In the 19 largely West Coast markets tracked by the Redfin online brokerage, both home prices and sales dropped slightly in October. But Redfin says no need to worry. Read More »
Market Analysis
Home Price Increases Seen Falling to 4.3 Percent in 2014
Home price increases will end up at 6.7 percent year-over-year before slowing to roughly 4.3 percent next year, on average, and eventually falling to 3.4 percent by 2018, a panel of more than 100 forecasters concluded. Read More »
CoreLogic: September Prices Up 12 Percent
The CoreLogic Pending Home Price Index indicates that October home prices are expected to rise by 12.5 percent on a year-over-year basis and rise by 0.1 percent on a month-over-month basis from September. Read More »
First Timers Fade Away
The overall market share of single buyers declined from 32 percent in 2010 to 25 percent in both 2012 and 2013. First-time home buyers slipped to a 38 percent market share in the past year from 39 percent in a preview of NAR’s 2013 Profile of Home Buyers and Sellers. Read More »
Case-Shiller: Prices Slowing to 5.4% Appreciation
Home prices increased by 10.1 percent in the second quarter of 2013 compared to a year ago and prices nationwide are now 16 percent above the trough, reached in the fourth quarter of 2011, but still remain 24 percent below the peak, reached in the first quarter of 2006. Read More »
August Prices Rise to 12.8 Percent Over 2012
S&P Dow Jones Indices released for its S&P/Case-Shiller1 Home Price Indices showing that the 10-City and 20-City Composites increased 12.8% year-over-year. Compared to July 2013, the annual growth rates accelerated for both Composites and 14 cities. Read More »
Pricier Properties Lead the Recovery
More than 11% of homes sold over the past 12 months had a sales price over $500,000, sales growth was highest among homes in above-median-priced categories not entry level starter homes according to a new analysis by an economist at the National Association of Realtors. Read More »
September Demand Was Strong Despite Rate Hikes
Despite fears that higher mortgage rates could cripple a recovering housing market, the vital signs for housing remained remarkably good in September, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. Read More »
Stabilizing September Prices and Inventories Build Market Equilibrium
In September, inventories have returned to levels of a year ago and the buying season ended with the greatest price gains seen in years, according to realtor.com’s September trend report. Read More »
August Prices Show Recovery to be Uneven
The latest FNC Residential Price Index shows continued growth of August home prices as the U.S. housing recovery remains well underway but uneven results in markets across the nation Read More »