Tag Archive for ‘house prices’

U.S. House Prices Climb, But Remain Below Their Pre-Recession Peak

Nationally, house prices continued to rise in the first month of 2013, contributing to the overall recovery in U.S. house prices. According to the most recent release by the Federal Housing Finance Agency, U.S. house prices rose by 0.6% on a month-over-month seasonally adjusted basis in January. This is the twelfth consecutive monthly increase for the index. Over this twelve… Read More ›

Case-Shiller and FHFA House Price Indexes – 2012 Closes With Solid Gains

The Federal Housing Finance Agency (FHFA) and S&P/Case-Shiller (CS) released home price indexes for the end of 2012 today. The monthly FHFA national indexes were up 0.6% for the month (December over November, seasonally adjusted), 1.4% for the quarter (average fourth quarter months over average third quarter months, seasonally adjusted) and 5.9% for the year (December 2012 over December 2011,… Read More ›

Existing Home Sales Dip in December

Existing home sales declined 1% in December, sliding to a seasonally adjusted annualized rate of more than 4.9 million total units.  Nonetheless, data from The National Association of Realtors (NAR) indicate sales remain on an upward trend. The average monthly pace recorded during November and December was at its highest level in three years, while sales increased nearly 13% on… Read More ›

Case-Shiller Monthly House Price Indexes – It’s Time To Talk About Seasonal Adjustment

The S&P/Case-Shiller (CS) monthly home price indexes covering the 10 city and 20 city composites, and the component cities were released today for October. Both the 10 and 20 city composites posted small declines for October over September (both -0.1% on a non-seasonally adjusted basis – S&P’s headline measure), after decelerating from peak growth rates in June. The monthly growth… Read More ›

FHFA House Price Indexes – Progress In 2012

The Federal Housing Finance Agency (FHFA) released monthly home price indexes for October today. The national house price index increased 0.5% from the September level on a seasonally adjusted basis. The index is now 5.6% higher than its low point in March 2011. Most of the gain occurred in 2012. Among the nine Census divisions, seven posted gains for the… Read More ›

FHFA House Price Indexes – Additional Gains In Most Areas

The Federal Housing Finance Agency (FHFA) released monthly home price indexes for August today. House prices nationally increased 0.7% from July levels on a seasonally adjusted basis. This brings the cumulative gain for 2012 to 4.6% after being essentially flat through 2011. Around the country, six of the nine Census divisions posted modest gains in August from July, ranging from… Read More ›

FHFA House Price Indexes – Broad Based Increases

The Federal Housing Finance Agency (FHFA) released house price index results for the second quarter of 2012 today. House prices increased in most parts of the country, both on a quarterly and annual basis, and are at or above pre-boom trend levels in almost three quarters of the states. Today’s release includes monthly house price indexes for the US and… Read More ›