like one, he has genuine solutions and ideas if you dare to listen.

    They are going to slap communist control act on him and this race will turn into a class warfare. Read Ackman a little bit. Then his chances would be higher imho.

  15. White Trash Eddie says:

    Crackett for President, AOC for VP and Mandummi for mayor.

    “Ms. Crockott: Tell us about a high-performing team that you’ve built. What are the most important principles you’d follow in governing and leading your senior White House team?”

    “Don’t be asking me that high faluten, sorry-ass, motherfucking shit, y’all. Baby girl don’t play that way. Y’all better check that attitude, y’all.”

  16. RentL0rd says:

    9:38 – Higher taxes for those making >$1 M per year, and when landlords own multiple rental properties. Are you one of them? If not you are a fool for not wanting more money from the rich for public transport and other welfare that will improve nyc lives.

    9:38 – oooh we have a grammar nazi here! I thought your were just a regular nazi. how can you evwn talk about grammar when you voted for one with no language skills?

  17. Gary says:

    Nothing can match the level of ineptitude and graft that is currently destroying the Country. This is undeniably the most incompetent and corrupt administration ever.

  18. 3b says:

    Njtownhome: I think you should read again what his plans for housing are, and also review the NYS housing bill from 2029, and the impact it had on housing costs in NYC. As I noted NYC had 8 years of Di Blasio, and the city was a mess. As for Cuomo , don’t like him, but he was at least a former Governor of NY, so at least some executives/ managerial experience.

  19. Chicago says:

    Does not fit narrative; must suppress.

    ADVERTISEMENT

    “[But] considering the damage to Iran’s three known enrichment facilities, the destruction of Iran’s centrifuge manufacturing capabilities, its uranium conversion facility, uranium metal production plant, and other facilities involved in its nuclear weaponization process, reconstituting these capabilities will take significant time, investment, and energy to return to its previous state before the war or build nuclear weapons. Iran has likely lost close to 20,000 centrifuges at Natanz and Fordow, creating a major bottleneck in any reconstitution effort.”

    The full battleground assessment is still to come, but Iran is on notice that any further attempts to get its hands on nuclear weapons will be met with further strikes.

    What’s most intriguing about this saga is the media’s complicity with rogue elements of the intelligence community in the ongoing treasonous sabotage of Trump’s presidencies.

  20. Chicago says:

    Mamdani: I grew up in a rent stabilized apartment in NYC. Straight up; NYC rentals are unaffordable BECAUSE of rent control/rent stabilization. The entire market is distorted and hopelessly intractable.

    Any person stating otherwise is incompetent or willfully ignorant.

  21. Chicago says:

    Ten 425

  22. RentL0rd says:

    10:00 – The world would have taken the mission against Iran’s nuclear facilities more seriously and at face value if –

    1) It was the “West” against “Iran” and not the “US against Iran”. Know the difference? Let me explain – In Iraq and other missions, the US informed our allies’ intelligence agencies before the operation.

    2) It was also “Trump with bibi against Iran” as opposed to the US against Iran.
    Trump did not include ranking members of the senate intelligence community before going ahead. Heck, he did not even include the director of intelligence in the mission and she was nowhere near the photo op even after the operation.

    3) #1 and #2 would be a smart thing to do – because if things went horribly wrong – as it could have, we would have everyone’s support. But then our lives and the country’s prestige has been put on the line with lack of foresight and real strategy.

    So, now with the so much of showman ship and salesy talk folks are confused. There are conflicting reports.. with Trump saying “obliterated” while the head of CIA saying “damaged”… which are two very different things.

    Now, you cannot accuse someone of being unpatriotic just because they seek the truth and want to hold our leaders to higher values. And for the street dweller like you to back all the jingoism shows your stupidity.

  23. Juice Box says:

    BRT – They are lying.. Chicken and rice will never be $8..

    Estimated 20,000 mobile food vendors operating across the five boroughs, an estimated 75% do so without a license or permit. They charge $10 cash for chicken and rice and pocket that cash. City Sales Taxes 8.875% collected nope, and permit to sell nope? City only issues new 400+ permits a year….corporation tax paid nope. personal income tax paid nope..

    Cash is king…

  24. Chicago says:

    “And for the street dweller like you to back all the jingoism shows your stupidity.”

    Unnecessary condescension.

    The rest of it sounds plausible in the ivory tower, but the possibility of leaks and sabotage render the above advice as AT BEST impractical, but more likely lethal failure. .

  25. RentL0rd says:

    10:21 – classic diversion.

    Now, you pivoted from halal certification to something else. So much morality when it comes to small guys, but everything is a pass for the guys at the top. Also, no proof for anything you say, while there is plenty of proof for the grift at the top.

  26. RentL0rd says:

    10:24 – your comments are clearly jingoistic. Textbook definition.

    Also:

    stupid /stoo͞′pĭd, styoo͞′-/
    adjective
    Tending to make poor decisions or careless mistakes.

    You are saying don’t follow process and best practices because of urgency – when there was no urgency.

