Tag Archive for ‘house prices’

House Price Reports for February – Too Close To Call

Both S&P/Case-Shiller (CS) and the Federal Housing Finance Agency (FHFA) released monthly home price indexes for February today. The FHFA released data for the US and the 9 Census divisions, based strictly on February transactions. CS released data for their 10 and 20 city composites, and the component cities, based on three month averages including data from December through February…. Read More ›

Case-Shiller House Prices – A Tale of 20 Cities

The S&P Case-Shiller Home Price Indexes were released today with data through January for the 10 and 20 city composites (and component cities). The national index, which is calculated quarterly, and the Charlotte, NC metropolitan area, due to delays in data reporting, were not included in the release. The composites were both down 0.8 percent from December, according to the… Read More ›

FHFA Home Price Movement Mixed in January

The Federal Housing Finance Agency (FHFA) released monthly home price indexes for the US and the 9 Census divisions for January. Home prices for the US overall were essentially flat, with no change from December on a seasonally adjusted basis, and a 0.5 percent decline unadjusted. Prices are down slightly, 0.7 percent since last January, both adjusted and unadjusted. The… Read More ›

Affordability Pyramid Shows Most Americans Only Qualify for Lower-Priced Homes

The Census Bureau’s American Community Survey (ACS) provides detailed data on the income distribution of US households. The NAHB Priced Out Model translates the income data into the distribution of homes that US households can afford and allows generating the Housing Affordability Pyramid. The pyramid shows how many households in the United States can afford homes in various price ranges. At the… Read More ›

Case-Shiller House Prices – Where You Live Matters

The S&P Case-Shiller Home Price Index was released today with data through December. In addition to the monthly 10 and 20 city composites (and component cities), today’s release included the national index which is calculated quarterly. The national index and the two composites were down and the press release was gloomy with talk of new lows and possible further declines… Read More ›

FHFA Shows Home Price Improvement Broadly Distributed Geographically

The Federal Housing Finance Agency (FHFA) released monthly home price indexes for the US and the 9 Census divisions for December, and quarterly home price indexes for the 50 states, the District of Columbia, and metropolitan statistical areas for the fourth quarter of 2011. The extensive geographic coverage provided by FHFA is a huge improvement over other house price indicators,… Read More ›

Improving Markets Index: Cincinnati, OH-KY-IN MSA

NAHB recently unveiled an index that tracks housing markets on the mend, the NAHB/First American Improving Markets Index (IMI).  The IMI is intended to draw attention to the fact that housing markets are local and that there are metropolitan areas where economic recovery is underway.  The index measures three readily available monthly data series that are independently collected and are… Read More ›

House Prices Continue to Grow, with Modest Gains in the Third Quarter

House prices continued to improve in the third quarter, with both major indexes achieving modest gains. The Federal Housing Finance Agency’s purchase only house price index (HPI) rose 0.7% (NSA) and the Case-Shiller U.S. National HPI inched up 0.1% (NSA) from its second quarter level. While both indexes were lower than their third quarter 2010 level, the annual rates of… Read More ›