Housing Prices Up, But Gains Are Slowing

With their latest annual gain of 8.1%, real estate prices — as measured by the 20-City S&P/Case-Shiller Home Price Index — continued to rise, but the pace of the increase is slowing. The last three sets of numbers reported (for April, May, and June sales) show gains of 10.8%, 9.3%, and now 8.1%, respectively. While that data series does make it easy to forecast how the July numbers will probably come in — anyone want to go out on a limb and guess an annual gain of 7%?

Topics:  s&p/case-shiller home price index    for april   las vegas   summer   david blitzer   chairman    other   the national association   realtors   one57   central park   index   case-shiller   june   july   time   nar   new york   housing   prices   gains   slowing   sales   million   inventory   annual   year-over-year   homes   supply   latest   market   reported   release   data   rising   pace   existing   numbers   estate   noted   current   rate   month   recovery   year   
BING NEWS:
  • Capital-Gains Tax Hits More Home Sellers
    Selling a home is now so profitable that many more Americans are getting hit with an unexpected tax bill.Roughly 8% of 2023 home sales brought windfalls over the $500,000 limit for couples to be ...
    05/3/2024 - 10:30 pm | View Link
  • House Prices Fall in Nearly Half of US States
    Behind this data is a conflicting reality that splits the country in places where house prices are still increasing and others where they've started to slide. In over 20 states and nearly half of the ...
    05/1/2024 - 11:38 pm | View Link
  • Home prices climb 6.4%, hit new record high in February: Case-Shiller
    Home prices kept climbing in February and hit a new all-time record, defying odds that higher mortgage rates might have a more pronounced negative impact on gains, according to the latest S&P ...
    05/1/2024 - 4:22 am | View Link
  • Lack of housing supply causes property prices to climb again as YIMBY movement gains pace
    Property prices surged once again in April due the ongoing shortage of housing and rising demand. Could the rise of the YIMBY — or the "yes in my back yard" — movement be the solution to boosting the ...
    04/30/2024 - 9:57 am | View Link
  • Dallas-Fort Worth home prices rise 3.5% as housing market fends off interest rate pressure
    Dallas-Fort Worth home prices saw an annual gain of 3.5% in February as the national market bucked trends.
    04/30/2024 - 9:09 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News