Tuesday, July 31, 2012

House Price Index


Are Home Prices Rising? A Price-Index Primer
Wall Street Journal (blog)
The Case-Shiller index, along with two others, from CoreLogic and the Federal Housing Finance Agency, use what's known as a "repeat-sales model," which means they look only at how prices have changed for the same home over time. This provides a ...
See all stories on this topic »
Home prices rose in all major US cities in May
Kansas City Star
WASHINGTON -- Home prices rose in May from April in every city tracked by a leading index, a sign that increasing sales and tight inventories are supporting a modest housing recovery. The Standard & Poor's/Case-Shiller home price index released Tuesday ...
See all stories on this topic »
Home Prices in U.S. Fell Less Than Forecast in Year Ended May
Bloomberg
Residential real estate prices declined less than forecast in the year ended May, another sign that the housing market is on the mend. The S&P/Case-Shiller index of property values in 20 cities decreased 0.7 percent from May 2011, the smallest 12-month fall ...
See all stories on this topic »
US home prices rise for fourth month in May: S&P
Reuters
NEW YORK (Reuters) - U.S. single-family home prices rose for the fourth month in a row in May on a seasonally adjusted basis, suggesting the recovery in the housing market continued to gain traction, a closely watched survey showed on Tuesday. The S&P/Case-Shiller composite index of 20 metropolitan areas gained 0.9 percent in May on a seasonally adjusted basis, topping economists' expectations for a 0.5 percent gain. On a non-seasonally adjusted basis, prices fared even better, jumping 2.2 percent.
See all stories on this topic »
A Look at Case-Shiller, by Metro Area
Wall Street Journal (blog)
The composite 20-city home price index, a key gauge of U.S. home prices, was up 2.2% in May from the previous month and fell just 0.7% from a year earlier. Although prices continue to fall on ... House Passes Ron Paul's 'Audit the Fed' Bill132 Comments. 2.
See all stories on this topic »
Report: South Florida home prices rise in May
Sun-Sentinel (blog)
Case-Shiller tracks prices of the same house over time. Analysts say that's a better measure than releasing a median price for homes sold in a month, as local Realtor trade groups do. The index does not include condominiums and trails Realtor data by a ...
See all stories on this topic »

Sun-Sentinel (blog)
US home prices increase in May
Financial Times
While a swath of recent data has pointed to a loss of momentum in the US economy this year, the housing sector - which has been largely disconnected from the recovery in recent years - has begun to stabilise. Prices in the 20 largest US cities rose 0.9 per cent from April to May on a seasonally adjusted basis, the fourth straight monthly increase in the S&P Case-Shiller home price index. That was better than the 0.5 per cent economists had forecast following April's 0.7 per cent increase. "With May's data, we saw a ...
See all stories on this topic »
UK House Prices and Sales Falling as Olympic Effect Fails to... Effect
IPINglobal.com
According to Hometrack's house price index, which is one of the highest rated in the industry, house prices fell 0.1% in July, marking the first price drop in 7 months according to the report. Richard Donnell, the director of research at the firm, said: "The housing ...
See all stories on this topic »
Property rally not over, Mumbai at risk: Reuters Poll
Reuters India
MUMBAI/SINGAPORE (Reuters) - House prices in India, which have more than doubled in the past five years, will keep rising this year even as the economy slows although prices in the country's financial capital, Mumbai, look ripe for a fall, a Reuters poll showed on Tuesday. The first such survey of 19 ... "Unavailability of land, delays in project approvals and low floor space index (FSI) norms are constraining supply in certain markets, thereby affecting the ability of prices to settle at a more rational level." Unlike China ...
See all stories on this topic »
S&P/CS HPI Composite-20 falls less-than-expected
Forex Pros
Forexpros - The Standard & Poor's/Case-Shiller composite-20 house price index fell les

