CASE-SHILLER HOME PRICES
Latest home price report from the Case-Shiller index
San Carlos Backyard Sunset
CASE-SHILLER home prices for their 20 city index were all up in the latest report released yesterday.
S&P Dow Jones Indices released the latest results for the S&P
CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released for January 2018 shows that home prices continued their rise across the country over the last 12 months. Read more 
Home Values Growth – Fastest Rate in Nearly Three Years
Home prices up at fastest rate in nearly three years!
Home Values Growth – Case-Shiller index sees fastest growth since mid-2014.
In just one word, HOT, describes the US residential housing market right now!
Sure, there are many out there right now for forecasting the US housing bubble, or in the very least, a topping out for the momentum in the housing market. But, according to the latest S&P/Case-Shiller 20-city index report, it would seem that these negative forecasters are 180° off base! the latest S&P Case-Shiller 20 city index was up 5.7% when compared to the same time period last year. Read more
Home Prices Fall Again in April
Home Prices
Standard & Poor’s Case-Shiller index of 20 major cities fell 18.1 percent in April. The good news was that the April home prices marked the third straight month the decline was not a record. Eight of the 20 metro areas tracked in this report showed price gains from March.
Robert Shiller said:
“My guess would be that home prices are going to level off — they’re not going to keep falling. I am not optimistic that we’re going to see any sharp rebound.â€
One should note that the Case-Shiller 20-city index is off almost 33 percent from its peak in the second quarter of 2006. This equates to home values around 2003-levels.
Home Values Fall 18% in October
The Standard & Poor's/Case-Shiller 20-city housing index dropped a record 18 percent from October last year. This is the largest drop for the index since its inception in 2000. The smaller 10-city index also tumbled 19.1 percent, its biggest decline in its 21-year history.
Both of these indices have recorded year-over-year declines for 22 straight months. None of the 20 cities in the Case-Shiller index saw annual price gains in October — for the seventh consecutive month — and 14 of them posted record year-over-year declines.
Three metro areas with the largest drops were Phoenix with almost a 33% drop, Las Vegas with nearly a 32% fall, and San Francisco witha 31% decline.
Also today, the Conference Board's Consumer Confidence index dropped to 38 in December from a revised 44.7 in November, well below the expectation of 45 of economists surveyed by Thomson Reuters.
Recent prior related posts:
Home Prices Plunge in 3rd. Quarter