Home Prices Case-Shiller
Home prices… today the Case-Shiller home price index of 20 major metropolitan areas was released. The index, the the. From April through May when unadjusted for seasonal factors showed a very slim 1% increase on average.When viewing this data, one should keep in mind that the. From mid-March through the end of August is typically the strongest seasonal marketing time for real estate. Read more 
San Diego Home Prices … Have They Hit Bottom?
In the just released Case-Shiller home price index, the leading measure of U.S. home prices, San Diego house values rose 0.4 percent in June compared with May, and 11.2 percent compared with June 2009.
This report showed the U.S. National Home Price Index rose 4.4% in the second quarter of 2010, after having fallen 2.8% in the first quarter. Nationally, home prices are 3.6% above their year-earlier levels. In June, 17 of the 20 MSAs covered by S&P/Case-Shiller Home Price Indices and both monthly composites were up; and the two composites and 15 MSAs showed year-over-year gains. Housing prices have rebounded from crisis lows, but other recent housing indicators point to more ominous signals as tax incentives have ended and foreclosures continue. Read more
Home Prices Rise in 18 of 20 Metropolitan Areas
home prices
According to the Standard & Poors Case-Shiller home price index, home prices rose 0.8% in April compared to March in 18 of the 20 metropolitan areas surveyed. This is the first monthly home price increase after six consecutive months of declines.
According to the index, home prices have moved up 3.8% in the last year. Read more
Home Price Index Drops
home prices
It was reported today that the Case-Shiller 20-city home price index fell 0.5% in March from February, but prices rose 2.3% from March 2009, which was the second straight year-over-year gain. Home prices have risen about 3% nationally from their April 2009 bottom, but they are still nearly 31% below their July 2006 peak.
Home Prices Mixed in February
Home Prices
The 10-City and 20-City Composites tracked as part of the S&P/Case-Shiller Home Price Indices showed improvements in February. For the first time since December 2006, the annual rates of changes for the two Composites were positive, although 11 of the 20 metro areas experienced year-over-year declines. Read more
Case-Shiller Home Prices Mixed
The S&P/Case-Shiller Home Price index in October rose in just seven of 20 cities. In the past year, prices are down 7.3% in the 20 cities. Prices in all 20 cities were lower in October 2009 than in October 2008. The figures are not seasonally adjusted.
Only seven of the 20 metro areas showed month-over-month improvement. The turn-around in home prices seen in the spring and summer has faded, according to S&P chief economist David Blitzer, who described the latest Case-Shiller data as flat.
As of October 2009, average home prices across the U.S. are at similar levels to where they were in the autumn of 2003.
Las Vegas was the only market that has not seen any improvement in 2009. Prices have declined for 38 consecutive months. Las Vegas is just 5% above its January 2000 level.
On the plus side, San Francisco has had seven consecutive months of positive returns; San Diego has reported six; and Los Angeles and Phoenix are close behind with five.