Home prices fell faster in the first quarter of this year than at any time since the worst of the housing crisis according to the Real Estate Market Report released by Zillow. The Seattle firm's Home Value Index fell to $169,000, down 3 percent compared to the fourth quarter of 2009, the largest quarter...
Home prices across the nation improved for their fourth consecutive month in May but remain about 17% lower than one year ago, according to the S&P Case-Shiller Home Price Index. The 10-City and 20-City Composites are 16.8% and 17.1% lower, respectively, compared to May 2008. Historically, those...
The S&P/Case-Shiller Home Price Indices report shows some encouraging signs. Maureen Maitland, of Standard & Poor's, discusses the report in detail.
More evidence of a well-known trend emerged on Thursday when it was reported that U.S. house prices across the country continue falling as a result of foreclosure sales. Yet traditional logic in buying and selling is also taking its toll on prices, suggests a new survey from a New York City-based real...
The National Association of Realtors® ( NAR ) announced on Monday that it is launching a new campaign , reaching out to consumers "with the facts about homeownership and the value of real estate as a long-term investment." NAR's Public Awareness Campaign is centered around a new website, www.HousingMarketFacts...
The Office of the Chief Economist of Freddie Mac issued its monthly economic outlook for July on Monday and, in the narrative provided a helpful analysis of the reasons for the confusing messages emerging from various reports on current house prices. The outlook states the obvious; the housing market...
Freddie Mac seems to be seeking a little cover in its March 2007 Economic Outlook released late last week. These monthly forecasts always have a theme which the authors tend to torture relentlessly and this month it is the old adage - "In Like a Lion..." News about the housing market is likened to the...
The housing market threw the world another curve on Thursday. After five straight months of declining sales of existing homes, a sixth dreary month was pretty generally expected. Instead the National Association of Realtors announced that February sales of previously-owned homes had jumped 5.2 percent...
Posted to
MND NewsWire
by
Glenn Setzer
on
Mon, Mar 27 2006
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Filed under: housing bubble, NAR, home sales, home prices, national association of home builders, housing market, NAHB, condo sales, housing inventory, Commerce Department