According to the S&P Case-Shiller Home Price Index report for January, home prices grew by 4.50 percent year-over-year as compared to January 2014's year-over-year price growth rate of 10.50 percent. This was the lowest rate of home price growth since 2012. Analysts said that although slower growth in home … [Read more...] about S&P Case-Shiller: Home Price Growth Slows in 2015
Case Shiller
What’s Ahead For Mortgage Rates This Week – March 2, 2015
Last week provided several housing-related reports including New Home Sales, Pending Home Sales and Existing Home Sales reports. Case-Shiller and FHFA also released data on home prices. The details: Sales of Pre-Owned Homes Hit Nine-Month Low According to the National Association of Realtors® (NAR), Sales of pre-owned homes … [Read more...] about What’s Ahead For Mortgage Rates This Week – March 2, 2015
Case-Shiller: Rising Home Prices Boost Inflation
December home prices rose by 0.10 percent according to the Case-Shiller 20-City Home Price Index. The composite report tracks home prices in 20 U.S. cities. December's results boosted home prices by 4.50 percent year-over-year, which is approximately double the inflation rate for 2014. Analysts note that the overall reading was … [Read more...] about Case-Shiller: Rising Home Prices Boost Inflation
What’s Ahead For Mortgage Rates This Week – Feburary 2, 2015
Last week's economic reports included Case-Shiller 10 and 20-City Home Price Index reports for November along with new and pending home sales for December. Freddie Mac reported on average mortgage rates and new jobless claims dipped unexpectedly. The details: Case-Shiller: Home Price Growth Slower in November Case-Shiller's … [Read more...] about What’s Ahead For Mortgage Rates This Week – Feburary 2, 2015
Case-Shiller: Home Price Growth Slower in November
Case-Shiller Home Price Index reports for November indicate that home price growth continues to slow. The 20-City Home Price Index dropped by 0.20 percent to November's reading of 4.30 percent year-over-year. The five cities with highest year-over-year home price growth rates in November were: San Francisco, California … [Read more...] about Case-Shiller: Home Price Growth Slower in November
What’s Ahead For Mortgage Rates This Week – January 5, 2015
Case-Shiller reported that home prices hit their lowest pace in two years. According to the Case-Shiller 20-City Home Price Index for October, home prices fell in 10 cities, rose in eight cities and were unchanged in two cities. In other news, pending home sales increased and weekly jobless claims rose. The details: … [Read more...] about What’s Ahead For Mortgage Rates This Week – January 5, 2015
What’s Ahead For Mortgage Rates This Week – December 29, 2014
Last week's economic news included several housing related reports. Housing markets continue to cool as November reports on existing and new home sales fell below expectations. New Jobless claims were lower than expected by 10,000 claims. The details: Existing and New Home Sales Down, FHFA House Price Index Up The National … [Read more...] about What’s Ahead For Mortgage Rates This Week – December 29, 2014
What’s Ahead For Mortgage Rates This Week – December 1, 2014
Last week's scheduled economic events were packed into Tuesday and Wednesday, but several housing-related reports were released including the Case-Shiller National and 10-and 20-City Home Price Indices for September, The FHFA House Price Index also for September, and New and Pending Home Sales for October. Case-Shiller, FHFA … [Read more...] about What’s Ahead For Mortgage Rates This Week – December 1, 2014
