Freddie Mac: Housing market nearing stability

Housing market

Housing marketBy 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%.

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