• Real House Prices and Price-to-Rent Ratio in March

    25 days ago - By Calculated Risk

    Here is the earlier post on Case-Shiller: Case-Shiller: National House Price Index increased 6.5% year-over-year in March
    It has been eleven years since the bubble peak. In the Case-Shiller release this morning, the seasonally adjusted National Index , was reported as being 8.8% above the previous bubble peak. However, in real terms, the National index is still about 10.0% below the bubble peak (and historically there has been an upward slope to real house prices). The composite 20, in real terms, is still 15.7% below the bubble peak.
    The year-over-year increase in prices is mostly moving...
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  • FHFA: Home Prices Rose in Q1

    FHFA: Home Prices Rose in Q1

    25 days ago - By RIS Media

    In the first quarter of 2018, home prices rose 1.7 percent, according to the Federal Housing Finance Agency's recently released House Price Index. The HPI year-over-year was up 6.9 percent.
    “Home prices continue to rise across the U.S., but there are signs of tapering,” said Dr. William Doerner, senior economist at the FHFA, in a statement. “Since housing markets began to rebound in 2012, house price appreciation has been positive because demand has outpaced supply. In the last month, however, some regions reflect a slowing or even flattening of house price growth.”
    Per the Index, annual...
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  • Home Prices: Boom Continues, but Leveling Out Needed

    25 days ago - By RIS Media

    The boom is continuing for home prices, with a gain in March of 6.5 percent, according to the S&P CoreLogic/Case-Shiller Indices.
    The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index's 10-City Composite, which is an average of 10 metros (Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, D.C.), rose 6.5 percent year-over-year, an increase from 6.4 percent in February. The 20-City Composite-which is an average of the 10 metros in the 10-City Composite, plus Atlanta, Charlotte, Cleveland, Dallas, Detroit, Minneapolis...
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