In addition to Case-Shiller, and CoreLogic, I'm also watching the FNC, Zillow and several other house price indexes. FNC released their July index data today. FNC reported that their Residential Price Index™ (RPI) indicates that U.S....Show More Summary
This is a key distressed market to follow since Las Vegas has seen the largest price decline of any of the Case-Shiller composite 20 cities. The Greater Las Vegas Association of Realtors reported GLVAR reports local home prices holding...Show More Summary
Kinda ancient history now, but in order to know where you’re going, it helps to know where you’ve been, no? On the Calculated Risk blog, housing economist Tom Lawler explains recent revisions to historical data for the S&P/Case-Shiller national home...
From housing economist Tom Lawler:This week’s S&P/Case-Shiller Home Price Report for June 2014 contained two data “surprises.” The first was that the SPCS “National” HPI, previously released only quarterly, will now be published on a monthly basis. Show More Summary
Bespoke: Below is a look at how much home prices have increased for each city tracked by S&P/Case-Shiller since the housing bust lows. As shown, San Francisco remains by far the biggest winner with a gain of 66%. Detroit and Las Vegas have seen the 2nd and 3rd largest increases in price at 51% and...Read More
Notes: This CoreLogic House Price Index report is for July. The recent Case-Shiller index release was for June. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA).From CoreLogic: CoreLogic Reports...Show More Summary
The June S&P/Case-Shiller home price figures were released this week, and below is a look at the city-by-city breakdown. For each city tracked, we provide its month-over-month and year-over-year change in home prices on a percentage basis. Show More Summary
With their latest annual gain of 8.1%, real estate prices — as measured by the 20-City S&P/Case-Shiller Home Price Index — continued to rise, but the pace of the increase is slowing. The last three sets of numbers reported (for April, May, and June sales) show gains of 10.8%, 9.3%, and now 8.1%, respectively. While…
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Neil Irwin had a good post on the latest Case-Shiller house price data. he argued that the flat, or even modestly declining house prices are good news. This means that prices are now more or less following a normal pattern where they move pretty much in step with the economy. This is right, with one important qualification. Show More Summary
The Case-Shiller house price indexes for June were released this morning. Zillow has started forecasting Case-Shiller a month early - and I like to check the Zillow forecasts since they have been pretty close. From Zillow: Case-Shiller...Show More Summary
• Starting this month, S&P is releasing the Case-Shiller National Index on a monthly basis. This probably means most reporting of a "headline number" will be switched from the Case-Shiller Composite 20 to the National Index.• On a method...Show More Summary
It's time to take the temperature of the Bay Area housing market yet again via the monthly Case-Shiller Index, which examines home prices across five local counties. Like San Francisco itself during the summer months, the market began to cool...
Price gains in the US housing market slowed further in June as pent-up buying pressure eases, the S&P/Case-Shiller index showed Tuesday. Home prices continued to rise, but the 20-city price index rose at an annual rate of 8.1 percent in June, down from 9.3 percent in May and 10.8 percent in April. Show More Summary
The fourth (or is it fifth?) dead cat bounce in the US housing market is rapidly fading, as we just confirmed by the latest Case-Shiller Home Price Index data for the month of June, which saw a Y/Y increase in home prices of just 8.07%, below the 8.3% expected, and the slowest increase since December 2012. Show More Summary
S&P/Case-Shiller released the monthly Home Price Indices for June ("June" is a 3 month average of April, May and June prices).This release includes prices for 20 individual cities, and two composite indices (for 10 cities and 20 cities) and the National index.Note: Case-Shiller reports Not Seasonally Adjusted (NSA), I use the SA data for the graphs. Show More Summary
Mike Kane/Bloomberg via Getty ImagesT By Sam Forgione NEW YORK -- U.S. single-family home prices fell in June and disappointed expectations, a closely watched survey said Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas declined 0.2 percent in June on a seasonally adjusted basis. Show More Summary
S&P will release the Case-Shiller home price survey for June at 9 a.m. Consensus is for a year-over-year increase of 8.3%, compared with a 9.34% jump prior. The month-over-month increase is expected to be flat. The 20-city index is forecast to hit 172.84, up from 170.64 in May. Here's what it's looked like recently: Join the conversation about this story »
From Gavyn Davies at the Financial Times: Draghi steals the show at Jackson HoleThe markets may read this as an empty threat, but they should note the importance of what [ECB President Mario Draghi] said about inflation expectations,...Show More Summary
Notes: I follow several house price indexes (Case-Shiller, CoreLogic, Black Knight (formerly LPS), Zillow, FHFA, FNC and more). The timing of different house prices indexes can be a little confusing. Black Knight uses the current month...Show More Summary