Case Shiller - Articles

Chilly Weather Pulls Home Prices Down in November

Gene J. Puskar/AP By JOSH BOAK WASHINGTON -- U.S. home prices fell slightly in November as colder weather slowed buying, ending nine straight months of price gains. The Standard & Poor's/Case-Shiller 20-city home price index slipped 0.1 percent from October to November, partly reversing the previous monthly increase... Continue Reading »

Home Prices Surge in September as Pace of Gains Slows

LM Otero/AP By Rodrigo Campos NEW YORK -- U.S. single-family home prices rose in September and posted their strongest annualized gain in 7½ years, a closely watched survey said Tuesday. The S&P/Case-Shiller composite index of 20 metropolitan areas gained 0.7 percent in September on a non-seasonally adjusted... Continue Reading »

Home Prices Rise in August; Yearly Gain Best Since 2006

Justin Sullivan/Getty Images By Steven C. Johnson NEW YORK -- U.S. single-family home prices rose in August and also posted their strongest annual gain in more than seven years, a closely watched survey showed Tuesday. The S&P/Case-Shiller composite index of 20 metropolitan areas rose 0.9 percent on a seasonally... Continue Reading »

Case-Shiller: Home Prices Gain in July at Slower Pace

Steven Senne/AP By CHRISTOPHER S. RUGABER WASHINGTON -- U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains. The Standard &Poor's/Case-Shiller 20-city home price index reported Tuesday improved... Continue Reading »

Home Prices Heat Up in May as Pace of Gains Cools

Nick Ut/AP By Leah Schnurr NEW YORK -- U.S. single-family home prices rose in May, suggesting the housing market recovery continued during the spring buying season though the pace of gains cooled compared to the month before, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20... Continue Reading »

Home Prices Post Best Yearly Increase Since 2006

U.S. single-family home prices rose in January, starting the year with the biggest annual increase in 6½ years in a fresh sign that the housing market recovery remains on track, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 1 percent... Continue Reading »

September's Home Price Rise Shows Biggest Gain in 6 Years, CoreLogic Reports

By Christopher S. Rugaber WASHINGTON -- A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evidence of a sustainable housing recovery. The real estate data provider also said Tuesday that... Continue Reading »

Home Price Increase Exceeds Experts' Forecasts

NEW YORK -- U.S. home prices picked up in April for the third month in a row, the latest indication a recovery in the housing market is gaining traction. But in a sign of the struggles still facing the broader economy, separate data on Tuesday showed consumer confidence fell to its lowest level in five months in June as... Continue Reading »

Robert Shiller Q&A: Housing Sage Says Prices Could Drop Further

WASHINGTON -- He predicted the tech-stock collapse. He foresaw the housing bust. So naturally, everyone wants to know what Robert Shiller thinks of today's stock prices, now perched at a four-year high. Or about the direction of home prices. Keep your hopes in check. Shiller is disinclined these days to offer specific... Continue Reading »

Case Shiller: December Home Prices Dropped in Most Cities

WASHINGTON -- Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices. The Standard & Poor's/Case-Shiller home-price index shows prices dropped in December from November in 18 of the 20 cities tracked. The... Continue Reading »

Case-Shiller: Home Prices Fell in Most Major Cities

WASHINGTON - U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market. Prices dropped in November from October in 19 of the 20 cities tracked, according to the Standard... Continue Reading »

Case Shiller: Home Prices Slide in Most Major Cities

WASHINGTON - U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy and weigh on the broader economy in 2012. The Standard & Poor's/Case-Shiller index released Tuesday showed prices dropped in October from September in 19 of the 20 cities... Continue Reading »

Home Prices Stumble After 5 Months of Gains

WASHINGTON -- U.S. home prices are falling again in most major cities after posting small gains over the summer and spring, the latest evidence that the troubled housing market won't recover any time soon. The Standard & Poor's/Case-Shiller index released Tuesday showed prices dropped in September from August in 17 of... Continue Reading »

Latest Home Value Survey: Prices Up in Half of U.S. Cities

WASHINGTON -- Home prices rose in August in half of major cities measured by a private survey, a sign that prices are stabilizing in some hard-hit portions of the country. The Standard & Poor's/Case-Shiller index showed Tuesday that prices increased in August from July in 10 of the 20 cities tracked. That marked the... Continue Reading »

Case Shiller: Home Prices Up, But Don't Celebrate Yet

WASHINGTON -- Home prices rose for a fourth straight month in most major U.S. cities in July, buoyed by seasonal buying. But the housing market remains depressed, and prices are expected to decline in the coming months. The Standard & Poor's/Case-Shiller index released Tuesday showed home prices increased in July from... Continue Reading »

6 Good Reasons to Buy a Home Now

1. Prices have nearly hit bottom. In most areas, most of the excess has finally been wrung out of the market. But if you're buying a first home or looking to trade up, there's no need to rush. Although prices may fall some more -- blame foreclosures still working their way through the system and tighter credit -- they... Continue Reading »

