Eye On Housing
Nationally, house prices continued to rise in March, contributing to the overall recovery currently underway in U.S. house prices. According to the most recent release by the Federal Housing Finance Agency (FHFA), U.S. house prices rose by 1.3% on a month-over-month seasonally adjusted basis in March and 1.9% on quarter-over-quarter basis. This is the fourteenth consecutive monthly rise and the… Read More ›
Tag Archive for ‘house prices’
House Price Growth Is Accelerating
Standard and Poor’s reported that house prices rose in February. According to the most recent release, the S&P/Case-Shiller Home Price Index – 20 City Composite grew by 9.3% on a year-over-year not seasonally adjusted basis. Following 20 consecutive months of year-over-year declines, house prices registered their ninth consecutive year-over-year increase in February. Year-over-year house price growth has been generally widespread…. Read More ›
House Prices Continue Their Ascent
Nationally, house prices continued to rise in February, 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 0.7% on a month-over-month seasonally adjusted basis in February. This is the thirteenth consecutive monthly increase for the House Price Index – Purchase Only. Over this… Read More ›
House Price Increases Widespread
January was the second consecutive month-over-month increase in house prices and the eighth consecutive year-over-year increase. According to the most recent release by Standard and Poor’s, the S&P/Case-Shiller 20-City Composite House Price Index rose by 0.1% on a not seasonally adjusted monthly basis and the 10-City Index rose by 0.2% on a not seasonally adjusted monthly basis. In the 12… Read More ›
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 ›
Case-Shiller House Price Indexes – Phoenix? Really?
The S&P/Case-Shiller (CS) monthly home price indexes for the 10 city and 20 city composites, and the component cities were released last week for August. The usual coverage of this release includes how far up or down the composites are compared to last month and last year, and how many of the component cities are up or down and how… Read More ›