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S&P Analysts: Accelerating Home Prices Reflect Economic Recovery


S&P Analysts: Accelerating Home Prices Reflect Economic Recovery
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MND NewsWire features plain and simple interpretations of industry related data and events written in a manner that maintains the interest of random readers while still catering to the perspective of a housing market professional.
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Apr 27 2021, 10:01AM
A month after interest rates began to rise, neither the S&P CoreLogic Case-Shiller indices nor that from the Federal Housing Finance Agency (FHFA) found any slowdown in home price appreciation.
Both logged double digit annual increases, in all cases higher than those in January.
The Case-Shiller National Home Price Index, which covers all nine U.S. census divisions, rose 12.0 percent in February compared to an annual increase of 11.2 percent in January. On a month-over-month basis the National Index was up 1.1 percent before and after seasonal adjustment. ....

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November Home Prices Climbed at Highest Rate in Six Years


November Home Prices Climbed at Highest Rate in Six Years
Jan 26 2021, 10:12AM
The annual increases in U.S. home prices
is nearing dizzying levels. The November data from the Federal Housing Finance
Agency (FHFA)
crossed into double digits for the second consecutive month while
the months numbers from S&P CoreLogic Case-Shiller U.S. National Home Price
NSA Index came close.
The Case-Shiller index,
which covers  all nine U.S. census
divisions,
gained 9.5 percent compared to the previous November. The annual increase
in October was 8.4 percent. On a seasonally
adjusted monthly basis the National Index rose 1.4 percent and was 1.1 percent ....

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