Please click here to see the edition of BuilderBytes for 7/2/15 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators: Construction spending surged to 6.5-year high in May Case-Shiller...Show More Summary
Redbook reports that last week’s retail sales weakened to 1.6% on a year-ago basis, from the previous week’s already-weak 1.7%. The S&P Case-Shiller home price index rose 0.3% in April, with a 4.9% year-over-year increase. Chicago’s PMI sample remains surprisingly depressed, at a June index of 49.4, the 4th contractionary reading (sub-50) of the last […]
Backing the findings of other recent reports, Standard & Poor's/Case-Shiller’s U.S. National Home Price Index shows that home prices continue to escalate. Spanning April 2014 to April 2015, ten markets experienced year-over-year price growth that exceeded 5 percent. Overall, home prices escalated by 4.2 percent during the 12-month period...
Case-Shiller Index reports home values continuing to rise. How much of the data is even valid, though? Read more, and get today's mortgage interest rates. Click to read more: (Flawed) Case-Shiller Index Shows Home Values Rising Sharply With Mortgage Rates Low.
S&P/Case-Shiller index shows US housing recovery remains bumpy.
credit: Dimitri Otis/getty images The growth in sales prices for single-family homes slowed to 4.2% in April, carrying on a slowdown that has lasted nearly two years, S&P/Case-Shiller indicated Tuesday. On a national basis, prices appreciated...Show More Summary
While the 20-City index rose 4.9% YoY (but missed expectations by the most since July 2014), Case-Shiller's US Home Price Index dropped 0.02% in April - the first MoM drop since May 2014. Of course, all real estate is local and we note...Show More Summary
Home prices in Los Angeles and Orange counties rose 6.1% in April, according to a closely tracked gauge released Tuesday.
S&P/Case-Shiller released the monthly Home Price Indices for April ("April" is a 3 month average of February, March and April prices).This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20Show More Summary
John Bazemore/AP By Michael Connor NEW YORK -- U.S. single-family home prices rose in April from a year earlier but at a slower pace than forecast, a closely watched survey said Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas in April gained 4.9 percent year over year. Show More Summary
The Case-Shiller home price index rose less than expected. Prices rose 0.3% month-over-month, and 4.9% year-over-year. Economists had estimated that home prices rose 0.8% month-over-month in April and 5.5% year-over-year, according to Bloomberg. Show More Summary
Tuesday:• At 9:00 AM ET, S&P/Case-Shiller House Price Index for April. Although this is the April report, it is really a 3 month average of February, March and April prices. The consensus is for a 5.4% year-over-year increase in the Comp 20 index for April. Show More Summary
Note: I follow several house price indexes (Case-Shiller, CoreLogic, Black Knight, Zillow, FHFA, FNC and more). Note: Black Knight uses the current month closings only (not a three month average like Case-Shiller or a weighted average...Show More Summary
The key report this week is the June employment report on Thursday.Other key indicators include the June ISM manufacturing index on Wednesday, June vehicle sales on June, and the April Case-Shiller house price index on Tuesday. ----- Monday, June 29th ----- 10:00 AM: Pending Home Sales Index for May. Show More Summary
Submitted by Ryan McMaken via The Mises Institute, In recent years, home price indices have seemed to proliferate. Case-Shiller, of course, has been around for a long time, but over the past decade, additional measures have been marketed aggressively by Trulia, CoreLogic, and Zillow, just to name a few. Show More Summary
In addition to Case-Shiller, and CoreLogic, I'm also watching the FNC, Zillow and several other house price indexes. FNC released their April 2015 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 steady home sales and prices...Show More Summary
Notes: This CoreLogic House Price Index report is for April. The recent Case-Shiller index release was for March. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA).From CoreLogic: CoreLogic Reports National Homes Prices Rose by 6.8 Percent Year Over Year in April 2015CoreLogic®... Show More Summary
Please click here to see the edition of BuilderBytes for 5/28/15 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators: New home sales jumped in April more than expected Case-Shiller Indices...Show More Summary
The Case-Shiller house price indexes for March were released this yesterday. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty close.From Zillow: Expect More of the Same...Show More Summary