This morning,the S&P/Case-Shiller Index report for November was released showing US home prices decreased from the month before as well as the year before. The 10-city and 20-city composites fell by 1.3 percent each and the home price indexes were down 3.6 percent and 3.7 percent respectively from the year before. For a second consecutive month,19 of 20 cities covered by the indices also saw home prices decrease. [...]
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 | This morning,the S&P/Case-Shiller Index report for October was released showing US home prices decreased from the month before as well as the year before. The 10-city and 20-city composites fell by 1.1 percent and 1.2 percent respectively and the home price indexes were down 3.0 percent and 3.4 percent respectively from the year before. [...] This morning,the S&P/Case-Shiller Index report for August was released showing US home prices increased for the fifth consecutive month. Both the 20-city composite and 10-city composite home price index increased by 0.2 percent from the month before. The 10 city composite home price index was down 3.5 percent from a year ago and the 20-city composite was down 3.8 percent from a year ago. [...] Dennis Norman This morning,the S&P/Case-Shiller Index report for July was released showing US home prices increased for the fourth consecutive month. Both the 20-city composite and 10-city composite home price index increased by 0.9 percent from the month before. The 10 city composite home price index was down 3.7 percent from a year [...] Dennis Norman This morning,the S&P/Case-Shiller Index report for June was released showing US home prices increased for the third consecutive month however,average home prices in the U.S. are still about the same as they were over 8 years ago in early 2003. The report shows their 20-city composite home price index increased [...] Dennis Norman Today the Federal Housing Finance Agency (FHFA) reported that U.S. home prices rose 0.3 percent on a seasonally-adjusted basis from June to July and are down 4.2 percent for the past year. Many of the reports I’ve seen in the press on this are saying this is a sign of the housing [...] Today the S&P/Case-Shiller Home Price Indices report was released which showed the S&P/Case-Shiller U.S. National Home Price Index recorded a 14.9 percent deline in the second quarter of 2009 versus the 2nd quarter of 2008. While still a significant negative annual rate of return,this quarter is an improvement over the record decline of 19.1 percent [...] Today the S&P/Case-Shiller Home Price Indices report was released which showed that,although still negative,the annual rate of decline of the 10-City and 20-City Composites improved for the fourth consecutive month in 2009. The 10-City and 20-City Composites declined 16.8% and 17.1%,respectively,in May compared to the same month last year. These values are [...] By:Dennis Norman Today the S&P/Case-Shiller Home Price Indices report was released which indicated that home prices in the 20 metro areas they report were down 19% in January from a year ago. This drop in price is not surprising and only slightly higher than the 18.2% drop reported in December over the price year by [...] By:Dennis Norman Yesterday Standard &Poor’s released its S&P/Case-Shiller report for 2008 which shows record price declines for the year. The S&P/Case-Shiller report shows that nationally home prices dropped 18.2% in the 4th quarter of 2008 versus the 4th quarter of 2007 which represents the largest drop in the 21 year history of the [...] By:Dennis Norman I am not an economist and don’t have a PhD…in fact I think the closest I ever came to an academic course in economics was a business management class in high school. However,having said that,I think it is pretty clear that what is going on in the housing market now is [...] By:Dennis Norman If you live in Los Angeles California or Orlando Florida,then the answer unfortunately is yes. However if you live in St. Louis Missouri,Louisville Kentucky,Boston Massachusetts,Houston Texas,Greenville South Carolina or any of dozens of metropolitan areas around the country the answer is no. So why then, for the past 2 days has the [...] | ||||
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