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Emanuel Stewart December 28, 2017

Case-Shiller: Home Prices Rise in October

According to Case-Shiller national and 20-city home price indices for October, home prices continued to rise. National home prices rose 0.70 percent for the three months ending in October. Year-over-year, national home prices increased by 6.20 percent. The 20-City Home Price Index also rose by 0.70 percent in October and reported a year-over-year increase of 6.40 percent.

Filed Under: Housing Market Tagged With: Housing Market

Emanuel Stewart December 20, 2017

NAHB: Builder Confidence Outstrips Pre-Bubble Highs

Home builders surveyed by the National Association of Home Builders expressed their highest level of confidence in housing markets since 1999. The index reading for housing market conditions in December hit 74, which exceeded November’s reading of 70. Analysts expected a flat reading of 70 for December. Readings over 50 indicate improvement in housing market conditions.

Filed Under: Housing Market Tagged With: Housing Market

Emanuel Stewart November 1, 2017

Case-Shiller: Home Price Growth Near All-Time High in August

Home price growth approached all-time highs in August, but there were signs that prices may have peaked in some U.S. metro-areas. Seattle, Washington held the top rate of home price growth with a seasonally-adjusted annual appreciation rate of 13,20 percent. Las Vegas, Nevada had the second highest growth in home prices with 8.60 percent in August. San Diego, California reported a seasonally-adjusted annual home price growth rate of 7.80 percent.

Filed Under: Housing Market Tagged With: Homes Sales

Emanuel Stewart October 23, 2017

What’s Ahead For Mortgage Rates This Week – October 23, 2017

Last week’s economic reports included NAHB Housing Market Indexes along with readings on housing starts, building permits and existing home sales. Weekly readings on mortgage rates and new jobless claims were also released.

Filed Under: Housing Market Tagged With: Housing Market

Emanuel Stewart October 18, 2017

Home Builder Sentiment Highest in Five Months

Builder sentiment rebounded in October after lagging during summer months. The National Association of Home Builders Housing Market Index reading for October was four points higher than the expected reading of 64 and September’s reading, which was also 64. Any NAHB Housing Market Index reading over 50 is considered positive.

Filed Under: Housing Market Tagged With: Housing Market

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