Tag Archives: Home Prices

According to Trulia, for the first time since July 2012, none of the 100 largest markets in May—anywhere in the United States—saw home prices rise more than 20 percent year-over-year. This is the first sign of sustainability in the housing market in years and is a welcome change from the hyper-rebounding that occurred in some markets—particularly in the West, where asking prices rose by as much as 30 percent from 2012 to 2013.

In its latest Beige Book, released Wednesday, the Federal Reserve noted economic activity has expanded in recent months, with the pace of growth "characterized as moderate in the Boston, New York, Richmond, Chicago, Minneapolis, Dallas, and San Francisco Districts, and modest in the remaining regions."

April sales of Massachusetts single-family homes dropped 2.3 percent compared with the same month last year, according to the latest from the Warren Group. The percentage decline represents a decrease from 3,508 last year to 3,427 in April.

In its latest Home Price Index, CoreLogic reported that home prices continue to rise across the nation, with more increases to come in 2015. The company reported that home prices increased 10.5 percent in April from the previous year, including distressed sales. The company projects home prices will continue to increase by 1.0 percent month-over-month in May.

RealtyStore, a provider of a broad variety of real estate listings, recently released a report outlining average selling prices for bank foreclosures. The company found the median price of bank foreclosures for sale in six select states list at an average of nearly 50 percent below recent median existing-home sale prices.

Inventory and price continued to rise for the month of April suggesting a healthier national housing market, according to the National Housing Trend Report released by Realtor.com. The group cited trends from the previous year which found "dramatic shortages" being replaced in 2014 by moderate home price gains in tandem with increasing inventories.

Despite disappointing home sales in the first quarter of the year as winter storms took their toll, home prices increased 1.3 percent over the first three months of the year on a seasonally-adjusted basis for the purchase-only market, according to the Federal Housing Finance Agency (FHFA).

Despite claims that the recent rise in housing prices is solving the nation’s foreclosure and economic crises, millions of families continue to face financial problems from which they may never recover, according to research from the Haas Institute for a Fair and Inclusive Society at the University of California, Berkeley.

The S&P/Case-Shiller Home Price Indices, released Tuesday, recorded a seasonally adjusted 1.2 percent monthly rise in prices across 20 of the country's top markets. Removing adjustments, the index climbed 0.9 percent month-over-month. Compared to a year ago, March prices were up 12.4 percent, a step back from the 12.9 percent annual increase recorded in February.

Black Knight's Data and Analytics division released its latest Home Price Index (HPI), based on March 2014 residential real estate transactions. The group found that home prices rose 1.0 percent for the month, reflecting a yearly increase of 7.0 percent.