Eye On Housing
Pending home sales bounced back in March, after a minor slip in February. The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on signed contracts. The PHSI rose 3.8% from 101.9 in February to 105.8 in March, but was still 1.2% below the level one year ago, marking the fifteen… Read More ›
Nationally, home price appreciation continued in August. Based on a seasonally adjusted annual growth rate, home prices in Seattle, New York and San Diego declined faster in August than in July. Home prices in New York has decreased for the fifth consecutive month. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at… Read More ›
The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 8.4% in November, unchanged from October. In the first eleven months of 2017, home price appreciation was 6.0% on average, slightly higher than 5.3% of 2016. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose… Read More ›
S&P Dow Jones Indices reported that the Case-Shiller U.S. National Home Price Index, which uses prices of existing homes, rose at a seasonally adjusted annual growth rate of 8.4% in October, slightly slower than the 8.5% increase in September. The September increase was revised down from its original estimate of 9.0%. Meanwhile, the Home Price Index, released by the Federal Housing… Read More ›
The Financial Accounts of the United States for the third quarter of 2017 were published by the Board of Governors of the Federal Reserve System recently. On a nominal and not seasonally adjusted basis, the aggregate market value of households’ real estate continues to improve. In nominal terms, households’ owner-occupied real estate increased to $24.2 trillion in the third quarter… Read More ›
National home price appreciation continued in September, while local home prices grew at different rates. All of the 20 metro areas had positive annual growth rates. The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 9.0% in September, faster than an 8.2% increase in August. It was… Read More ›
The S&P/Case-Shiller and the Federal Housing Finance Agency (FHFA) released their respective home price indices for August 2017. National home prices rose at a faster annual growth rate, while local home price gains varied. Price growth in metro areas across the West region exceeded the national average. The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices,… Read More ›
The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 4.4% in June, faster than the 3.2% in April and the 3.7% in May. Home prices in nominal terms reached a new high and were 3% higher than the pre-recession peak. House price appreciation continued and averaged 4.5%… Read More ›
In May national home prices rose slowly, while the pace of gains varied by market. The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 2.6% in May, the slowest rate of growth in the past 11 months. After reaching 8.7% in November 2016, house price appreciation has… Read More ›
The S&P/Case-Shiller and the Federal Housing Finance Agency (FHFA) released their respective home price indices for April. National home prices increased at a more moderate annual growth rate, while local home price gains varied. The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 2.0% in April, down… Read More ›