Housing Market Index


Home prices jump 2.2% in May
CNNMoney
... 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% compared with a month earlier, according to the S&P/Case-Shiller 20-city home price index.
See all stories on this topic »
Home prices rose in all major US cities in May
Huffington Post
WASHINGTON — Home prices rose in May from April in every city tracked by a leading index, a sign that increasing sales and tight inventories are supporting a modest housing recovery. The Standard & Poor's/Case-Shiller home price index released ...
See all stories on this topic »
Home price index shows gains in all 20 cities in May
USA TODAY
"The housing market seems to be stabilizing, but we are definitely in wait and see mode for the next few months," he said. The S&P/Case-Shiller monthly index covers roughly half of U.S. homes. It measures prices compared with those in January 2000 and ...
See all stories on this topic »

USA TODAY
US Home Prices Rise 2.2% in May
Wall Street Journal
U.S. home prices rose during May--the second straight month of improvement after a long streak of declines, according to Standard & Poor's Case-Shiller home-price indexes. During May, the Case-Shiller index of 10 major metropolitan areas and 20-city index each rose 2.2% from April. ... must continue throughout the summer and into the fall," said David Blitzer, chairman of S&P's index committee. "The housing market seems to be stabilizing, but we are definitely in a wait-and-see mode for the next few months.
See all stories on this topic »
Home Prices Rise for Second Straight Month
ABC News (blog)
"Moreover, all of the data that has come out in the two months since May indicates that the housing market is continuing to slowly heal," Humphries said. Although he expects the index will show monthly declines in the latter half of the year, Humphries said that ...
See all stories on this topic »
Portland metro home prices turn positive in May
OregonLive.com
"June data for existing home sales, new home sales, housing starts and mortgage default rates were a bit mixed, but all are better than their year-ago levels," said David M. Blitzer, chairman of S&P's index committee. "The housing market seems to be ...
See all stories on this topic »

OregonLive.com
Rising home prices show traction in housing recovery
Reuters
NEW YORK/WASHINGTON | Tue Jul 31, 2012 10:03am EDT. NEW YORK/WASHINGTON (Reuters) - Single-family home prices rose for the fourth month in a row in May when adjusting for seasonal swings, suggesting the recovery in the housing market continued to gain traction. ... The S&P/Case Shiller composite index of 20 metropolitan areas gained 0.9 percent in May on a seasonally adjusted basis, topping economists' expectations for a 0.5 percent gain. On a non-seasonally adjusted basis, prices fared even ...
See all stories on this topic »

Web3 new results for Housing Market Index
 
Alterra Home Loans Wells Fargo Housing Market Index | Alterra ...
According to the National Association of Home Builders (NAHB) and the Wells Fargo Housing Market Index (HMI), there is reason to feel good about the housing ...
www.alterrahomeloans.com/.../wells-fargo-housing-market-in...
What Will This Week's Housing Market Indicators ... - Certys Financial
In the past week the market digested five housing market indicators – the National Association of Home Builders' (NAHB) Housing Market Index, the MBA ...
www.certysfinancial.com/.../what-will-the-three-housing-mark...
Remodeling Market Index recedes slightly in second ... - Housing Zone
The second quarter results of the Remodeling Market Index (RMI) slipped under pressure from a softening labor market, according to the National Association of ...
www.housingzone.com/.../remodeling-market-index-recedes-s...

Rent Price Index


Rate cuts, rent hikes lure property investors
The Australian
"Approvals of apartments, typically instigated by investors, are at decade highs; if these volumes are sustained the lull in construction activity might be more short-lived than we thought," he said. Last week's consumer price index showed rents have been rising ...
See all stories on this topic »
Santa Monica Rent Control Ballot Measure Adopted
Santa Monica Mirror
6, the ballot measure would amend the City Charter to limit general adjustments for rent-controlled units to 75 percent of the annual percentage change of the Consumer Price Index (CPI) with a zero to six percent adjustment range. The Rent Control Board ...
See all stories on this topic »

Market Rent Index


Apartment Market Hot Streak Continues
Sacramento Bee
Majority report increased market tightness. The Market Tightness Index edged up to 76 from 74. For the first time in a year, more than half (55 percent) of respondents said that markets were tighter. By contrast, only 2 percent reported the markets as loosening ...
See all stories on this topic »
Apartment Market Hot Streak Continues
MarketWatch (press release)
For the sixth quarter in a row, the apartment industry improved across all indexes in the National Multi Housing Council's (NMHC) Quarterly Survey of Apartment Market Conditions. The survey's indexes measuring Market Tightness (76), Sales Volume (54), ...
See all stories on this topic »

