Category: Housing Market

Case-Shiller: Home Price Growth Slows in March

Case-Shiller: Home Price Growth Slows in March

May 29, 2019 |

Case-Shiller Indices reported slower home price growth in March with a 3.70 percent gain year-over-year as compared to 3.90 percent home price growth for the year-over-year period in 2018. This was the slowest pace of home price growth in seven years.

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NAHB: May Home Builder Confidence Hits Highest Level in 7 Months

NAHB: May Home Builder Confidence Hits Highest Level in 7 Months

May 16, 2019 |

The National Association of Home Builders reported the highest builder confidence reading in seven months for May. May’s reading exceeded expectations for an index reading of 64 and rose three points to 67.

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Case-Shiller: February Home Price Growth Rate Slowest in 6.50 Years

Case-Shiller: February Home Price Growth Rate Slowest in 6.50 Years

May 9, 2019 |

Home price growth slowed in February according to the Case-Shiller 20-City Home Price Index. Home price growth hit its lowest rate in more than six years; this indicates that the roaring growth of home prices is settling and could provide opportunities for more would-be buyers to enter the housing market.

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NAHB: Home Builder Confidence Rises in April

NAHB: Home Builder Confidence Rises in April

April 18, 2019 |

Home builder confidence increased in April to an index reading of 63, which was one point higher than for March and the highest reading in six months. Analysts said that April’s reading revealed more about housing market conditions in the past six months than it was an indicator of future market conditions.

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Can You Really Buy Off-Planet Real Estate?

Can You Really Buy Off-Planet Real Estate?

April 17, 2019 |

Real estate agents are constantly looking for new listings, which will attract potential buyers. We no longer need to limit our search for good listings to planet Earth because Mars is now for sale.

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Case-Shiller Home Price Growth Slower in January

Case-Shiller Home Price Growth Slower in January

March 28, 2019 |

Home price indices issued by S&P Case-Shiller showed further slowing in home price growth in January. The national home price index showed 4.30 percent home price growth for the three months ended in January. Analysts expected home prices to grow 4.20 percent for the same period in cities surveyed by Case-Shiller. More cities reported declines in home prices than those that posted gains in home prices.

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Case-Shiller: December Home Price Growth Slowest in 4 Years

Case-Shiller: December Home Price Growth Slowest in 4 Years

February 27, 2019 |

Case-Shiller Home Price Indices reported the slowest rate of U.S. home price growth since November 2014. According to the 20-City Home Price Index, Home prices grew by 4.20 percent year-over-year and were 0.20 percent higher in December as compared to November. The 20-City Home Price Index fell short of analysts’ expected gain of 4.80 percent year-over-year. Case-Shiller’s National Home Price Index reported home prices increased 4.70 percent in the fourth quarter of 2018.

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Case-Shiller Home Price Growth Ticks Upward in November Reading

Case-Shiller Home Price Growth Ticks Upward in November Reading

February 7, 2018 |

Home prices increased in November, with national home prices up 0.70 percent month-to-month and 6.20 percent higher year-over year. Case-Shiller’s 20-City Home Price Index rose by 0.70 percent in the three-month period ending in November; nationally, home prices grew 6.20 percent year-over-year.

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NAHB: Home Builder Confidence Drops in January

NAHB: Home Builder Confidence Drops in January

January 24, 2018 |

Homebuilder confidence in housing market conditions dipped two points in January; ongoing challenges including labor shortages and materials costs were cited by the National Association of Home Builders, which provides monthly readings on home builder sentiment. Three component readings of the Housing Market Index declined by one point each. Readings for current sales conditions, housing market conditions for the next six months and for buyer traffic within new single-family housing developments were 79, 78 and 54 respectively.

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Case-Shiller: Home Prices Rise in October

Case-Shiller: Home Prices Rise in October

December 28, 2017 |

According to Case-Shiller national and 20-city home price indices for October, home prices continued to rise. National home prices rose 0.70 percent for the three months ending in October. Year-over-year, national home prices increased by 6.20 percent. The 20-City Home Price Index also rose by 0.70 percent in October and reported a year-over-year increase of 6.40 percent.

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