  27. OC1 says:

    Unfortunately, Trump has replaced a lot of professional, non-partisan intelligence officials with loyalist hacks, so any conclusions drawn by our intelligence agencies are now suspect.

  28. White Trash Eddie says:

    …so any conclusions drawn by our intelligence agencies are now suspect.

    “I’ll take the ‘O’biden administration’ for $1,000, Alex.”

  29. BRT says:

    to be fair, he was proposing just adding more licenses, which I agree with.

  30. BRT says:

    Are you upset there is halal chicken?or the cost of a chicken plate is down? That you don’t get to enjoy it? That you don’t like chicken? That it helped tens of thousands of newyorkers with a bit more pocket money?

    What are you upset about?

    lol how do you even pivot to this post from what I posted? You have serious reading comprehension issues (trust me, I assess them for a living). You’re right though, I am upset anyone would order Halal Chicken over Lamb.

  31. OC1 says:

    “I’ll take the ‘O’biden administration’ for $1,000, Alex.”

    Dumb response.

  32. Dark Phoenix says:

    Car dealer, NJ, rips off lady. News video online. This is one comment under the video. Where is our government to help? What are they all doing?

    I am a retired State Dept of Labor employee (not NJ) and I will tell you exactly what happens here. The scammers have stole their money. They will declare bankruptcy , go to court, the judge will fine them and order them to make restitution, the people they cheated won’t see a penny, their cars will be repossessed and the scammers will open up under a new business name with “front” people as owners and continue the scam. I know you didn’t want to hear this, but seen it a few times, especially in the home improvement and construction businesses.

    2

  33. Chicago says:

    Why do we always have an alpha troll on these threads?

    Finally, Pumps effectively bails, then he is just instantly replaced by RentLord.

    Why can’t we have peace?

  34. White Trash Eddie says:

    Why can’t we have peace?

    I’d like to see the world for once
    All standing hand in hand
    And hear them echo through the hills
    For peace through out the land.

  35. VSG says:

    No contempt at all. But they vote against their self interest.

    Only Maga talks about Full Blown socialism. I don’t see anyone in here talking about Socialism other than maga.
    And there are people like Jim who love Marxist universal healthcare for the 65 and older.

    3b says:
    June 26, 2025 at 9:42 am
    VSG: You seem to have contempt for the so called poorly educated, and believe that only the college educated elites opinions matter. As for the young people that voted for Mondami, are they highly educated or highly indoctrinated. Full blown socialism as an economic model is a failure. History has shown that.

  36. Chad Powers says:

    NYC is likely to continue bleeding high tax payers. They are circling the drain now.

  37. VSG says:

    Zohran: “Baby baskets to newborns”

    Pro life party: “ that’s full blown socialism!”

  38. White Trash Eddie says:

    Zohran: “Baby baskets to newborns”

    Unless you prefer to have the baby bludgeoned to death as it’s ripped from the womb which will save everyone much money. A win win, I tell you. Money saved and a woman’s “reproductive rights” acknowledged.

  39. White Trash Eddie says:

    I don’t see anyone in here talking about Socialism other than maga.

    That’s because leftist progressives don’t want to talk about things that stir up their guilt.

  40. White Trash Eddie says:

    And there are people like Jim who love Marxist universal healthcare for the 65 and older.

    Don’t worry. Chances are you won’t make it to 65. Getting rammed up the ass repeatedly can cause massive hemorrhaging, I presume.

  41. RentL0rd says:

    ^ And people say I’m the troll. lol

  42. 3b says:

    VSG: Well, I think you do,, and it is evidenced by your comment that they vote against their self interest, which is you saying you know what is best for them. I can just as easily say, that all the foolish young people that voted for Mondami are voting against their self interest. If Mondami raises taxes as he is promising to pay for all of his policies, that will cause companies to flee NYC, and take the jobs with them. NYC is already heavily taxed and heavily regulated, more taxes will just cause more companies to leave.

  43. 3b says:

    Zoran says Israel has a right to exist, but wont say Israel has a right to exist as a Jewish state. I assume he will be pressed further on that as election day gets closer.

  44. 3b says:

    I don t think the baby baskets are a bad idea, not that women are having all that many children today.

  45. Very Loose Anus says:

    BREAKING:

    President Trump’s tariffs are pouring billions more into US coffers in June, putting the revenue supplied by importers on pace for another monthly record.

    The latest measure of government receipts for “Customs and Certain Excise Taxes” stood at more than $26.7 billion for the month of June, according to the Treasury Department’s latest daily statement dated June 24.

  46. Very Loose Anus says:

    BREAKING:

    US stocks climbed just points away from record highs on Thursday as the major indexes continued a furious rally.

    The S&P 500 (^GSPC) came just shy from its February record of 6,144.15 to gain 0.8%, closing the session at 6,141.02. The Nasdaq Composite (^IXIC) moved up more than 1%, finishing within a handful of points from its own record.

    The Dow Jones Industrial Average (^DJI) also up roughly 400 points or 0.9%.