Monday, July 30, 2012

Market Rent Index


Apartment market shows sign of a coming slowdown
Washington Post
This number is likely to remain flat or decrease in the coming months as the number of new projects being completed and entering the leasing phase jumps. As the rental market turns in favor of renters, rental growth is likely to slow and concessions will rise.
See all stories on this topic »

Housing Market Index


3 More Bullish Real Estate Charts
Seeking Alpha
The Chicago Fed National Activity Index and the ISM Manufacturing Index are two of the latest to disappoint. Yet the most recent data out of the real estate market keeps surprising to the upside. Yes – the real estate market! Here's a rundown on the latest ...
See all stories on this topic »
Euro Crisis Shaking Housing Market Foundation?
NASDAQ
The 20-city composite house price index rose 0.67 percent month-over-month in April and was down a less than expected 1.9 percent from a year ago. Prices increased relative to the previous month in 17 of the 20 cities surveyed. The results of the Institute of ...
See all stories on this topic »
Property market favours buyers
Ninemsn
The Commonwealth Bank's Home Buyers Index (HBI) for the three months to May 31 showed affordability had improved in many suburbs nationwide, with the most affordable states being Queensland and Tasmania. In the other states, the housing markets are becoming more and more buyer friendly. "In general, the property market across Australia for the May quarter 2012 offers good opportunities for home buyers," Commonwealth Bank general manager of home loans Clive van Horen said on Monday.
See all stories on this topic »
Buyer's market for housing, data shows
The Australian
The Commonwealth Bank's home buyers index (HBI) for the May quarter shows affordability improved in many suburbs. In Queensland and Tasmania, the number of homes for sale outweighed the number of active home ... "In general, the property market across Australia for the May quarter 2012 offers good opportunities for home buyers,'' Commonwealth's general manager of home loans Clive van Horen said today. The HBI measures the number of houses for sale, using figures from RP Data, compared with he ...
See all stories on this topic »
Change in median prices don't inform on housing market direction: RP Data ...
Property Observer
Changes in median house and unit prices don't "inform" on whether the housing market is rising or falling, says Rismark, joint compiler of the RP Data-Rismark Daily Home Value Index. Responding to a number of articles in the media, including one on ...
See all stories on this topic »
Apartment Market Hot Streak Continues
RealEstateRama (press release)
WASHINGTON, D.C. – July 30, 2012 – (RealEstateRama) — For the sixth quarter in a row, the apartment industry improved across all indexes in the National Multi Housing Council's (NMHC) Quarterly Survey of Apartment Market Conditions. The survey's ...
See all stories on this topic »
Home prices in surprise fall as Games factor fails to kick in
The Independent
According to Hometrack's survey, published today, prices slipped 0.1 per cent in July, the first negative index for seven months. Richard Donnell, the director of research at the firm, said: "The housing markets of London and the South East – areas that have ...
See all stories on this topic »

House Price Index



June house prices stand still
Mortgages.co.uk
Latest figures from Land Registry show property prices in England and Wales rose by the tiniest margin in June. House prices in England and Wales increased marginally in June, according to Land Registry's flagship House Price Index, which offers the most ...
See all stories on this topic »
Report shows increase in Dubai property prices
Select Property
Data has revealed that house prices in Dubai increased by almost two percent on a quarterly basis this year. The data from the Knight Frank Prime Global Cities Index states that the price of homes in the emirate grew by 1.8 percent in Q2 when compared with ...
See all stories on this topic »
The Case-Shiller Home Price Index Is On The Verge Of Turning Positive
Business Insider
The year-over-year (YoY) decline in Case-Shiller prices has been getting smaller all year, and the Zillow forecast suggests the YoY decline will be even smaller in the May report - and be the smallest YoY decline since the expiration of the housing tax credit.
See all stories on this topic »
House prices: The latest June quarter data may not lie, but it's rarely in agreement
Property Observer
Or just trying to work out whether you're buying something at or below the median price? It all depends on which housing data provider you choose to reference - they all use different methodologies to calculate their indexes and hence will never be in ...
See all stories on this topic »
WANTED: Journalists that understand statistics
The Economic Voice
The article referred to the Hometrack house price index, which to start with is not an especially great series. Hometrack, like Nationwide and Halifax, measure house prices at the 'mortgage approval' stage, rather than when contracts or exchanged or ...
See all stories on this topic »

