Chief Economist David Crowe recaps how well housing did in 2013 and what we should expect in 2014.
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The Case-Shiller indexes of home prices increased again when compared to the previous month or the previous year. Both the 10-city and 20-city seasonally-adjusted (SA) indexes rose 1% and 0.9% respectively from May to June 2012. This is the fifth straight month for steady increases in the SA indexes. Since January, the 10-city and 20-city indexes have risen 3.5% and… Read More ›
The July NAHB/ Wells Fargo Housing Market Index jumped six points to a level of 35. The new level is the highest in more than five years and the largest one-month increase since the recession recovery in 2002. All three components and four regions increased as well. The current sales sub-component rose six points to 37 and the expectations for… Read More ›