Category Archives: Home Prices

Home Price Gains Slow in July

As they have for several months, home prices continued to gain in July, but at a slowing rate, according to the closely watched S&P/Case-Shiller Home Price Index in its latest, September report(see chart, which is seasonally unadjusted). On a seasonally adjusted basis, the composite index of … Continue reading

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Bubble, Bubble, Toil and Trouble…

Some experts now suggest the bubble is over. Is it finally a good time to buy a home? The perennial question has gained salience in this troubled economy. The answer depends, of course, on one’s view of home prices. Have they bottomed, or will they fall further? Continue reading

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Home Prices Rose Modestly in Second Quarter 2010

Broadly, across the country, home prices improved modestly in the Second Quarter of 2010. This was true against both the previous quarter, and against the same quarter a year ago. So stated the S&P/Case Shiller Home Price Index, in its latest, June report. Continue reading

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Did the Tax Credit Push Home Prices Down?

The tax credit certainly worked as intended to bolster home sales. Existing and new home sales, inventories and housing starts all showed big improvements in March and April — all the categories, that is, except home prices, which continued their month-to-month decline in most of the country. Continue reading

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New Home Sales Surge, with Boost from Tax Credit

A newsletter arrived in my in-box, today, with these manic pronouncements: The week ended on the most dramatically impressive new home sales numbers in 47 years. March’s 26.9% increase was the biggest monthly sales gain since 1963, taking us to … Continue reading

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Will Rising Mortgage Rates Further Dampen Home Prices?

The question has been raised by some bloggers as to whether rising mortgage rates, widely predicted, could further dampen home prices. The argument is that rising rates would shrink the pool of eligible buyers, thus weakening demand for homes. Continue reading

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Is This A Good Time to Buy a House? Part 1: Home Prices

Left:  Recent Home Price Trends – as Index % Change from Year Ago Right:  Historical Home Price Trends – as Index Monthly Levels (Jan. 2000 = 100) The Mortgage Bankers Association released data this week suggesting that the national tide … Continue reading

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