The Economic Voice

Web2 new results for House Price Index
 
Calculated Risk: When will the Case-Shiller house price index turn ...
When will the Case-Shiller house price index turn positive Year-over-year? by Bill McBride on 7/29/2012 10:14:00 AM. The CoreLogic index turned positive ...
www.calculatedriskblog.com/.../when-will-case-shiller-house-p...
Government Home-Price Index Registers Gain - Real Time ...
U.S. home prices rose for the fourth-straight month in May, a sign of the gradual recovery in the housing market, according to a government home price index ...
blogs.wsj.com/.../government-home-price-index-registers-gain...

Sunday, July 29, 2012

House Price Index


Dubai house prices up 1.8% in Q2, says Knight Frank
CPI Financial
Sales prices across the emirate rose 1.8 per cent between March and June, the index showed. Prices rose 5.6 per cent over the past six months, the index said, adding that 12-month price growth stood at 2.3 per cent. The increase in prices put Dubai in 12th ...
See all stories on this topic »

Web1 new result for House Price Index
 
Zillow: U.S. home values have bottomed - Lansner on Real Estate ...
The Federal Housing Finance Agency's monthly House Price Index for May was up 3.7 percent vs. a year ago — fourth conseutive gain and the largest since ...
lansner.ocregister.com/?p=164963

Housing Market Index


Home construction market heating up, developers say
Longview News-Journal
The association said its Housing Market Index for July is the highest it has been since March 2007. "Builder confidence increased by solid margins in every region of the country in July as views of current sales conditions, prospects for future sales and traffic of ...
See all stories on this topic »
Value of prime properties in Dubai climbs 2% in Q2
MENAFN.COM
Dubai's residential property prices recorded a 5.6 per cent increase in the first half of the year, compared to the July-to-December period in 2011. On a year-on-year basis, prices were up 2.3 per cent, Knight Frank's Prime Global Cities Index has revealed.
See all stories on this topic »

MENAFN.COM
Zillow: Home industry's worst days are over
Chicago Daily Herald
According to the latest numbers from that better-known index, home prices rose in nearly all major U.S. cities in April from March, further evidence of a housing market that is slowly improving even while the job market slumps. Second-quarter data showed ...
See all stories on this topic »

Rent Price Index


AP rent hike 2nd highest in country, says statistics
Deccan Chronicle
If you stay on rent anywhere in Andhra Pradesh and feel your wallet shrinking a bit more every passing month, you could well be correct, according to the latest statistics. At 125.2 index points, the state's Consumer Price Index (CPI) for housing for June this ...
See all stories on this topic »

Thursday, July 26, 2012

House Price Index


Canada home price index at new record, but may cool
Reuters
Home prices hit record high, but signs of cooling seen. * June 7th straight month of slower year-on-year gains. * National prices up 5.4 pct from year earlier. By Andrea Hopkins. TORONTO, July 25 (Reuters) - Canadian home prices hit a third straight record ...
See all stories on this topic »
Canadian house prices set record again
Montreal Gazette
MONTREAL - Canadian home prices hit a third straight record high in June, but a slowdown in the pace of price increases suggested the red-hot housing market is cooling, the Teranet-National Bank Composite House Price Index showed on Wednesday.
See all stories on this topic »
Zillow: U.S. home values have bottomed
OCRegister
The Federal Housing Finance Agency's monthly House Price Index for May was up 3.7 percent vs. a year ago -- fourth conseutive gain and the largest since 2006. (FHFA math is based on using purchase prices of houses with mortgages that have been sold ...
See all stories on this topic »
Banks must lend again to aid house prices
Irish Independent
Secondly, with even those transactions that are occurring taking so long to complete, the CSO house price index in many cases reflects not what is now happening in the market but what was happening six or even nine months ago. Finally, the CSO index is ...
See all stories on this topic »
Calgary and Ottawa top country in price growth for repeat home sales
Calgary Herald
The Teranet-National Bank National Composite House Price Index, released Wednesday, said house prices in Calgary and Ottawa rose by 1.7 per cent in June from May. The index is estimated by tracking observed or registered home prices over time using ...
See all stories on this topic »
Housing Market Turns Corner; US Home Values Post First Annual Increase In ...
Huffington Post (blog)
The June Zillow Rent Index (ZRI) is up 5.2 percent from year-ago levels, and 68 percent of the 293 metropolitan areas covered by ZRI in this report experienced year-over-year gains. ... We, however, remain optimistic that low mortgage rates, high levels of affordability, rising rental prices, and slowly improving conditions in the overall economy will combine to keep the housing recovery on track, and we expect that both existing and new homes sales will continue to increase for the remainder of the year, being ...
See all stories on this topic »

