Posts with tag house prices

By Jed Kolko In August, home asking prices rose 2.3 percent year over year, the largest annual jump reported yet by online listing service Trulia's Price Monitor and the largest year-over-year increase since before the recession. Excluding foreclosures, asking prices rose nationally 3.8 percent year over year. The... Continue Reading »

By Les Christie In a sign that the U.S. housing market is recovering, home prices rose for the second straight month in May, according to an industry report issued Tuesday. Home prices climbed 2.2 percent compared with a month earlier, according to the S&P/Case-Shiller 20-city home price index. Prices are still off... Continue Reading »

By Lauren Riefflin Zillow's May Real Estate Market Reports, released today, show national home values rose for the third month in a row, climbing 0.5 percent from April to May to a Zillow Home Value Index of $148,100. The good news continues at the local level as well: Of the 166 metropolitan areas covered by Zillow, 86... Continue Reading »

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 »

All those recent housing numbers -- most of them showing slipping values -- may not even be worth reading until we figure out what damage "foreclosure-gate" may have wrought on the industry. Yes, fall is traditionally one of the slowest real estate selling seasons; only the holidays are slower. But analysts in the mortgage... Continue Reading »

Everyone wants to know how quickly their house price will recover, now that we appear to be at or near the bottom of house prices. New data suggests that U.S. house prices will go up an average of 3.1 percent a year between now and 2020 -- but not everywhere. Moody's Analytics came to the conclusion using data regarding... Continue Reading »

Checking your home's value on websites has become an almost weekly obsession with many. That obsession is being fed by stories like one from The New York Times declaring that owning a home is no longer a way to build wealth. As long as you're not planning to move, you should stop worrying about the long-term value for... Continue Reading »

The National Association of Realtors tried to put a positive spin on the fact that the median house price is up by 1.5 percent year-over-year nationally in the second quarter of 2010. That sounds like good news. But remember, the second quarter included the mad rush to close sales before the end of the tax break. And many... Continue Reading »

Is a bottom in sight for home values? According to First American CoreLogicHome, prices may finally begin to rebound in the second half of this year. The information provider expects prices to decline another 0.9 percent nationwide before bottoming out later this year. If distressed properties are included in the... Continue Reading »