Tag Archive for ‘house prices’

High End New Homes

In 2015, a total of 1,762 homes were started for sale with a price of $1 million or more according to the Census Bureau’s Survey of Construction. New homes started for sale with a price of $ 1 million or more decreased as a share in absolute number in 2015. That number was significantly lower than in 2013 (3,347 homes) and… Read More ›

Home Prices in June – Upward Trend

The Case-Shiller (CS) National Home Price Index, reported by S&P Dow Jones Indices, continued its upward trend in June. The index rose at a 2.5% seasonally adjusted annual pace, faster than the 1.6% in May. House prices declined at the fastest pace in late 2008 as the housing bust approached its trough. Most of the time between 2007 and 2011,… Read More ›

New House Price Data Show Why Costs Are a Problem

New data released by the U.S. Census Bureau and the Department of Housing and Urban Development provide strong evidence that the costs of producing new housing are making it difficult to impossible to build homes for a significant part of the U.S. housing market. At the beginning of June, the Census Bureau traditionally releases data about the Characteristics of New… Read More ›

Home Prices in January – Approaching Long-Term Trend

S&P Dow Jones Indices reported that the Case-Shiller (CS) National Home Price Index slowed to a 6.4% seasonally adjusted annual growth rate in January, from 8.8% in December. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate of 6.7% in January, following 5.7% in December. Surging sales of existing homes as… Read More ›

FHFA and S&P/Case-Shiller Home Prices in November

Recently, S&P Dow Jones Indices and the Federal Housing Finance Agency (FHFA) released their home price indexes for November. The Case-Shiller (CS) National Home Price Index, reported by S&P Dow Jones Indices, rose at a 10.9% seasonally adjusted annual pace in November. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate… Read More ›

Consumer Confidence in December – Beyond the Monthly Volatile Data

Consumer confidence improved in December after the previous two months declines. The Consumer Confidence Index, recently released by the Conference Board, rose to 96.5 in December from 92.6 in November. Both subcomponents, the present situation and expectations indices, rebounded in December as well. The present situation index rose to 115.3 in December from 110.9 in November; the expectations index climbed… Read More ›

Home Prices in October — Moving Toward the Trend Line

The Case-Shiller (CS) National Home Price Index, released by S&P Dow Jones Indices, rose at a seasonally adjusted annual rate of 11.0% in October. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate of 6.0%. Both indexes show monthly volatility but the trend has been relatively flat over 2014 and 2015…. Read More ›

Home Price Appreciation in September

S&P Dow Jones Indices and the Federal Housing Finance Agency (FHFA) recently released their home prices indexes for September, respectively. The Case-Shiller (CS) national house price index accelerated to a 10.4% seasonally adjusted annual pace in September while the price index from the Federal Housing Finance Agency (FHFA) rose at a 9.5% pace. A surge in sales pushed existing house… Read More ›

Home Prices in August – Moving Toward Normal

S&P Dow Jones Indices released the August results for the S&P/Case-Shiller (CS) house price index. The index shows that house price appreciation accelerated to a seasonally adjusted annual growth rate of 5.4% in August, continuing its recovery from a late spring/early summer slowdown. After recovering from the boom and bust, the growth rate of the CS price index climbed back… Read More ›