Sorry for the Meatloaf reference…
Anyway, here’s an economist who finds it interesting that the CoreLogic and FHFA home price indexes both show year-over-year increases nationwide, but the benchmark Case-Shiller isn’t there yet. He expects that to change when they report July numbers (don’t look for it for some weeks yet).
Remember: Case-Shiller uses a 3 month weighted moving average. That does make it a lagging indicator.