Home Prices Are Increasing

National home prices are expected to climb 0.6 percent in the next year,
according to the latest home price report by Fiserv Case-Shiller.  But over the next five
years, home prices are expected to rise 3.3 percent.

http://www.caseshiller.fiserv.com/fiserv-case-shiller-home-price-index-changes.aspx

 

Housing Prices Continue To Rise

Housing prices are up 7.4% nationally.

http://www.usatoday.com/story/money/business/2013/01/21/rental-housing-investors/1851187/

Housing Prices Report

Washington Post [Excerpts]

August 28, 2012

The three composites measured by the Standard & Poor’s/Case-Shiller home price index all increased for the first time since the summer of 2010. The national composite climbed 1.2 percent compared to the second quarter of 2011. The 10-city composite rose 0.1 percent during the same time period, and the 20-city composite edged up 0.5 percent. According to the report, home prices nationally are back to their early 2003 levels.

“Case-Shiller’s June numbers further affirm what other indices have already been showing, namely that the overall market is healing, albeit at a frustratingly slow pace,” Stan Humphries, chief economist at Zillow, said in a statement.

“Overall, the period of sustained home value declines is behind us…”

Signs of stability emerge in home prices

MSN Money

May 29, 2012

Signs of stability emerge in home prices

The Standard & Poor’s Case/Shiller Home Price Index of 20 cities for March fell 2.6% from a year ago, as expected by economists surveyed by Reuters, after a 3.5% decline in February. But month-over-month, home prices rose in most major U.S. cities for the first time in seven months, up a modest 0.09%.

Some markets, including Charlotte, Denver, Dallas and even Phoenix, saw prices gain on a year-over-year basis.

Prices hit new lows in Atlanta, Chicago, Las Vegas, New York and Portland, Ore.

There have been modest signs of improvement in recent reports on existing-home sales and housing starts.

Homebuilding stocks were generally higher. The Philadelphia Housing Sector Index ($HGX +1.26%) was up 3.14 points to 129.04.