Send Article via Email

- 20 City prices +0.9 Seasonally Adjusted, Vs +0.5 Forecast
- non-adjusted +0.2 vs -0.2 Forecast
- Year/Year +6.8 pct, most since July 2006

Data through December 2012, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that all three headline composites ended the year with strong gains. The national composite posted an increase of 7.3% for 2012. The 10- and 20-City Composites reported annual returns of 5.9% and 6.8% in 2012. Month- over-month, both the 10- and 20-City Composites move d into positive territory with gains of 0.2%; more than reversing last month’s losses. In addition to the three composites, nineteen of th e 20 MSAs posted positive year-over-year growth – only New York fell.

More from MND:

• Pipeline Press: Freddie's Non-Usage Fees; LO Comp, Land Sales, and Reg. E Tidbits - It's a Compliance World
• MBS Commentary: The Day Ahead: Recent Volatility Might be Logical
• MBS Commentary: MBS RECAP: Another Hopeful Morning Dashed by Defensive Reality
• Mortgage Rate Watch: Mortgage Rates Near 2013 Highs to Start Week
• MND NewsWire: MBA Highlights Opportunity For Private Capital Risk-Sharing With GSEs

If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.