Last week’s economic reports included Pending Home Sales, Construction Spending and several reports on jobs and employment.
National Association of REALTORS – Sales of Pre-Owned Homes Dip
Sales of previously owned homes dropped in August by 4.80 percent on an annual basis for the first time in four months; the dip was likely caused by rising home prices. August sales were reported at a rate of 5.31 million; July’s rate was 5.58 million sales of previously owned homes.
Case-Shiller: Home Price Growth Slower in April
According to the Case-Shiller 20-City Home Price Index for April, home prices slowed from the March reading of 4.30 percent year-over-year to 4.20 percent year-over-year.
Case-Shiller: 20-City Home Price Index Hits 6 Month High
According to the Case-Shiller 20-City Home Price Index for February, month-to-month home prices increased by 0.50 percent from Januaryâs reading and achieved the highest year-over-year gain in six months. Analysts expected February home prices to increase by 4.80 percent.
S&P Case-Shiller: Home Price Growth Slows in 2015
According to the S&P Case-Shiller Home Price Index report for January, home prices grew by 4.50 percent year-over-year as compared to January 2014âs year-over-year price growth rate of 10.50 percent. This was the lowest rate of home price growth since 2012.
What’s Ahead For Mortgage Rates This Week – December 1, 2014
Last week’s scheduled economic events were packed into Tuesday and Wednesday, but several housing-related reports were released including the Case-Shiller National and 10-and 20-City Home Price Indices for September, The FHFA House Price Index also for September, and New and Pending Home Sales for October.
What’s Ahead For Mortgage Rates This Week – March 31, 2014
Last week’s economic news includes several reports about housing markets.
The S&P Case-Shiller 10 and 20 city housing market indices, the FHFA House Price Index, New Home Sales and Pending Home sales reports suggest that the national housing market continues to grow, but at lower rates.
What’s Ahead For Mortgage Rates This Week – March 17, 2014
Last week’s economic reports provided rays of light as compared to the recent slump in positive economic news.
With spring on the horizon, last week’s economic news showed welcome signs of growth.
What’s Ahead For Mortgage Rates This Week – March 10, 2014
Last week’s economic news included construction spending and the CoreLogic Home Price Index for January. Reports for February included ADP Employment, Non-Farm Payrolls and national unemployment data.
Case-Shiller Index Shows Near 6% Home Price Gain
Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010.