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 home prices, sales, supply...Show More Summary
By Sramana Mitra: According to recent S&P/Case-Shiller Home Price Indices, housing prices in the country rose the fastest in August this year since their bubble in 2006. Another report by Zillow, (Z) also found that the volume of sales has increased. Show More Summary
Notes: This CoreLogic House Price Index report is for October. The recent Case-Shiller index release was for September. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA).From CoreLogic: CoreLogic...Show More Summary
I expect the CoreLogic index - the index is Not Seasonally Adjusted (NSA) - to decline month-to-month in the October report. The Case-Shiller index (NSA) will probably turn negative month-to-month in the November report. This will not be a sign of impending doom - or another collapse in house prices - it is just the normal seasonal pattern. Show More Summary
The Case-Shiller house price indexes for September were released Tuesday. Zillow has started forecasting Case-Shiller a month early - and I like to check the Zillow forecasts since they have been pretty close. It looks like another very...Show More Summary
Please click here to see the edition of BuilderBytes for 11/27/13 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators: Building permits in October rise to five-year high Case-Shiller...Show More Summary
Hickey and Walters (Bespoke) submit: The September S&P/Case-Shiller Home Price indices were released today, and below are a number of charts and tables highlighting the most recent data. As shown, the two composite indices both gained roughly 0.70% month-over-month from August to September, and they're now up roughly 13.3% over the last year. Show More Summary
Building permits and home prices both made gains in October while pending home sales fell for the fifth straight month, according to data released this week early Monday and Tuesday morning from the Census Bureau, S&P Case-Shiller and the National...
Just a reminder... housing starts have been delayed again... but permits will be released on Tuesday. This will apparent surprise some people, from CNBC: Tuesday look-ahead: Markets watching housing starts "The most telling news is tomorrow with housing starts," said Terry Sandven, chief equity strategist for U.S. Show More Summary
The September S&P/Case-Shiller Home Price indices were released today, and below are a number of charts and tables highlighting the most recent data. As shown, the two composite indices both gained roughly 0.70% month-over-month from August to September, and they're now up roughly 13.3% over the last year. Show More Summary
Home prices extended a winning streak of year-over-year gains, posting the strongest jump since 2006, according to the S&P/Case-Shiller indexes.
Home prices posted a second consecutive quarter of strong gains during the three months ending in September, with home prices in the S&P/Case-Shiller 20-city composite index growing by 13.3 percent from a year ago — the strongest annual growth since...
Case-Shiller home prices climbed 1.03% month-over-month in September, and were up 13.29% on the year. This beat economists' expectations for a 0.9% month-over-month rise, and a 13% year-over-year rise. This was also the biggest gain since February 2006. Show More Summary
S&P/Case-Shiller released the monthly Home Price Indices for September ("September" is a 3 month average of July, August and September prices).This release includes prices for 20 individual cities, and two composite indices (for 10 cities...Show More Summary
Data from two national sources confirmed that housing prices continued to rise in September, posting a solid past 12 months, although price acceleration appears to be slowing. The S&P/Case-Shiller 20-City Home Price Index was up 0.7% in September over August, and 13.3% year-over-year. Show More Summary
It's a full-on "Baffle with BS" onslaught this morning. On one hand, the Case-Shiller Top 20 Composite Index rose by 13.3% Y/Y, better than the 13.00% expected, and the highest annual price increase since 2006. Unfortunately, the ramp...Show More Summary
Notes: I follow several house price indexes (Case-Shiller, CoreLogic, LPS, Zillow, FHFA, FNC and more). The timing of different house prices indexes can be a little confusing. LPS uses the current month closings only (not a three month...Show More Summary
This will be a short, but busy week. The key reports this week are housing starts for both September and October, and Case-Shiller house prices.For manufacturing, the Dallas and Richmond Fed November surveys will be released this week. Show More Summary
In addition to Case-Shiller, CoreLogic, FHFA and LPS, I'm also watching the FNC, Zillow and several other house price indexes. From FNC: FNC Index: Home Prices Show Fastest Quarterly Growth Since Recovery Began TThe latest FNC Residential...Show More Summary
Home prices are up nearly 13% from last year according to the Case-Shiller 20-City Price Index, but these five states are bringing up the caboose when it comes to home price increases.