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
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 like CoreLogic), excludes short sales and REOs, and is not seasonally adjusted.From Black Knight: U.S. Show More Summary
The key economic reports this week are January new home sales on Wednesday, existing home sales on Monday, the second estimate of Q4 GDP on Friday, and Case-Shiller house prices on Tuesday.Fed Chair Janet Yellen will provide testimony to the Senate and House on Tuesday and Wednesday. 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 December 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 up 8Show More Summary
Notes: This CoreLogic House Price Index report is for December. The recent Case-Shiller index release was for November. 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 November were released Tuesday. Zillow has started forecasting Case-Shiller a month early - now including the National Index - and I like to check the Zillow forecasts since they have been pretty...Show More Summary
The November 2014 S&P/Case-Shiller home price data came out yesterday, and below is an updated look at the most recent numbers. For awhile there in 2013 and 2014, we were seeing month-over-month gains in home prices for every city tracked. Show More Summary
After a huge miss in Durable Goods Orders and a so-so S&P/Case-Shiller Home Prices report this morning, there were big beats in Consumer Confidence and New Home Sales. After all the excitement, stocks have been getting hit hard (theShow More Summary
Home prices in 20 major cities increased 4.3% in year ended in November, according to the S&P/Case-Shiller Home Price Index report. Compare how they performed.