S&P/Case-Shiller: Home prices rise 0.9%
· The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.5% annual gain in April, down from 3.7% in the previous month. The 10-City Composite annual increase came in at 2.3%, up from 2.2% in the previous month.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.5% annual gain in March, the same as the previous month. The 10-City.
The S&P/Case-Shiller U.S. National Home Price Index is a composite of single-family home price indices for the nine U.S. Census divisions. It is calculated monthly, using a three-month moving average. The S&P national index is normalized to have a value of 100 in the January 2000.
· ”Home prices continued to rise across the country with the S&P CoreLogic case-shiller national index rising at the fastest annual rate since June 2014,” said David Blitzer, S&P Dow Jones.
S&P/Case-Shiller home prices were up 0.88% month-over-month in November, in the 20-city index. And were up 13.71% on the year. This was in line with expectations for a 0.8% MoM rise and a 13.8%.
LPS: Foreclosure starts up 2.8% from one year ago Iowa AG seeks jail time for bad mortgage bankers Bosh’s premonition, a month before two of Cioffi’s funds blew up, struck a death knell for structured finance, the system Wall Street. By the time Donovan went to work for Credit Suisse in 2000,Existing Home Sales Down 2.8%. The National Association of Realtors reported that, nationally, sales of existing homes – which make up 85% of the housing market – fell 2.8% in January and were 5.2% below a year ago.
case-shiller national home price index.. home prices in the U.S. are on the rise, as lack of inventory and low interest rates help push prices upwards.. according to the S&P/Case-Shiller.
U.S. home prices edged up 0.9% in August as 19 of the 20 cities studied in the Standard & Poor’s/Case-Shiller index posted positive monthly gains from July.
· S&P/Case-Shiller home prices were up 0.88% month-over-month in November, in the 20-city index. And were up 13.71% on the year. This was in line with expectations for a 0.8% MoM rise and a 13.8% year-over-year rise.
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