Freddie Figures

On a Y-o-Y basis, the Freddie Mac Home Price Index, which includes only loans purchased by Freddie and Fannie and includes appraisals, was up 4% in August, versus 3% in July. Y-o-Y appreciation peaked in 7/21 at 19.1% and annual appreciation bottomed out at 0.9% in 5/23. The four states that have seen the biggest declines from their peak include Utah at -3.8%, Arizona/Hawaii at -3.4%, and Idaho at -3.2%.