The housing market is struggling to maintain momentum as housing prices moderate and mortgage applications fall, Freddie Mac reports in its latest
Multi-Indicator Market Index. In
July, Freddie's MiMi indicator showed that 8 of the 50 states and 11 of
the 50 metros surveyed were on an improving three-month trend. That
marks a stark difference from last year at the same time period, when
every state, plus the District of Columbia, and every metro was on the
improving trend, Freddie Mac reports. The good news is, overall, the housing market continues to improve and is up 5 percent on a yearly basis, See Most Improving States
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