December Case-Shiller Forecast: Expect Slightly Slower Monthly Growth
The November S&P Case-Shiller (SPCS) data published today showed home prices rising on a seasonally-adjusted monthly basis, with month-over-month rises of 0.9 percent for all three headline indices. The December Case-Shiller forecast predicts similar, if slightly slower, monthly appreciation going forward (seasonally adjusted).
November Case-Shiller: Another Month of 5 Percent-Plus Growth
This morning, all three of the S&P/Case-Shiller Home Price Indices showed annual home price growth above 5 percent in November. The November Case-Shiller data echoes a similar increase in October.
December Market Report: Expect Rental Growth to Cool in 2016, But Affordability Problems to Remain
For the past few years, a major theme in housing has been rapid rental growth, and the largely negative impacts that is having on the housing market on everything from homeownership rates to affordability. But over the next year, there is – some – relief in sight.
Rapid Reaction: December Existing Home Sales
December existing home sales were up big, but it’s important to keep things in context. After a positive start to the year, existing sales in the second half of 2015 were roughly flat. And December’s big gain follows an almost equally large drop in November.
November Market Report: How Much Would It Cost to Buy Every Home in America?
Got a spare $28.4 trillion lying around? If so, and if you’re looking for a decent investment opportunity, you could – at least theoretically – purchase every home in the United States.
Q3 2015 Negative Equity: Still Coming Down, Still Messing Things Up
The U.S. negative equity rate – the share of mortgaged homeowners that are underwater, owing more on their home than it is worth – fell to 13.4 percent in the third quarter, from 14.4 percent in Q2 and 16.9 percent a year ago. The national negative equity rate has fallen or stayed flat for 14 straight quarters after peaking in the first quarter of 2012 at 31.4 percent
Rapid Reaction: October New Home Sales
October new home sales recorded a much larger than expected monthly gain in October, the third straight month new home sales and existing home sales moved in opposite directions.
Case-Shiller Forecast Calls for Similar Annual, Monthly Gains in October
The October Case-Shiller forecast predicts 0.4 percent MoM growth in the 10- and 20-City Indices (SA) and a 0.8 percent monthly gain in the national index.
