Eye On Housing
The S&P Case-Shiller Home Price Index was released with data through November, and the press release announced declines in the 10-city and 20-city composites, as well as most of the cities covered by the composites, on a monthly and annual basis. The problem is that these comparisons lack the perspective required to accurately describe current conditions, or to help inform… Read More ›
Tag Archive for ‘house prices’
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 ›