Tag Archives: Home Prices

The median price of a home is now only 5 percent less than its peak reached in June 2006.

It's a holiday week, but key metrics that drive housing aren't taking time off.

This week the Federal Reserve is looking to raise interest rates, key housing indicators will show how the market is doing, there's a look at key economic indicators as 2015 closes, and we get a preview of how consumers are looking at things going into 2016. Read on.

Homeowners and appraisers don't agree on home values in general, but the gap is narrowing. Here's why.

NAR Chief Economist Lawrence Yun stated that "Unless sizeable supply gains occur for new and existing homes, prices and rents will continue to exceed wages into next year and hamstring a large pool of potential buyers trying to buy a home."

The best U.S. cities for watching home price inflation appear to be concentrated along the West Coast. In what markets are prices at an all-time high?

Freddie Mac's monthly Insight & Outlook report for August 2015 released Monday found that a substantial amount of human judgment is required in addition to statistics when determining if a housing market is overvalued or when home prices are likely to drop.

According to Fitch, home prices have grown 50 percent faster in urban centers than in the larger metro statistical areas (MSAs) since 2000. City centers are expected to continue to experience growth due to the shift in demand, even in regions lacking significant fundamental support, and are currently considered overvalued.

According to the NAR, price gains were recorded in 85 percent of metro areas in the first quarter. In addition, 34 metro areas experienced double-digit increases in the second quarter, a decline from the 51 metro areas in the first quarter.

Home prices excluding distressed sales, which are normally discounted at 20 percent or more, actually appreciated at a lower rate month-over-month in April (2.3 percent) than home prices including distressed sales appreciated (2.7 percent).