Nearly seven years after the housing bubble burst, most
indexes of house prices are bending up.
The Teranet - National Bank
index of house prices in the country's 11 largest metropolitan regions rose 6.1 % in November, yet only four cities — Toronto, Hamilton, Vancouver and Victoria — actually posted gains.
Indeed, the seasonally adjusted S&P / Case - Shiller
index of housing prices in 20 American cities has now fallen for nine months in a row.
Widespread House Price Gains Have Accompanied Accommodative Financial Conditions (Diffusion
Index of House Price Growth and Global Financial Conditions)
Not exact matches
Western Australia's
house price index has risen 2.7 per cent in the June quarter, in line with the national upward trend, the Australian Bureau
of Statistics said today.
But when it comes to the place to settle down, Deutsche Bank pointed to Wellington in New Zealand at the top
of the quality -
of - life
index, based on eight variables: purchasing power, safety, healthcare, cost
of living,
house price - to - income, commuting time, pollution and climate.
The above series is Statistics Canada's New
Housing Price Index (NHPI), which «measures changes over time in the contractors» selling
prices of new residential
houses, where detailed specifications pertaining to each
house remain the same between two consecutive periods.»
For March 2014, the national
house price index was flat — which doesn't sound particularly alarming, until the authors point out that this is the first time in 15 years that
house prices haven't increased in March, typically the kickoff
of the important spring buying season.
If you're bearish on real estate — as we at Canadian Business have been for some time — the results
of the latest Teranet - National Bank
House Price Index, released today, may give you some grim satisfaction.
«The different timing
of Easter in 2016 and 2017 contributed to air fares being the main contributor to the increase in the 12 - month rate
of the Consumer
Prices Index including owner occupiers»
housing costs (CPIH) between March 2017 and April 2017,» the ONS said in a release.
«The six - city Teranet National Bank
House Price Index is estimated by tracking the observed or registered Canadian home
prices over time which we've compared to the inverse
of the Bank
of Canada overnight lending rate.
In terms
of data, the latest Halifax
house price index showed U.K.
house prices falling 1 percent month - on - month in June, but still 2.6 percent higher year - on - year in the three months to June.
The S&P Corelogic Shiller 20 - city composite home
price index, one
of the most widely followed gauges, is back where it was in 2007 before the
housing crash.
Its Cost
of Living
Index measures
prices in 269 urban areas for
housing, groceries, utilities, transportation, health care, and miscellaneous goods and services such as getting your hair done or going to a movie.
Posted by Jeff Rubin on December 23rd, 2009 under SmallerWorldTags: Bank
of Canada, Consumer
Price Index,
housing prices, Mark Carney, mortgage rates • 11 Comments
The return an investor receives on his or her share
of a home would depend on the home's value change according to its
house - specific
index rather than the selling
price of the home.
The excess supply
of housing is putting downward pressure on rents, which represent a large share
of the consumer
price index (CPI)(Chart 27).
There exists a number
of indices that look at the
price of housing by deflating the nominal dollar
price of a
house by the consumer
price index (CPI) to get an idea
of how fast
housing prices are rising relative to the general rise in
prices of consumer goods.
This is done by
indexing property valuations (typically provided at the time a loan is originated) by a measure
of housing prices and accounting for offset balances.
Western allies press Trump to maintain nuclear deal with Iran: Reuters US intelligence monitors Iranian cargo shipments into Syria: CNN A trade war is a major risk for China's debt - ridden economy: CNBC Federal judge orders gov» t must accept new DACA immigration applications: WaPo Unification
of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence
Index rebounded in April after March decline: CB New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg
Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home
Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal
Housing Finance Agency: US
house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Money
Over the month
of May, Sydney
house prices fell 1.3 per cent and Melbourne's
prices dropped 1.7 per cent, according to Corelogic's latest Hedonic Home Value
Index.
Gain unparalleled insight into the dynamics
of a highly varied Canadian
housing market with the Teranet - National Bank
House Price Index ™ monthly public release.
The Teranet — National Bank National Composite
House Price IndexTM was unchanged in March — the first time outside a recession when the March composite
index was not up at least 0.2 percentage points from February and the first time outside a recession when March
indexes were up for only four
of the 11 metropolitan markets
of -LSB-...]
According to the latest Real
House Price Index from First American, today's home buyers have «historically high levels of house - purchasing power.&r
House Price Index from First American, today's home buyers have «historically high levels
of house - purchasing power.&r
house - purchasing power.»
The New
Housing Price Index edged lower to 0.0 %, shy
of the estimate
of 0.1 %.
