Home prices soared to new highs in April, once again breaking the month prior’s record, despite cool-downs across the market. Prices were up 6.3% YOY in April, down from March but still elevated, according to the S&P CoreLogic Case-Shiller National Home Price NSA Index. With this increase, prices hit their seventh record high of the…
Data released today shows home price gains improved in July both annually and month-over-month. Year-over-year, prices rose 1% after not moving at all the month prior, according to the S&P CoreLogic Case-Shiller National Home Price NSA Index. Prices were up 0.6% month-over-month, both before and after seasonal adjustment. This is the sixth consecutive month of…
As home prices spike and interest rates stay elevated, affordability has fallen to its lowest point in more than three decades. First American Financial’s Real House Price Index soared by 16.9% YOY in July, the latest available data, and was up 2% from the month prior. But consumer buying power sank, down 1% month-over-month and…
Data released today shows national home prices slipped year-over-year in May but continue heating up in the short term, with month-over-month prices rising. Year-over-year, prices fell by 0.5%, down from -0.1% the prior month, according to the S&P CoreLogic Case-Shiller National Home Price NSA Index. The 20-City Composite posted a -1.7% year-over-year decline, unchanged from…
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