In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses Core Logic price data. CoreLogic data today confirm the … [Read more...]
Yet Another Source Suggests Home Prices Rising at Double-Digit Pace from One Year Ago
Last month, we reported that the Case-Shiller Price Index was likely to break a double-digit pace in the next month, and Tuesday’s data confirms that prediction. All three Case-Shiller price indexes rose by double-digits from one year ago. The 10- … [Read more...]
Home prices rose in 41 states and D.C. in the 1st quarter of 2013
FHFA (Federal Housing Finance Agency) price data shows that home prices across the United States rose 6.7 percent from the first quarter of 2012 to the first quarter of 2013. In 41 states and the District of Columbia prices were higher than the … [Read more...]
Monthly Payment as a Percentage of Income
In the wake of the housing recession, the sharp decline in median home prices and record low mortgage rates combined to boost affordability to record levels in nearly all markets. Affordability varies greatly across markets, though, even when … [Read more...]
Case-Shiller Price Index
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the Case-Shiller price index. Case-Shiller data show that … [Read more...]
FHFA House Price Index
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s second update discusses the FHFA Home Price Index. FHFA data show that U.S. … [Read more...]
