Home Prices

Existing-Home Sales Skyrocket Toward 11-Year High

December 20th, 2017
Existing-home sales in November skyrocketed to a spree not seen in more than 10 years, the National Association of REALTORS® (NAR) reports. Existing-home sales totaled 5.81 million, a 5.6 percent increase from October and a 3.8 percent increase from one...

FHFA: Home Prices Rose in November

January 27th, 2018
Home prices rose 0.4 percent month-over-month in November 2017, according to the Federal Housing Finance Agency’s (FHFA) recently released House Price Index (HPI). The HPI year-over-year—based on prices for homes with Fannie Mae- or Freddie Mac-backed mortgages—was up 6.5 percent....

CoreLogic: Explosive Home Prices to Reduce Speed

March 6th, 2018
The growth in home prices is set to slow this year, according to CoreLogic’s latest Home Price Index (HPI®) Report. Analysts at CoreLogic expect home prices to rise 4.8 percent by January 2019; in January 2018, prices rose 6.6 percent...

Existing-Home Sales Strengthen

April 23rd, 2018
Building on February’s gains—and for the second time this year—existing-home sales have strengthened, the National Association of REALTORS® (NAR) reports. March sales increased 1.1 percent to 5.6 million, but they were down 1.2 percent from the prior year. Inventory increased,...

Inventory at Lowest Since 2013

December 21st, 2017
Housing inventory is shrinking, still, according to the recently released Trulia Inventory and Price Watch for the fourth quarter of 2017. Across the board, in the premium, starter and trade-up tiers, inventory has tumbled 10.5 percent year-over-year—the most considerable drop-off...

Assessing the State of the Housing Union

January 28th, 2018
In 2018, the challenge for the housing industry will be balancing bursting demand with a severe shortage of supply, according to realtor.com®’s State of the Housing Union, released in-step with the U.S. State of the Union this week. As with...

Confidence in Housing U-Turns

March 8th, 2018
Confidence in housing u-turned in February in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with the HPSI overall posting 85.8, 3.7 percentage points lower than the month prior and 2.5 percentage points lower than the year prior. The backtrack...

Half of Markets Outpacing Peaks Prior to Recession

April 23rd, 2018
ATTOM Data Solutions has released its Q1 report on sales, which found homes in 54 percent of metros are at prices above their pre-recession top-out. “Rising interest rates and recently enacted tax reform that removed some tax incentives for homeownership...

Pending Home Sales Inch Up 0.2 Percent in November

December 27th, 2017
Pending home sales were mostly unmoved in November, inching up 0.2 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). The PHSI posted 109.5 in November, up from 109.3 in October. The Index is based on...

Hot in Housing: The Bay Area Rules

January 29th, 2018
The Bay Area—chiefly San Francisco, San Jose and Vallejo—is on a hot streak, with no pointers to a slowdown this year, according to data newly released from realtor.com®. In January, homes in the San Francisco-Oakland-Hayward metropolitan area lasted a median...
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