Tag: home prices U.S.

Home prices rose for a sixth consecutive month in July, with the S&P Case-Shiller US National Home Price Index reaching an all-time high, surpassing its previous record in June 2022. The index rose 0.6% from the previous month and 1% on a year-over-year basis....

Home prices in the United States are expected to become increasingly more unaffordable over the course of 2023 and 2024, the American Enterprise Institute (AEI) Housing Center has claimed. In its recent Housing Market Indicators report, the think tank estimated that home prices would...

The increased demand for homes coupled with depressed supply has caused U.S. home prices to get dangerously close to an all-time high. This was revealed in Redfin’s recent report about the state of the market for June. According to the report, the median home sale...

Home prices increased in April for a third consecutive month, data released on Tuesday showed. This signals that the housing market is on the path to recovery. The S&P CoreLogic Case-Shiller US National Home price index increased by 0.5% in April on a seasonally adjusted...

U.S. home prices increased for a second consecutive month in March, reflecting the sustained inventory shortage faced by buyers. This streak comes after seven consecutive months of price declines. The S&P CoreLogic Case-Shiller U.S. National Home Price index rose 0.4% in March. The index uses...

Despite average mortgage rates remaining above 6%, new home buyers are receiving lower rates, UBS homebuilders and building products analyst John Lovallo revealed. According to Lovallo, recent buyers who are purchasing newly built homes are paying mortgage rates of 5% or less - below the...