U.S. Case-Shiller Index Reverts the Slowdown in July to the Fastest Rate Since 2018

Prices in the lower and medium tier markets rising faster then the highest tier. Los Angeles leads the 20 city index with the largest price appreciations in July. The silver lining here is that owner’s that are experiencing financial hardship or job insecurity from he pandemic with most likely have positive equity in the event that they have to sell after the moratorium on mortgage payments.