Tag: home prices

Home Price Appreciation Slows in November

Filed in Economics by on January 29, 2019 0 Comments
Home Price Appreciation Slows in November

Home appreciation increased by 5.2% in November, down from 5.3% the previous month, according to the latest S&P CoreLogic Case-Shiller National Home Price Index released today.

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Small Rise in Home Prices and Mortgage Rates Has Big Effect on Affordability

Filed in Economics by on January 8, 2019 4 Comments
Small Rise in Home Prices and Mortgage Rates Has Big Effect on Affordability

It only takes a small uptick in home prices and mortgage rates to price more than 1 million potential home buyers out of the market for a median-priced home. For example, $1,000 might sound insignificant when compared to the overall price of a new home. But that relatively small amount has a surprisingly big impact on affordability.

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Housing Prices — Slowing to Sustainable Growth

Filed in Economics by on July 1, 2015 0 Comments

In a Eye on Housing analysis of the latest monthly home price data by the Federal Housing Finance Agency and the Case-Shiller U.S. Home Price Index, NAHB economist Jing Fu observes that the median sales price of new and existing single-family homes tells a similar story: rapid acceleration during the housing boom, sharp declines during the bust and steady recovery since 2012.

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Where are Home Prices Headed?

Filed in Economics, Housing Trends by on April 8, 2015 1 Comment
Where are Home Prices Headed?

Nationwide home prices rose registered annual growth of 4.5% and 5.1%, respectively, according to two major indices. Meanwhile, most mortgage executives and a plurality of consumers believe that prices will continue to rise this year, according to a recent national survey.

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New NAHB Study: How Fees Force Buyers Out of the Market

New NAHB Study: How Fees Force Buyers Out of the Market

Each $1,000 increase in the cost of a new home price forces 206,000 prospective buyers out of the marketplace, according to a new study from NAHB Economics. The number of households affected varies across states and metro areas and largely depends on their population, income distribution and new home prices. Among the states, the number […]

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New Home Prices by Metro Area and State

Filed in Economics, Housing Trends by on July 23, 2014 0 Comments
New Home Prices by Metro Area and State

In response to frequent requests from our members, NAHB Economics recently released its estimates of new single-family home prices by state and metro area. The most expensive new single family homes are built and sold in three Northeastern states: Connecticut, Massachusetts and New York – with their respective median new single-family home prices of $491,425, […]

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Catch Me If You Can

Filed in Economics, Housing Trends by on June 26, 2014 0 Comments
Catch Me If You Can

House prices grew by 10.8% between April 2013 and 2014, according to the S&P/Case-Shiller 20-City Composite Home Price Index, which was less than the 12-month growth rate of 12.4% seen in March.

On a seasonally-adjusted monthly basis the 20-City Composite index increased by 0.2%.

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Builder Confidence Slips One Notch in January

Filed in Economics by on January 16, 2014 0 Comments

Builder confidence in the market for newly built, single-family homes fell one point to 56 in January from a revised December reading of 57 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. “Following an unexpected jump last month, builder confidence has essentially leveled out and is holding at a […]

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