Emanuel Stewart - Reliant Home Lending

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Emanuel Stewart January 29, 2021

Case-Shiller: Home Prices Continue Rising in November

Case-Shiller Home Price Indices reported a year-over-year national home price gain of 9.50 percent for November 2020. Home prices continued to grow in response to high demand for homes and homeowner relocations in response to the covid-19 pandemic. Inventories of pre-owned homes remained low. Home prices rose at a slower pace in November but remained strong in most areas.

Filed Under: Financial Reports Tagged With: Case Shiller, Corona virus, Home Supply

Emanuel Stewart August 26, 2020

Case-Shiller: June Home Prices Rise as Affordability Crisis Grows

According to the National Case-Shiller Home Price Index for June, U.S. home prices rose 4.30 percent year-over-year, which was unchanged from May’s year-over-year home price growth rate. Home prices are expected to continue growing through 2020 as businesses reopen and COVID-19 restrictions ease.

Filed Under: Financial Reports Tagged With: Case Shiller, Corona virus, Home Supply

Emanuel Stewart July 19, 2016

NAHB: Home Builder Confidence Slips in June

Home builder confidence fell slightly in June to a reading of 59 according to the National Association of Home Builders Housing Market Index. Analysts had expected no change to June’s reading of 60. June components of the HMI were also lower. Builder confidence in current market conditions dropped by one point to 63; builder confidence in market conditions over the next six months fell three points to a reading of 66. The reading for foot traffic in new single-family developments dropped one point to 55. Readings over 50 indicate that more builders than fewer are confident about housing market conditions.

Filed Under: Mortgage Rates Tagged With: Home Builders, Home Supply

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