Web1 new result for House Price Index
 
FHFA - Builder Review Daily
U.S. house prices rose 0.8 percent on a seasonally adjusted basis from April to May, according to the Federal Housing Finance Agency's monthly House Price ...
hbaofgreenville.blogspot.com/.../fhfa-house-price-index-up-0...

Wednesday, July 25, 2012

House Price Index


Canadian home price index rises to record in June
Reuters
TORONTO, July 25 (Reuters) - Canadian home prices rose in June from May, hitting a record high for the third consecutive month, the Teranet-National Bank Composite House Price Index showed on Wednesday. The index, which measures price changes for ...
See all stories on this topic »
FHFA House Price Index Up 0.8 Percent in May
Equities.com
U.S. house prices rose 0.8 percent on a seasonally adjusted basis from April to May, according to the Federal Housing Finance Agency's monthly House Price Index. The previously reported 0.8 percent increase in April was revised downward to a 0.7 percent ...
See all stories on this topic »
Canada June house price index +5.4% y/y vs +5.8% y/y prior
ForexLive (blog)
Canada June house price index +5.4% y/y vs +5.8% y/y prior. By Adam Button || July 25, 2012 at 13:00 GMT. || 0 comments || Add comment. The index from Teranet and National Bank: Prices rose 1.2% m/m in July. Share and Enjoy: RSS · Facebook · Twitter ...
See all stories on this topic »
Evidence Mounts: U.S. Real Estate Market Has Passed Bottom, Entered Recovery
Seeking Alpha
The Federal Housing Finance Agency (FHFA) released its monthly report Tuesday on U.S. home prices in May, based on its House Price Index (HPI) for houses financed or guaranteed by Fannie Mae or Freddie Mac. According to the FHFA, home prices ...
See all stories on this topic »
US Government Home Price Index Up 0.8% in May
Fox Business
The FHFA's index is calculated by using the prices of houses purchased with mortgages backed by government-controlled mortgage companies Fannie Mae (FNMA) and Freddie Mac (FMCC). A reading of 100 is equal to the price of homes in January 1991.
See all stories on this topic »
Welsh home prices up 2.4% year on year against the odds
Property Wire
The latest LSL Property Services/Academetrics index also shows that lower house prices in Wales have made it comparatively easier for first time buyers to get on the property ladder than their counterparts in England. The average price is now £152448 and ...
See all stories on this topic »

Property Wire
U.S. home price index rose in May
UPI.com
The agency's House Price Index tracks prices for homes with mortgages backed by either the Federal National Mortgage Association or the Federal Home Loan Mortgage Corp., better known as Freddie Mac and Fannie Mae. Recommended Stories ...
See all stories on this topic »
US Home Prices Rise 0.8 Percent in May
National Mortgage Professional Magazine
The FHFA monthly index is calculated using purchase prices of houses with mortgages that have been sold to or guaranteed by the government-sponsored enterprises (GSEs), Fannie Mae or Freddie Mac. For the nine census divisions, seasonally adjusted ...
See all stories on this topic »

Blogs1 new result for House Price Index
 
A Good Day for House Prices « Eye on Housing
By Robert Denk
The Federal Housing Finance Agency (FHFA) released monthly house price indexes for the US and the nine Census divisions for May today. Nationally, house prices rose 0.8% from April on a seasonally adjusted basis and 1.8% on an ...
Eye on Housing

