Many of you have heard of Rober Shiller and his Case-Shiller housing index for the Dow. Here is the latest report: According to this analysis many markets are still poised to fall further. This is an average view and may not apply to every region or neighbourhood (ie: luxury or high-end). And if you are [...]
Posts under ‘index’
Road to recovery: Local housing market showing signs of strength
Both the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and the NATIONAL ASSOCIATION OF REALTORS® (NAR) released monthly housing reports this week. However, each report told a different story about the housing market. Nationally, home sales declined but in California home sales rose 14.1 percent in May compared with April and 1.2 percent compared with April 2009. [...]
California’s median home price up 21 percent in April from a year ago
California’s median home price up 21 percent in April from a year ago California’s median home price—the point at which half of homes sold for more and half for less—rose 21 percent in April compared with a year earlier, but sales of existing, single-family homes declined 8.1 percent, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ [...]
Fast Facts: California
Calif. median home price: March 2010: $301,790 (Source: C.A.R.) Calif. highest median home price by C.A.R. region March 2010: Santa Barbara So. Coast $890,000(Source: C.A.R.) Calif. lowest median home price by C.A.R. region March 2010: High Desert $122,970 (Source: C.A.R.) Calif. First-time Buyer Affordability Index – Fourth Quarter 2009: 64 percent (Source: C.A.R.) Mortgage rates [...]
Case Shiller Index improves in fourth quarter
Home prices declined slightly in the fourth quarter of 2009, but the rate of return improved compared with the third quarter, according to the S&P/Case-Shiller U.S. National Home Price Index, released yesterday. The index, which covers all nine U.S. census divisions, recorded a 2.5 percent decline in the fourth quarter of 2009 compared with the [...]
Fast Facts
Calif. median home price: January 2010: $287,440 (Source: C.A.R.) Calif. highest median home price by C.A.R. region January 2010: Santa Barbara So. Coast $760,000(Source: C.A.R.) Calif. lowest median home price by C.A.R. region January 2010: High Desert $124,480 (Source: C.A.R.) Calif. First-time Buyer Affordability Index – Fourth Quarter 2009: 64 percent (Source: C.A.R.) Mortgage rates [...]
Builder Magazine: The 20 Healthiest Housing Markets for 2010
Housing economists have long held that the housing rebound, when it comes, will be uneven. The markets that benefit first will be the ones with the strongest core dynamics; places where house prices never got out of hand, cities where a diverse and progressive employment base drives job creation, towns that continue to draw population [...]
Tuesday Feb 23, 2010 Market Update
Stocks fell this morning as better than expected retail earnings were weighed against mixed housing data and sharply lower consumer confidence levels. The Case-Shiller Home Price Index showed a slowing in the year-over-year decline in housing prices. The data showed a broad stabilization in housing prices, but the progress was uneven across the country. Consumer [...]
