By Brena Swanson | HousingWire
The housing market is teetering on the edge of becoming a stable market again, according to the latest Multi-Indicator Market Index from Freddie Mac.
The national MiMi value increased to 80.3, indicating a housing market that is on its outer stable range, while showing an improvement of 1.33% from May to June and a three-month improvement of 2.26%.
On a year-over-year basis, the national MiMi value has improved 5.41%.