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Home | Tag Archives: Home Prices

Tag Archives: Home Prices

FHFA House Price Index Rises Slightly In February

FHFA House Price Index Rises Slightly In February

The Federal Housing Finance Agency (FHFA) released its monthly House Price Index (HPI) for February, revealing continued growth even as winter weather slowed the market. The broad measure of the movement of single-family home prices in this purchase-only index went up by .6 percent, and with the exception of November 2013, marked nearly two straight years of increases.

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Healthier Market Welcome Sight for Spring Home Buyers

Healthier Market Welcome Sight for Spring Home Buyers

The National Housing Trend Report for March was just released by Realtor.com, and it offers some great news for spring home buyers. The market is much healthier this year, with growth in inventory and days on the market. With modest price increases present, the overall outlook is good.

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Fed: Economic Activity Increases Due to Better Weather

Fed: Economic Activity Increases Due to Better Weather

Reports from the Federal Reserve’s 12 districts indicate economic activity has increased in most regions across the country since the end of February as the unusually harsh winter came to an end. As in the last Beige Book report, the word "weather" appeared more than 100 times in the Fed's latest release, though the theme this time was generally one of improvement rather than sluggishness.

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California Home Sales Jump Higher in March

California Home Sales Jump Higher in March

The California Association of Realtors (CAR) reported 367,000 closed escrow sales of existing single-family detached homes, seasonally adjusted at an annualized rate. March marked the fifth straight month with sales below the 400,000 level, and the eighth month of declining sales on a year-over-year basis.

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SoCal Home Sales Stuck at 6-Year Low

SoCal Home Sales Stuck at 6-Year Low

Southern California home sales quickened slightly in March compared to February but are far below average, according to a new report issued by DataQuick. The company reported that home sales were at the lowest levels for a March in six years.

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Nevada Slowly Making Economic Comeback

Nevada Slowly Making Economic Comeback

It would appear that the Silver State is slowly making a comeback, according to a new report from the Wells Fargo Economics Group. Nevada, which posted the fastest year-to-year growth of any state, is battling back from the housing slump and severe recession.

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NY Fed: Consumer Expectations Rise in March

NY Fed: Consumer Expectations Rise in March

A new survey put out by the Federal Reserve Bank of New York found that consumer expectations rose slightly in March, and home price change expectations declined slightly. The bank's findings from the Survey of Consumer Expectations (SCE) found that consumer expectations both rose at the one-year and three-year horizon by 3.2 percent and 3.4 percent, respectively.

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Spring Thaw Expected to Help Minnesota Homeowners

Spring Thaw Expected to Help Minnesota Homeowners

After a long, dreary winter, the Minneapolis Area Association of Realtors (MAAR) pointed towards signs of renewed optimism in the 13-county Minneapolis-St. Paul metropolitan area. Seller activity rose 5.5 percent to roughly 6,500 newly listed homes in March. Although inventory remains near a 10-year low, the group believes consumers should have more options this year compared to recent years.

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