Tag Archives: home price index

Markets in the South emerge as big losers in annual home price growth

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Several Southern markets that entered a boom phase during the COVID-19 pandemic are facing a market correction now as home prices continue to normalize. Continue reading →

US home prices see modest annual gains, but lag behind inflation

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The S&P Cotality Case-Shiller Index reported home price gains of 1.9 percent while the FHFA reported nationwide home price gains of 2.9 percent. Inflation sits at 2.7 percent, which still leaves consumers in a sticky situation. Continue reading →

A tale of 2 housing markets as price declines spread to the West

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Prices are holding up in the Northeast and Midwest, but are down from a year ago in more than 70 percent of Western markets and 40 percent of Southern markets. Continue reading →

Slowing price growth still doesn’t open doors for homebuyers

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Home price growth slowed to the lowest level in two years in May. However, market pressures, primarily from elevated mortgage rates, mean buyers are still struggling to afford homes. Continue reading →

Will home sales rebound? Closely watched forecasts say, ‘Yes’

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Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool. Continue reading →

Higher rates aren’t stopping homebuyers from bargain hunting

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Purchase loan requests are up 3 percent from a week ago and 22 percent from last year even as mortgage rates climb to highest level in four weeks, Mortgage Bankers Association survey shows. Continue reading →

Waning buyer activity pushes home price growth to 2-year low

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Sixty percent of the nation’s largest markets saw home prices slip from May to June, with the largest drop happening in Washington, D.C., due to federal layoffs. Continue reading →

Home price growth rose seasonally in March, but continues to slow

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The S&P CoreLogic Case-Shiller National Home Price NSA Index rose by 3.4 percent on an annual basis in March and the Federal Housing Finance Agency’s Home Price Index rose 4 percent. Continue reading →

Home prices hit record high in November despite cooling demand

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In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2 percent and 3.8 percent, respectively, according to new data released Tuesday. Continue reading →

Home prices have stopped falling. But is it a reversal or a blip?

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Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains. Continue reading →