  47. RentL0rd says:

    3b, let me spell it out for you M-a-m-d-a-n-i

  48. 3b says:

    Rent: You dismiss the comment about Rep Crockett and her ignorant way of speaking, and yet feel the need to correct me on my slight misspelling of Mamdani s name. Mandani is uniquely unqualified to be Mayor as The NY Times said, and you have zero self awareness.

  49. Ismailis says:

    Crockett is a tough talking Texas. She’d kick your pansy ass 3b count on it.
    We need 10 more of her. 1000 less of you.

  50. grim says:

    They dropped the bunker busters down the ventilation shafts?

    Oh that’s f’ing hilarious. Used the force, they did.

    Even when I’m joking around I’m right, lol.

  51. grim says:

    Was in Nashville earlier this week, flying back from Boulder now.

  52. grim says:

    Didn’t Chi call this one? This is INSANE. Read this.

    https://www.twz.com/air/gbu-57-massive-ordnance-penetrator-strikes-on-iran-everything-we-just-learned

    In 2009, a Defense Threat Reduction Agency officer was brought into a vault at an undisclosed location and briefed on something going on in Iran for security purposes. I’m not going to share his name.”

    “He was shown some photos and some highly classified intelligence of what looked like a major construction project in the mountains of Iran. He was tasked to study this facility, [and] work with the intelligence community to understand it, and he was soon joined by an additional teammate,” Caine continued. “For more than 15 years, this officer and his teammate lived and breathed this single target, Fordow, a critical element of Iran’s covert nuclear weapons program. He studied the geology. He watched the Iranians dig it out. He watched the construction, the weather, the discard material, the geology, the construction materials, where the materials came from. He looked at the vent shaft, the exhaust shaft, the electrical systems, the environmental control systems, every nook, every crater, every piece of equipment going in and every piece of equipment going out.”

    “They literally dreamed about this target at night, when they slept,” he added. “They thought about it driving back and forth to work, and they knew from the very first days what this was for. You do not build a multi-layered underground bunker complex with centrifuges and other equipment in a mountain for any peaceful purpose.”

    “Along the way, they realized we did not have a weapon that could adequately strike and kill this target,” according to Caine. “So they began a journey to work with industry and other tacticians to develop the GBU-57.”

  53. grim says:

    Crazy. 15 years they studied Fordow.

    Recognized that they needed the bomb to destroy it.

    Worked to build it.

    Got to see it used to destroy the target they were studying for 15 years, and specifically designed the munition to destroy it.

  54. 3b says:

    Ismailis: And yet another moronic troll. Crockett is not tough talking , she is just ignorant and an embarrassment. Now go back in your hole you pathetic simp.

  55. Dark Phoenix says:

    Jobs are coming back to America. Jobs for robots that is.🤣🤣🤣

    GE Appliances moves washing machine production from China to Kentucky with $490 million investment

    The redesigned factory will become its most advanced manufacturing plant for clothes washing production, the company said, featuring the latest in automation, robotics and material-handling technologies including automated guided vehicles and autonomous mobile robots.

  56. Ismailis says:

    6:30 eat my bird it’s only a swallow

  57. 3b says:

    Ismailis: Just accept your role as a simp, and run along now.

  58. ExLAX says:

    Kneel before ZOD.

  59. SmallGovConservative says:

    I mean, you literally have to have eaten paint chips as a kid to be a supporter of the modern Dem party. It’s not even fun anymore to troll stooges like Rant and Unstable, knowing that something is wrong with them and that they likely suffered some trauma that causes them to defend the likes of Lamonica McIver, Tampon Tim and commie Mamdani.

  60. RentL0rd says:

    8:29: Ok, boomer.

    Grim 6:02 – we may have blasted fordow, but there are reports there was activity weeks before the bomb drop – as you know, moving stuff out of the mountain.

    The only thing we accomplished is made it harder for real regime change in Iran. The Ayatollah has his version and without a cohesive strategy- Trump has his version while the rest of the world has theirs. All brawn and no brain gets you nowhere.

    What a shit show!

    In the more real world, has anyone tried reaching out to any type of customer service lately? How was your experience? I wanted a simple answer from AT&T. With International day pass (which is $12/day) – which gives you unlimited calling, can you call a Spain number when in Spain without other charges. It took 2 phone calls, and a 1 hour chat before I got an inconclusive answer.

    Amazing times!

  61. MAGASUX says:

    8:29 say goodbye to free vaccines for children. Are we great yet?

  62. Fabius Maximus says:

    eaten paint chips as a kid

    We breathed in a lot of exhaust fumes when we had lead in the gas as kids, so i’m not sure this holds.

  63. Fabius Maximus says:

    Why do we always have an alpha troll on these threads?

    Occam’s Razor, because you keep posting? Simple answers to simple questions!

  64. Fabius Maximus says:

    Best comment I came across today was
    “Hegseth b0mbed that Press Conference, better than he did Iran!”

    “There are conflicting reports.. with Trump saying “obliterated” while the head of CIA saying “damaged”… which are two very different things.”

    The problem is that this administration cant be trusted to tell the truth on anything!

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