Home prices jumped nearly 20% in February, but slowdown may be coming, S&P Case-Shiller says
Home prices jumped nearly 20% in February, but slowdown may be coming, S&P Case-Shiller says
Home prices continued to surge higher in February, but rising mortgage rates may make that kind of growth unsustainable in the months ahead.
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Home prices continued to surge higher in February, but rising mortgage rates may make that kind of growth unsustainable in the months ahead.
Home prices continued to surge higher in February, but rising mortgage rates may make that kind of growth unsustainable in the months ahead.
Price gains in Charlotte's housing market jumped 25.5% in February over the previous year, according to the latest S&P CoreLogic Case-Shiller index, reaching yet another high.
Price gains in Charlotte's housing market jumped 25.5% in February over the previous year, according to the latest S&P CoreLogic Case-Shiller index, reaching yet another high.
First American economist cautions that the last two years were the exception, not the rule, and the market is adjusting to a not-so-new normal.
First American economist cautions that the last two years were the exception, not the rule, and the market is adjusting to a not-so-new normal.
The Southern California median home price fell slightly in July from a month earlier, an indication home values may have peaked and will head lower from here. The six-county regionโs median sales price clocked in at $740,000 last month, 1.3% below Juneโs level, according to data released Wednesday by real estate firm DQNews. Although the median can fluctuate month to month, Julyโs numbers mark the third straight month prices failed to increase amid a broad housing slowdown sparked by ris...
The Southern California median home price fell slightly in July from a month earlier, an indication home values may have peaked and will head lower from here. The six-county regionโs median sales price clocked in at $740,000 last month, 1.3% below Juneโs level, according to data released Wednesday by real estate firm DQNews. Although the median can fluctuate month to month, Julyโs numbers mark the third straight month prices failed to increase amid a broad housing slowdown sparked by ris...
Rising mortgage rates did not slow down rising home prices in March. Nationally, home prices were 20.6% higher than they were in March 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. That is higher than the 20% gain in February. The index is a three-month running average ending in March. The average rate on the 30-year fixed mortgage stood at 3.29% at the start of January and ended March at 4.67%, according to Mortgage News Daily. The Case-Shiller's 10-city composite rose 19...
Rising mortgage rates did not slow down rising home prices in March. Nationally, home prices were 20.6% higher than they were in March 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. That is higher than the 20% gain in February. The index is a three-month running average ending in March. The average rate on the 30-year fixed mortgage stood at 3.29% at the start of January and ended March at 4.67%, according to Mortgage News Daily. The Case-Shiller's 10-city composite rose 19...
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.8% annual gain for February, 2022, the third-highest reading in 35 years of their history.ย Their 10-City Composite annual increase came in at 18.6% and their 20-City Composite posted a 20.2% year-over-year gain. โThe macroeconomic environment is evolving rapidly and may not support [...]
The post S&P CoreLogic Case-Shiller Index Shows 19.8% Annual Home Price Gain in February โ22 appeared first on Real Estate In...
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.8% annual gain for February, 2022, the third-highest reading in 35 years of their history.ย Their 10-City Composite annual increase came in at 18.6% and their 20-City Composite posted a 20.2% year-over-year gain. โThe macroeconomic environment is evolving rapidly and may not support [...]
The post S&P CoreLogic Case-Shiller Index Shows 19.8% Annual Home Price Gain in February โ22 appeared first on Real Estate In...
Analysis and Data
CoreLogic: Home Prices In May Up 20% From Last Year
Sarah Wolak
Jul 05, 2022
Marks the 16th consecutive month of double-digit price increases.
KEY TAKEAWAYS
Home prices increased by 1.8% in May 2022 compared with April 2022.
Large cities continued to experience price ...
Analysis and Data
CoreLogic: Home Prices In May Up 20% From Last Year
Sarah Wolak
Jul 05, 2022
Marks the 16th consecutive month of double-digit price increases.
KEY TAKEAWAYS
Home prices increased by 1.8% in May 2022 compared with April 2022.
Large cities continued to experience price ...
Home prices are still higher than they were a year ago, but gains are shrinking at the fastest pace on record, according to one key metric, as the housing market struggles under sharply higher interest rates. Prices in August were 13% higher nationally compared with August 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. That is down from a 15.6% annual gain in the previous month. The 2.6% difference in those monthly comparisons is the largest in the history of the index, whic...
Home prices are still higher than they were a year ago, but gains are shrinking at the fastest pace on record, according to one key metric, as the housing market struggles under sharply higher interest rates. Prices in August were 13% higher nationally compared with August 2021, according to the S&P CoreLogic Case-Shiller Home Price Index. That is down from a 15.6% annual gain in the previous month. The 2.6% difference in those monthly comparisons is the largest in the history of the index, whic...
MBAโs new monthly index tracks what homebuyers can afford based on application data.
MBAโs new monthly index tracks what homebuyers can afford based on application data.
Home prices in June were 18% higher than during the same month last year, according to the S&P CoreLogic Case-Shiller Indices. That's a weaker pace than in May of this year, which showed an 19.9% annual gain. The 10-city composite rose 17.4%, down from 19.1% in the previous month. The 20-city composite was 18.6% higher year over year, down from 20.5% in May. Of the 20 cities, Tampa, Florida, Miami and Dallas saw the highest year-over-year pace in June, with increases of 35%, 33% and 28.2%, respe...
Home prices in June were 18% higher than during the same month last year, according to the S&P CoreLogic Case-Shiller Indices. That's a weaker pace than in May of this year, which showed an 19.9% annual gain. The 10-city composite rose 17.4%, down from 19.1% in the previous month. The 20-city composite was 18.6% higher year over year, down from 20.5% in May. Of the 20 cities, Tampa, Florida, Miami and Dallas saw the highest year-over-year pace in June, with increases of 35%, 33% and 28.2%, respe...