Eye On Housing
National home prices rose at a slower pace in June while local home price gains varied. Home prices in New York, Detroit and Chicago declined. The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 3.8% in June, similar to the annual growth rate in May. It was… Read More ›
National home price appreciation grew faster in May as eleven metro areas experienced an acceleration in price growth. Two metro areas, New York and Detroit, typically considered higher house price areas, recorded outright declines in house prices. The Case-Shiller U.S. National Home Price Index, released by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 4.9%… Read More ›
National home price appreciation rose at a slower pace in April as more than half of metro areas experienced a deceleration in price growth. However, since 2014, deceleration in price growth nationwide has been followed by a re-acceleration. Nevertheless, three metro areas, New York, San Francisco, and Washington D.C., typically considered higher house price areas, recorded outright declines in house… Read More ›
National home price appreciation rose at a slower pace in March as most metro areas experienced a deceleration in price growth. S&P Dow Jones Indices released the Home Price Index for March. The Case-Shiller U.S. National Home Price Index rose at a seasonally adjusted annual growth rate of 5.4% in March, slower than the 6.8% increase in February. The purchase-only… Read More ›
In February, national home price appreciation continued, but at a slower pace than last month. Meanwhile, among all 20 metro areas which are covered by under the S&P/Case-Shiller Home Price Index, only Washington DC recorded growth that lagged the nationwide rate of appreciation. The S&P/Case-Shiller Home Price Indices released for February 2018 indicated that home prices nationwide, the National Home… Read More ›
In the first month of 2018, national home price appreciation continued, but at a slower pace than in December 2017. Meanwhile, more than half of the 20 metro areas had higher home price appreciation than the national level. S&P Dow Jones Indices released the Home Price Index for the first month of 2018. The Case-Shiller U.S. National Home Price Index… Read More ›
National home price appreciation continued in December, while local home prices grew at different rates. All of the 20 metro areas had positive annual growth rates in the last month of 2017. S&P Dow Jones Indices released the Home Price Index for December 2017. The Case-Shiller U.S. National Home Price Index rose at a seasonally adjusted annual growth rate of… Read More ›
The S&P CoreLogic Case-Shiller (CS) US Home Price Indices for December were released today. The national index reached a new high for the month of December and the fourth quarter, but trailed slightly in 2016 overall. The annual average in 2006 was 183.45, slightly ahead of 181.34 in 2016. The annual pace of house price appreciation reaccelerated to 5.2% in… Read More ›
The monthly NAHB/Wells Fargo Housing Market Index includes a set of “special” questions on a topic of current interest to the housing industry. In December 2016, the special questions asked builders about the problems they faced in 2016 and expect to face in 2017. Topping the list of problems builders faced in 2016 and expect to face in 2017 is… Read More ›
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 ›