Nationally, the
index (which showed 15 years
of house price increases up to its peak early in 2006) is now back to the levels
of summer 2003.
According to the latest release
of the S&P / Case - Shiller Home
Price Index (published on January 26, 2016),
house values in Denver have hit yet another all - time high.
These widely used measures
of house prices are all less than fully satisfactory in that the quarterly movements are influenced by compositional changes and contain significant lags in recording transactions; the lags arise because most standard
indices record
prices as at the date a transaction is settled, which is well after the
price was determined by agreement on a contract.
A survey
of property developers and real estate companies showed the average
price of housing in 100 Chinese cities rose by a modest 0.03 % in December from a year earlier, data provider China Real Estate
Index System said Friday.
Professor Robert Shiller, Professor
of Economics at Yale University, and David Blitzer, Managing Director and Chairman
of the
Index Committee at S&P Dow Jones
Indices, discussed the overall health
of the U.S. residential
housing market and those factors that could impact the pace
of recent home
price increases during a live S&P Dow Jones
Indices -LSB-...]
While benchmark home
prices were up from year - ago levels in 11
of 13
housing markets tracked by the MLS
House Price Index (HPI), price trends continued to vary widely by loca
Price Index (HPI),
price trends continued to vary widely by loca
price trends continued to vary widely by location.
To Shiller, whose Case - Shiller Home
Price Index is widely recognized as the best measure of U.S. house prices, the parallel between the U.S. bubble and Canada's run - up in home prices measured by the Teranet index is obv
Index is widely recognized as the best measure
of U.S.
house prices, the parallel between the U.S. bubble and Canada's run - up in home
prices measured by the Teranet
index is obv
index is obvious.
Property values rose in 40 out
of 54 countries in the Knight Frank Global
House Price Index, the most since 2007, but Europe is lagging behind, with two - speed growth emerging
The latest
index records only modest gains
of 2.6 % in Australian
house prices over the past year to March (using ABS data), ranking the country 10th best performing global
housing markets out
of 18 over 2012 with the top performing market being Hong Kong (24.5 %) followed by Brazil (12.8 %), South Africa (11.1 %) and India (10.7 %).
David Blitzer, Managing Director and Chairman
of the
Index Committee at S&P Dow Jones
Indices, discusses the current state
of the
housing market after the latest data results for the S&P / Case - Shiller Home
Price Indices were released.
Global property
prices increased by 6.6 percent in the year to March, the highest rate since the second quarter
of 2010, according to the Knight Frank Global
House Index released today.
The purchase - only Home
Price Index from the Federal
Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate
of 7.8 % in February, down from the 10.9 % increase in January, confirming the deceleration in home
prices.
According to Knight Frank's latest Global
House Price Index, worldwide home
prices recorded their weakest annual performance since the depths
of the recession in 2009, recording only 0.9 % growth in the year to March 2012.
The broadly positive April 2012 report for the S&P / Case - Shiller Home
Price Indices left many wondering if some
of the regional
housing markets have finally turned around.
The Home
Price Index from the Federal
Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate
of 4.9 % in November, slower than 7.1 % in October.
The Home
Price Index from the Federal
Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate
of 5.5 % in December, following 7.1 % in November.
We found out earlier today that, according to the Case - Shiller
housing price index, the
price of a home continues to climb.
Appeal was determined by the number
of Google searches for property in the country in May 2014 and
price growth was measured in both the short term (six months) and long term (12 month) using data from Knight Frank's Global House Price I
price growth was measured in both the short term (six months) and long term (12 month) using data from Knight Frank's Global
House Price I
Price Index.
In
housing, there remains a wide gap between broad home
price indices and measures
of personal income, even adjusting for mortgage rates.
While the broad city - wide
house price indices have continued to rise in Sydney and Melbourne, their rate
of increase has clearly declined.
Statistics Netherlands publishes a monthly
house price index of existing own homes, those dwellings sold to a private person and intended for permanent residence by that private person.
None
of these three
price indices adjusts for improvement in the average quality
of houses through time.
The FHFA
index shows
house price appreciation accelerated to a seasonally adjusted annual rate
of 7.3 % in July.
The popular real estate
index, which tracks repeat sales
of identical single - family
houses as they turn over through the years, said San Diego home
prices had risen 7.4 percent in a year.
July's Consumer
Price Index painted a similarly weak picture, with respective monthly and annual gains
of 0.1 % and 1.7 % held back by moderating
housing costs and sharply lower cell phone charges.