Browsing Posts In: Home Price Measures

April 3, 2017 Posted by: Nadia Evangelou, Research Economist

While total housing inventory continues to fall year-over-year for the last 21 months, more markets are turning into a sellers’ market. Under limited inventory conditions, sellers get more confident. The increased demand exceeds the existing supply, which means that more buyers are seeking to purchase properties than there are available homes on the market. As […]

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Posted by: Nadia Evangelou, Research Economist

While total housing inventory continues to fall year-over-year for the last 21 months, more markets are turning into a sellers’ market. Under limited inventory conditions, sellers get more confident. The increased demand exceeds the existing supply, which means that more buyers are seeking to purchase properties than there are available homes on the market. As […]

... Read More

March 9, 2017 Posted by: Nadia Evangelou, Research Economist

A week after the release of the Housing Price Index for the last quarter of 2016,  the median home price per county[1] has been updated. Applying the price change in the related metropolitan areas, it seems that, compared to a year earlier, home prices continue to rise in 97 percent of the counties. Counties in the […]

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January 10, 2017 Posted by: Nadia Evangelou, Research Economist

Mortgage rates have been rising sharply over the past couple of months. The 30-year fixed-rate mortgage was 4.2 percent in December, the highest of 2015 and 2016, and it appears to stay above 4 percent for a long while. Mortgage rates are still historically low, but crossing over from the 3 percent range to 4 […]

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January 7, 2015 Posted by: Scholastica (Gay) Cororaton, Research Economist

With rising inventory  and the strong price recovery since 2012, REALTORS®  responding  to the  November 2014 REALTORS® Confidence Index Survey expected home prices to increase modestly in the next 12 months, with the median at about 3 percent:    http://www.realtor.org/reports/realtors-confidence-index[1]. The map shows the median expected price change in the next 12 months by the state […]

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November 25, 2014 Posted by: Danielle Hale, Director of Housing Statistics

Last week NAR released median home price information that showed gains of 5.5 percent in October 2014 home prices compared to October 2013.  This gain was slightly higher than the 5.3 percent seen in September and also higher than the 4.2 percent average price increase in the peak selling months of May to August.  Still, […]

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September 30, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The home prices of 20 large metro markets measured by Case-Shiller increased 6.7 percent over the past 12 months to July.  However, there is a marked deceleration in the price growth.  Price gains were in the double-digits for most of 2013 and as recently as April of this year.    Increased inventory and lower home sales […]

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September 25, 2014 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Home prices appreciated 4.4 percent on average across the country. This increase reflects a genuine price growth for a typical home as it reflects a constant quality repeat-price measurement. Such a gain would translate into about $900 billion in wealth gain for property owners in the past 12 months. Specifically, in the 12 months prior […]

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August 28, 2014 Posted by: Danielle Hale, Director of Housing Statistics

Earlier this week, we looked at the FHFA and Case-Shiller release focusing on national data trends.  Today, we’ll dig a bit deeper to look at more local data at the regional, state, and city or MSA level. FHFA releases monthly data at the Census division level and quarterly state and metro area data.  Case-Shiller offers […]

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August 26, 2014 Posted by: Danielle Hale, Director of Housing Statistics

Last week NAR released median home price information that showed gains of 4.9 percent in July 2014 home prices compared to July 2013. This gain was slightly higher than the 3.7 percent seen in June and notably slower than double-digit price growth in summer/fall 2013. Today, both the FHFA and S&P/Case-Shiller released their housing price […]

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