Talking Points …
- Freddie Mac released its updated Multi-Indicator Market Index (MiMi) showing the U.S. housing market continuing to stabilize with the strongest markets realizing the greatest benefits from a spring home-buying season in full swing.
- The national MiMi value stands at 78.7, indicating a weak housing market overall but showing an improvement of 14 percent from March and April and a three-month improvement of 2.10 percent.
- Since its all-time low in October 2010, the national MiMi has rebounded 33 percent, but it’s still significantly off from its high of 121.7.
- Freddie Mac released its updated Multi-Indicator Market Index (MiMi) showing the U.S. housing market continuing to stabilize with the strongest markets realizing the greatest benefits from a spring home-buying season in full swing.
- The national MiMi value stands at 78.7, indicating a weak housing market overall but showing an improvement of 14 percent from March and April and a three-month improvement of 2.10 percent.
- Since its all-time low in October 2010, the national MiMi has rebounded 33 percent, but it’s still significantly off from its high of 121.7.