S&P/Case-Shiller: U.S. home prices fall 2.4%

S&P/Case-Shiller: U.S. home prices fall 2.4%

NEW YORK, March 27, 2018 /PRNewswire/ — S&P Dow Jones indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released.

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Low mortgage rates, tight inventory and heavy investor demand continue to drive up home prices nationwide.. According to the Standard & Poor’s/Case-Shiller index, U.S. home prices rose 2.4% in May compared to April and were up 12.2% compared to May 2012.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.2% annual gain in January, down from 6.3% in the previous month.. the cities with the smallest price gains, saw a 2.4% annual increase in home prices.

The third quarter brought another dose of persistently disappointing home prices, with the U.S. national home price index up only 0.1% from the second quarter and down 3.9% from year-ago figures.

U.S. home prices in December fell 2.4% from the year-ago period and 1% from the previous month, according to the latest S&P/Case-Shiller composite 20-city home price index — a barometer for.

The National Association of Realtors (NAR), the residential industry’s largest trade group with over 1.3 million members, agrees that the rate of home price growth will match or fall below..

Home prices are still on fire, Case-Shiller data show. The S&P/Case-Shiller national index rose a seasonally adjusted 0.5% in the three-month period ending in January, and was up 6.2% compared.

The S&P Case-Shiller U.S. National Home Price Index posted a 2.5% decrease from a year earlier, a significant easing from the 19%, 15% and 8.7% declines in the rest of 2009. The indexes showed prices in 10 major metropolitan areas fell 2.4% in December from a year earlier, while the index for 20 major metropolitan areas dropped 3.1%.

Freddie Mac: Mortgage rates remain steady Fixed-rate mortgages slightly declined during the week ending May 16, according to the results of Freddie Mac’s primary mortgage market survey. rates for the 30-year fixed-rate mortgage averaged.Unemployment rate improves across nation The unemployment rate is a variable that economists routinely use to measure the health of the economy. However, some people think the federal unemployment rate doesn’t accurately reflect reality. In fact, the real rate of unemployment may actually be much higher than what’s reported.

The S&P/Case-Shiller index of property values in 20 cities decreased 0.7 percent from May 2011, the smallest 12-month fall since September. “It’ll be a salve for a lot of U.S. households if we.

According to S&P/Case-Shiller’s latest Home Price Indices, U.S. home prices declined 1.3% for both the 10- and 20-City Composites in November over October. For a second consecutive month, 19 of the 20 cities covered by the indices also saw home prices decrease.

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