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S&P Case-Shiller: December Home Price Growth Slows

March 2, 2023 by Michael Addison

Home price growth slowed in December according to the S&P Case-Shiller 20-City Home Price Index. Year-over-year home prices rose by 4.6 percent in December as compared to November’s reading of 6.8 percent growth. Rising mortgage rates caused home prices to dip as potential buyers delayed home purchases and demand for homes fell. Craig J. Lazzara, managing director of S&P Dow Jones Indices, said: “The prospect of stable, or higher mortgage rates means that mortgage financing remains a headwind for home prices, while economic weakness, including the possibility of a recession, may also constrain potential buyers. Mr. Lazzara concluded: “Given these prospects for a … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Home Prices

S&P Case-Shiller Home Price Indices: National Home Price Growth Slows in May

July 28, 2022 by Michael Addison

U.S. home prices rose in May, but at a slower pace. S&P Case-Shiller’s National Home Price index reported year-over-year home price growth of 19.70 percent in May as compared to April’s record year-over-year home price growth pace of 20.60 percent. Tampa, Florida led the 20-City Index with year-over-year home price growth of 36.1 percent; Miami, Florida followed with year-over-year home price growth of 34.0  percent. Dallas, Texas reported year-over-year home price growth of 30.8 percent. Minneapolis, Minnesota, Chicago, Illinois, and Washington, D.C. had the lowest rates of home price growth, but no cities in the 20-City Home Price Index reported declines in home … [Read more...]

Filed Under: Housing Market Tagged With: Case Shiller, Financial Reports, Home Prices

S&P Case-Shiller Home Price Indices: National Home Price Growth Slows in May

July 28, 2022 by Michael Addison

U.S. home prices rose in May, but at a slower pace. S&P Case-Shiller’s National Home Price index reported year-over-year home price growth of 19.70 percent in May as compared to April’s record year-over-year home price growth pace of 20.60 percent. Tampa, Florida led the 20-City Index with year-over-year home price growth of 36.1 percent; Miami, Florida followed with year-over-year home price growth of 34.0  percent. Dallas, Texas reported year-over-year home price growth of 30.8 percent. Minneapolis, Minnesota, Chicago, Illinois, and Washington, D.C. had the lowest rates of home price growth, but no cities in the 20-City Home Price Index reported declines in home … [Read more...]

Filed Under: Housing Market Tagged With: Case Shiller, Financial Reports, Home Prices

S&P Case-Shiller Home Price Indices: National Home Price Growth Slows in May

July 28, 2022 by Michael Addison

U.S. home prices rose in May, but at a slower pace. S&P Case-Shiller’s National Home Price index reported year-over-year home price growth of 19.70 percent in May as compared to April’s record year-over-year home price growth pace of 20.60 percent. Tampa, Florida led the 20-City Index with year-over-year home price growth of 36.1 percent; Miami, Florida followed with year-over-year home price growth of 34.0  percent. Dallas, Texas reported year-over-year home price growth of 30.8 percent. Minneapolis, Minnesota, Chicago, Illinois, and Washington, D.C. had the lowest rates of home price growth, but no cities in the 20-City Home Price Index reported declines in home … [Read more...]

Filed Under: Housing Market Tagged With: Case Shiller, Financial Reports, Home Prices

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