-LSB-...] Last week's S&P / Case - Shiller Home Price Indices report showed strong positive
gains in home prices, but those positive gains are threatened by rebounding -LSB-...]
Low mortgage rates have helped affordability some, but they have also bolstered
gains in home prices, as buyers can now afford more.
«Generally good economic conditions continue to support
gains in home prices,» David Blitzer, chairman of the index committee, said in the release.
Last week's S&P / Case - Shiller Home Price Indices report showed strong positive
gains in home prices, but those positive gains are threatened by rebounding foreclosure activity in about one - third of the 20 markets tracked in the report.
-LSB-...] Last week's S&P / Case - Shiller Home Price Indices report showed strong positive
gains in home prices, but those positive gains are threatened by rebounding foreclosure activity in about one - third of the 20 markets tracked in the report.
«With a stronger economy and labor market, it's critical to increase housing starts for entry - level buyers or else many will face affordability issues if their incomes aren't compensating for
the gains in home prices.»
Strong
gains in home prices are lifting Americans» confidence that now is a good time to sell a home, according to a Fannie Mae survey.
-LSB-...] Last week's S&P / Case - Shiller Home Price Indices report showed strong positive
gains in home prices, but those positive gains are threatened by rebounding -LSB-...]
-LSB-...] Last week's S&P / Case - Shiller Home Price Indices report showed strong positive
gains in home prices, but those positive gains are threatened by rebounding foreclosure activity in about one - third of the 20 markets tracked in the report.
The gains in home prices are getting bigger as the supply of homes for sale gets leaner.
While Phoenix has had a 19 percent yearly
gain in home prices, prices still remain far from their peak and many owners still owe more on their mortgage than their home is worth.
Home sales activity is expected to rise in 2015, with a modest
gain in home prices as well,» said Kathleen Sweeten, CEO of the Northwestern Vermont Board of Realtors ®.
It was the strongest
gain in home prices in a year since 2005, when home prices rose 12.4 percent, NAR reports.
Year - over-year
gains in home price expectations and attitudes about the current selling environment were particularly notable,» says Doug Duncan, senior vice president and chief economist at Fannie Mae.
Not exact matches
«
Price gains over the past two years could trigger substantially more inventory in the months ahead, and that could support higher sales and tame home price appreciation.&r
Price gains over the past two years could trigger substantially more inventory
in the months ahead, and that could support higher sales and tame
home price appreciation.&r
price appreciation.»
The increasing level of new construction is entirely consistent with the strong demand and corresponding
price gains we have been seeing
in both rents and
home prices... Builders are more confident as a result of seeing more traffic.
Since implementing that 15 per cent charge last summer, the raw number of
home sales have fallen about 40 per cent, primarily
in the upper end of the market, and the steep
price gains have levelled off.
Food
prices rose 0.2 percent, with food away from
home up 0.4 percent, its biggest
gain in a year and part of a 2.5 percent annualized
gain.
The S&P CoreLogic Case - Shiller 20 - City Composite
Home Price Index posted a 6.4 percent year - over-year
gain in October, up from 6.2 percent the previous month, according to a Tuesday report.
The number of
homes sold
in February was the lowest for the month
in seven years, and the median annual
price gain was the smallest
in nearly three years.
Make a 10 percent down payment and you double your equity with a 10 percent
gain in the
home's
price.
Robert R. Johnson, president of the American College of Financial Services
in Bryn Mawr, Pennsylvania, says
homes appear to be stable investments only because you can not get minute - to - minute
price updates like with stocks, and that many homeowners focus on long - term
price gains and ignore all the costs of ownership.
Chinese data had also helped, with signs of easier liquidity conditions and
home prices up 10.4 %
in May from a year ago, although slowing from April's 10.7 %
gain.
Home price gains in 2016 were the most since 2006, and
prices in many markets are now back to their pre-recession peaks.
Connecticut
home prices — struggling to recover from the last recession — squeezed out a modest, year - over year
gain in 2017 but still remain well below the most recent peak a decade a ago, a new report Tuesday shows.
Home prices continue to show strong
gains, accelerating from earlier
in the year due to high demand.
Home prices have been rising steadily since the recession, but the
gains are suddenly accelerating as spring demand heats up
in an already highly lean and competitive market.
Median
home prices in Alabama and Arkansas are up 7.1 percent and 8.4 percent, respectively, but those are below the double - digit
gains seen nationally.
The median
home price in Vermont has seen no
gains in the last five years — down just 0.4 percent.
Home price gains are accelerating again, and
in some cities those values are overheating.
«It was more affordable to own a
home in virtually all provincial and major local markets across Canada
in Q2, and
in the face of solid
price gains no less,» said Craig Wright, senior vice-president and chief economist, RBC.
But there's a chance the county could see higher caps
in 2017 due to
home price gains.
In San Diego, for example, Zillow has predicted a
home -
price increase of 1.7 % over the next 12 months, compared to a
gain of 4 % over the last year or so.
To be sure, over the past year China has powered through a slowdown
in home price gains, weaker credit growth and an environmental crackdown to deliver better - than - expected growth.
Home prices in Dallas, Texas will probably keep rising through the end of 2016, but the
gains might not be as steep as what we've seen
in 2015.
While
home prices are expected to continue rising into 2018, the year - over-year
gains will likely be smaller than
in the past.
In its 2017 housing market forecast for the state, the California Association of REALTORS ® projected that the median home price statewide would rise by 4.6 % in 2017, compared to a gain of 5.4 % in 2016 and 6.6 % in 201
In its 2017 housing market forecast for the state, the California Association of REALTORS ® projected that the median
home price statewide would rise by 4.6 %
in 2017, compared to a gain of 5.4 % in 2016 and 6.6 % in 201
in 2017, compared to a
gain of 5.4 %
in 2016 and 6.6 % in 201
in 2016 and 6.6 %
in 201
in 2015.
In other words, we could see additional but smaller
home -
price gains next year.
In San Diego, for example,
home prices are expected to rise by just 1.7 % over the next 12 months, compared to a
gain of 4 % over the last year or so.
According to the CAR, the median selling
price for existing single - family
homes in Alameda County was $ 803,360
in June 2016, a
gain of 7 % over last year.
China's average
home prices rose from year - ago levels for the second month
in a row
in January, signaling that the property market recovery is
gaining momentum after last year's slump.
«The latest year showed strong
home price gains throughout the country and
in some locations [including San Diego] those
gains were sufficiently large to elevate loan limits above levels
in any prior year.»
For example, the National Association of Realtors reports that
home prices in March reached $ 236,400, up 6.8 percent from March 2016 ($ 221,400) and the 61st consecutive month of year - over-year
gains.
Home prices within the Sacramento housing market have also made significant
gains in recent years.
In many cities,
home -
price gains have outpaced wage and income growth over the last couple of years, and this kind of trend can lead to housing affordability issues.
Most cities
in the region are expected to outperform the national average for
home -
price gains during 2017.
Lagging the rest of the country have been
home price gains in New York, Cleveland, Washington D.C., Dallas, Boston and Chicago.
The Bernanke push is partly what's behind impressive
gains in the stock market the past few months, and now it seems as if
home prices are getting a welcome bounce as well.
So these markets will probably see bigger
home -
price gains in 2017 than most other metros.
Home prices have risen steadily over the last few years, with double - digit
gains in the last 12 to 18 months alone.