Redbook reports that last week’s retail sales firmed slightly to 3.0% on a year-ago basis, from the previous week’s 2.8%. The S&P/Case-Shiller 20-city home price index rose 0.9% in January, with a year-on-year increase of 4.6%. The January rise follows a 0.9% increase in December and 0.8% in November. The Chicago PMI rose 0.5 points […]
Home prices in the U.S. edged up to start the year, in part due to strong growth in markets such as Denver, Dallas and Miami.
Weather-crushed January saw seasonally-adjusted Case-Shiller home prices rise 0.87% MoM (better than expected), slower than the revised 0.91% gain in December. However, away from the 'make-everything-feel-better' adjustments, home prices slipped in January following December's brief interlude, leaving the index down 4 of the last 5 months. Show More Summary
S&P/Case-Shiller released the monthly Home Price Indices for January ("January" is a 3 month average of November, December and January prices).This release includes prices for 20 individual cities, two composite indices (for 10 cities...Show More Summary
Patrick T. Fallon/Bloomberg via Getty Images By Dan Burns NEW YORK -- U.S. single-family home prices rose in January from a year earlier, led by strong increases in the South and West, a closely watched survey said Tuesday. The S&P/Case-Shiller...Show More Summary
Home prices in January rose in-line with expectations according to the latest S&P/Case-Shiller home price index. Over the prior month, home prices rose 0.87% and rose 4.56% over the prior year. Expectations were for the report to show...Show More Summary
From the WSJ: Fed’s Fischer Floats Ideas for Regulating Shadow Banks The Federal Reserve’s No. 2 official floated a series of ideas for regulating nonbank financial companies, the latest indication that top U.S. policy makers are focusing...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 January 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 report points to steady housing...Show More Summary
Notes: This CoreLogic House Price Index report is for January. The recent Case-Shiller index release was for December. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA).From CoreLogic: Home Prices Up 5 Percent Year Over Year for December 2014CoreLogic®... Show More Summary
The Case-Shiller house price indexes for December were released last Tuesday. Zillow forecasts Case-Shiller a month early - now including the National Index - and I like to check the Zillow forecasts since they have been pretty close.From Zillow: 10- & 20-City Case-Shiller Composites Expected to Show Declines In Jan. Show More Summary
Succinct Summations week ending February 27th Positives: 1. The Nasdaq Composite just had its highest monthly close ever. 2. Durable goods orders increased 2.8% vs 1.6% expected 3. Case-Shiller home prices rose 0.87% m/o/m and 4.46% y/o/y, both above estimates. 4. Core consumer prices rose 0.2% m/o/m vs +0.1% expected. 5. Pending home sales grew...Read More
Redbook reports that last week’s retail sales slowed to 2.8% on a year-ago basis, from the previous week’s 3.2%. The S&P/Case-Shiller 20-city home price index rose 0.9% in December, with prices up 4.5%, year-over-year. A strong rebound in new work helped boost to Markit’s PMI Services Flash for February 3 points to a 4-month high […]
San Francisco saw housing prices rise 9.3% in 2014, but the nation's home values grew at the weakest pace in three years, according to a home price report released Tuesday.
Another day, another sign that the housing market is leveling off.
S&P/Case-Shiller released the monthly Home Price Indices for December ("December" is a 3 month average of October, November and December prices).This release includes prices for 20 individual cities, two composite indices (for 10 cities...Show More Summary
Home prices, according to Case-Shiller, rose 0.87% MoM in December (better than the expected 0.6% gain) for the biggest seasonally adjusted monthly gain since March, likely bringing the 'housing recovery is back on track' meme back into play (despite affordablity being a major driver of the slump in home sales). Show More Summary
The December report on home prices from S&P/Case-Shiller is set for release at 9:00 am ET. Expectations are for home prices to rise 0.6% month-on-month and rise 4.3% over the prior, roughly in line with the increase seen in November. We'll be back with the live numbers when they hit. Join the conversation about this story »
The Case-Shiller Index tells us that metro Atlanta home values are up 44 percent from March 2012 — which is still down 12 percent from a July 2007 peak. The average sales price of metro...
A few excerpts from a preview of Yellen's Testimony by Goldman Sachs economists Kris Dawsey and Chris Mischaikow: Fed Chair Yellen will be presenting her semi-annual monetary policy testimony—sometimes called the "Humphrey-Hawkins" testimony—on Tuesday and Wednesday of this week (February 24 and 25). Show More Summary