Case Shiller: Home Prices Up for a Change

WASHINGTON -- Spring buying pushed home prices up for a third straight month in most major U.S. cities in June. But the housing market remains shaky, and further price declines are expected this year. The Standard & Poor's/Case-Shiller home-price index showed Tuesday that prices increased from May to June in 19 of... Continue Reading »

America's 10 Sickest Housing Markets (Slideshow)

For three years, the real estate market has been going in one direction -- primarily down. Some areas, however, have begun to recover. Recent S&P/Case-Shiller data show that among the top 20 housing markets in the U.S., 18 had very modest improvements in sales prices during May. Others, like Washington and Boston,... Continue Reading »

Case-Shiller Index: 3 Reasons to Blow It Off

We like to panic as much as the next homeowner, but reading the proclamations each month uttered by the Great Gods of Real Estate -- Case and Shiller -- is simply growing wearisome. Nobody really knows what to make of all the contradictory statistics and reports about home sales and prices that are released every few... Continue Reading »

New Home Sales Fall in June, on Pace for Record-Low Year

WASHINGTON -- Fewer people bought new homes in June, evidence that the housing market remains weak. Sales of new homes fell 1 percent last month to an annual rate of 312,000, the Commerce Department said Tuesday. That's less than half the 700,000 homes sold per year that economists say is typical in healthy markets. Last... Continue Reading »

Case-Shiller: Home Prices Rise for First Time in 8 Months

Home prices in major U.S. cities have risen for the first time in eight months, perhaps boosted by an annual flurry of spring buyers. The Standard & Poor's/Case-Shiller home-price index reported Tuesday that prices rose in 13 of the 20 cities tracked. Washington, D.C., saw the biggest price increase, followed by San... Continue Reading »

Case-Shiller: Why the Sky Isn't Falling

Count me among the unpanicked over the Standard & Poor's/Case-Shiller monthly housing index that shows housing values have dipped past a low set during the Great Recession. I'm not even getting goosebumps over the chilling words "housing double-dip." Nope. For the 70 million home-owning Americans who don't have a need... Continue Reading »

Home Prices Fall to 2002 Levels

The average price of a single-family home reached a new low in the first quarter and is now at 2002 levels, according to the Standard & Poor's/Case-Shiller index. The downturn is the most acute since prices began falling several years ago. The index fell 4.2 percent in the first three months of 2011, after declining... Continue Reading »

Singin' the Blues: Home Prices Set to Music

The latest Case Shiller Home Price Index may not be music to your ears, but it still sounds pretty good -- that is, when sung as music by a classically trained baritone. In the spirit of radio -- which, of course, can't show you the results in a graph -- the Planet Money team at National Public Radio had the February Case... Continue Reading »

Case Shiller Index Shows Housing Crisis Is Not Over

Home values are having a bad 2011 so far, despite hopes for a spring recovery. The S&P/Case-Shiller index of home values in 20 cities fell 3.3 percent in February 2011 from the same month a year earlier. Washington, D.C., was the only market covered by the index to post a year-over-year increase, 2.7 percent. In a more... Continue Reading »

Case Shiller: Home Prices Sink, Double Dip Looms

Home prices in 11 key markets reached new lows in the month of January, according to housing data released Tuesday, rekindling fears of a double dip in the housing market. Of the 20 housing markets surveyed by the S&P/Case-Shiller Index, only two metropolitan areas -- Washington, D.C., and San Diego-- posted... Continue Reading »

Housing Market Data Doesn't Tell the Whole Story

Over the past two weeks we have been bombarded with housing market data, much of it seemingly contradictory. • On February 15, the National Association of Home Builders released their Housing Market Index for February. The Index measures confidence among home builders, where 50 is neutral, higher is positive, and... Continue Reading »

Housing Crisis Hits Previously Healthy Cities

Maybe we are just getting immune to the housing crisis; to the news that homes are underwater in Phoenix and Florida; that all the "sand states" are in real estate hell; and that it costs less to buy than rent in Las Vegas, where 51 percent of the buyers are coming in with cash. But here's a shocker: Seattle, Chicago and... Continue Reading »

Home Prices Fall Further: Case-Shiller

Home prices are slouching lower from an already-low base, according to the latest Case-Shiller Home Price Indices, for November 2010. Indeed, eight of the metropolitan markets covered by Case-Shiller -- including Atlanta, Detroit, Miami and Las Vegas -- dropped to their lowest levels since their 2006 and 2007 market peak,... Continue Reading »

Case-Shiller: Home Prices Slump Across the Board

It may be a white Christmas, but all signs point to homeowners still treading in the red. Home prices in all 20 markets measured by the Case-Shiller Home Price Indices dropped in October, the latest month in which data was available. In fact, only the 10-City Composite and four metro areas, three of which are in... Continue Reading »

>

AOL RealEstate on Facebook