Home Prices Rise – Best In Six Years
Home Prices Rise
In a report just released today by a private real estate data provider, US home prices were shown to have increased by 4.6% in August 2012 versus August 2011! This year over year increase marks the largest such increase in US home prices in more than six years! Read more 
Home Prices End 2011 Down
Home Prices
Home prices
Today, the much awaited S&P/Case Shiller composite index of 20 metropolitan areas was reported. Today’s report showed that this index declined 0.5 percent on a seasonally adjusted basis, after falling 0.7 percent in November.
The 20-city index fell to it’s lowest level since January 2003. Read more
Home Prices Down Again
Home Prices
Real estate market condition
home prices
The just released Standard & Poor’s/Case-Shiller index showed home prices dropped in October from September in 19 of the 20 cities tracked! This marks the second month in a row that home prices fell in the majority of cities tracked in this report.
This report also showed that home prices in Atlanta, Las Vegas fell to their lowest points since the housing crisis began.
Home prices in many cities, including Cleveland, Detroit, Las Vegas, Phoenix and Tampa, have reached their lowest points since the housing bust began. Read more
Home Values Drop – Case-Shiller index
Home values drop in most US cities in most recent Case-Shiller index report
Home Values
Home prices dropped in September from August in 17 of the 20 cities tracked by the Case-Shiller Index. The biggest monthly price declines were in Atlanta, San Francisco and Tampa (Florida) . Also, home prices in Atlanta, Las Vegas and Phoenix fell to their lowest points since the housing crisis began four years ago.
The only three cities in the index to show any home value increases were in New York, Portland (Oregon) and Washington.
A few of reasons why the home values continue to slide: 1) home prices are still too high in many areas, 2) people have little money to spend, 3) fear – home prices can and will likely go lower, 4) uncertain labor market – people are in staying in a safe mode and saving.
Home Prices Up
home prices
Home prices up for third month in a row
The Standard & Poor’s case Shiller report for the 20 largest cities in the US showed that prices increased in 19 of the 20 cities track. the report showed that prices rose 3.6% for the April through June quarter when compared to the prior quarter. One should keep in mind that this price increase was not adjusted for seasonal trends. this is very important because after the prior 12 months of reported home price increases were adjusted for seasonal trends, they were all down. Read more
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
S&P/Case-Shiller Home Price Index Falls
San Diego real estate agent
S&P/Case-Shiller Home Price Indices report was just released this morning. Unfortunately, it seems to indicate that home prices have still not hit bottom. Though, the decline in home prices seems to be slowing, which is a good sign. For April 2011, the Case-Shiller index registered a decline of 4% from March 2010. This April reading is the lowest reading since November 2010. Read more
Home Prices – Home Sales Drop
The National Association of Realtors (NAR) just reported that existing-home sales slipped in April, although the market has managed six gains in the past nine months.
The national median existing-home price for all housing types was 5.0% below April 2010 prices. Distressed homes accounted for 37% of sales in April, down from 40% in March; they were 33% in April 2010.
Single-family home sales slipped 0.5% to a seasonally adjusted annual rate of 4.42 million in April from 4.44 million in March, and are 12.6% below the 5.06 million pace in April 2010. The median existing single-family home price was 5.4% below a year ago. Read more
Real Estate Market Double Dip
According to the S&P/Case-Shiller index of home prices in 20 cities, home values are down 32% from their peak set in May of 2006.
S&P/Case-Shiller just reported that February home prices sank 3.3% to just above the post-crisis lows reached in April 2009. It was the seventh straight month of declines.
The only housing market in the 20 cities followed, only Washington recorded a price increase from last year of 2.7%. Read more
San Diego Home Price Appreciation Eases
San Diego home prices
San Diego home prices slow down in August according to the S&P/Case-Shiller Home Price Indices. Annual growth rates slowed down in the three California cities, with Los Angeles, San Diego and San Francisco posting annual gains of +5.4%, +6.9% and +7.8%, respectively – a significant drop from the +7.5%, +9.3% and +11.2% reported for July.
Seventeen of the 20 cities and the Composites saw a weakening in year-over-year figures, as compared to July.
With August data, we find that 15 of the 20 MSAs and both Composites saw prices fall from their July values. Chicago, Detroit, Las Vegas, New York and Washington DC were the only five cities that recorded margina l improvements in home prices over July. The 10- and 20-City Composites were down 0.1% and 0.2%, respectively, in August versus July.
The table below summarizes the results for August 2010. The S&P/Case-Shiller Home Price Indices are revised for the 24 prior months, based on the receipt of additional source data.
| August 2010 | August/July | July/June | |||
| Metropolitan Area | Level | Change (%) | Change (%) | 1-Year Change (%) | |
| Atlanta | 109.09 | -0.8% | 0.3% | -2.0% | |
| Boston | 158.35 | -0.3% | 0.6% | 1.5% | |
| Charlotte | 116.60 | -0.4% | -0.2% | -3.4% | |
| Chicago | 126.70 | 0.4% | 1.0% | -2.9% | |
| Cleveland | 107.00 | -0.3% | 0.0% | -0.4% | |
| Dallas | 119.41 | -1.1% | -0.3% | -1.7% | |
| Denver | 128.57 | -0.1% | -0.4% | -1.2% | |
| Detroit | 71.54 | 0.5% | 1.6% | -0.1% | |
| Las Vegas | 101.03 | 0.1% | -0.8% | -4.5% | |
| Los Angeles | 175.55 | -0.4% | 0.3% | 5.4% | |
| Miami | 147.47 | -0.3% | 0.7% | -1.0% | |
| Minneapolis | 126.53 | -0.3% | 0.7% | 2.9% | |
| New York | 175.27 | 0.2% | 1.2% | 0.1% | |
| Phoenix | 108.84 | -1.3% | -0.6% | 0.4% | |
| Portland | 147.02 | -0.9% | -0.3% | -2.3% | |
| San Diego | 163.99 | -0.6% | 0.7% | 6.9% | |
| San Francisco | 142.83 | -0.3% | 0.5% | 7.8% | |
| Seattle | 145.93 | -0.8% | 0.1% | -2.4% | |
| Tampa | 137.53 | -0.5% | -0.2% | -4.1% | |
| Washington | 188.26 | 0.3% | 1.0% | 4.8% | |
| Composite-10 | 162.13 | -0.1% | 0.8% | 2.6% | |
| Composite-20 | 148.59 | -0.2% | 0.6% | 1.7% | |
| Source: Standard & Poor’s and Fiserv | |||||
| Data through August 2010 | |||||