Web5 new results for House Price Index
 
Previewing FHFA's House Price Index - Mortgage News Daily
Today the Federal Housing Finance Administration (FHFA) will release its House Price Index. Last month's report showed that home prices rose modestly, by 0.8 ...
www.mortgagenewsdaily.com/.../07242012-fhfa-house-prices....
Here Comes The FHFA House Price Index...
suburbs housing california E

Housing Market Index


Zillow reports that US housing market has turned a corner
Bizjournals.com
U.S. housing market has hit bottom and is turning the corner while Portland home values continue to rise, according to a new report by Seattle-based online real estate company Zillow Inc. The Puget Sound Business Journal reports that Zillow's (NASDAQ: Z), ...
See all stories on this topic »
Hong Kong shares have 3rd straight loss, weak property sinks China
Reuters
Chinese property developers sank as investors fretted about fresh signs suggesting Beijing could be taking more steps to curb rising housing prices. The Hang Seng Index closed down 0.1 percent, bouncing off the day's low at 18710.6 after European markets ...
See all stories on this topic »
Positive Housing News Keeps Rolling In
Wall Street Journal (blog)
The National Association of Home Builders reported its housing market index surged six points from a month earlier to 35, the highest level since March 2007. Existing Home Sales: This indicator actually showed some weakness in its most recent report.
See all stories on this topic »

Wall Street Journal (blog)
Housing Market Turns Corner; US Home Values Post First Annual Increase In ...
Forbes
Zillow's second quarter Real Estate Market Reports, released today, show home values increased 2.1% from the first to the second quarter of 2012 to $149300 (Figure 1). On an annual basis, home values rose 0.2% from June 2011 levels (Figure 2), marking ... The June Zillow Rent Index (ZRI) is up 5.2% from year-ago levels, and 68% of the 293 metropolitan areas covered by ZRI in this report experienced year-over-year gains. The rental market remains strong even as home values start to once again appreciate in ...
See all stories on this topic »

Forbes
FHFA And Zillow Report Housing Prices
Seeking Alpha
This increase follows a similar trend with other indexes and metrics for the housing market. The index is calculated using the purchase prices of homes with mortgages backed by Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB). The last monthly drop ...
See all stories on this topic »
U.S. Home Values Post First Increase Since 2007, Zillow Says
San Francisco Chronicle
The Zillow Home Value Index rose to $149300, a 0.2 percent increase from the second quarter of 2011, according to the property-data company. Residential values have gained for four months in a row, the Seattle-based firm said today. Of the 167 markets ...
See all stories on this topic »
US housing market lays new foundation
Globe and Mail
Home prices appear to have hit bottom and are starting to creep up nationwide. On Tuesday, a closely watched index from real estate firm Zillow Inc. revealed that U.S. home values increased 0.2 per cent in the second quarter from the same period a year ...
See all stories on this topic »

Globe and Mail

Blogs4 new results for Housing Market Index
 
Housing market may be rebounding | WTVR.com – Richmond News ...
By Chris Westfall
Last winter, Zillow projected that the housing market turnaround would not arrive until the end of the year. Other home price indexes have also recorded gains lately, including the S&P/Case-Shiller home price index. In it latest release, ...
WTVR.com – Richmond News &...
Housing Prices Rise in May - 24/7 Wall St.
By Paul Ausick
The Federal Housing Finance Agency (FHFA) reported this morning that U.S. home prices rose 0.8% month-over-month in May, following a downward revision of the April housing price index to a gain of 0.7%. For the 12-month period ending ...
24/7 Wall St. - Market Wire
CARPE DIEM: Evidence Mounts: U.S. Real Estate Market Has ...
By noreply@blogger.com (Mark J. Perry)
Evidence Mounts: U.S. Real Estate Market Has Passed Bottom and Entered a Period of Recovery. The Federal Housing Finance Agency (FHFA) released its monthly report today on U.S. home prices in May, based on its House Price Index ...
CARPE DIEM
Has housing hit a bottom? « Hot Air
By Ed Morrissey
"The trend raises the distinct possibility of housing price bubbles emerging in some of these hot housing markets." … While home prices on the Zillow index are improving most in formerly distressed markets, like Miami, Orlando and much of ...
Hot Air » Top Picks