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Price-to-Rent Ratio, US: Year-over-Year 2015
The Case-Shiller National House Price Index increased 5.4 per cent year-over-year in December said the agency Tuesday. The year-over-year increase in prices is mostly moving sideways now around 5 per cent. In December 2015, the index was up 5.4 per cent. It has been almost ten years since the bubble peak. In the Case-Shiller release,…
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US Housing Starts Index, Home Sales: January 2016
US home building data for January showed declines for new home sales and housing construction said the National Association of Home Builders Wednesday. Builder confidence also declined but remains in positive territory. NAHB’s forecast is for continued, modest growth for single-family construction and a slowing of the growth rate for multifamily development in 2016. The…
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Home Price Index, US: December 2015
The Case-Shiller National Home Price Index, reported by S&P Dow Jones Indices Thursday, slowed to a 9.8 per cent seasonally adjusted annual growth rate in December, from 10.4 per cent in November. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate of 5.5 per cent in…
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FHFA and S&P/Case-Shiller US Home Prices in November: Nov 2015
The Case-Shiller National Home Price Index, reported by S&P Dow Jones Indices Monday, rose at a 10.9 per cent seasonally adjusted annual pace in November. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate of 6.7 per cent in November.
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US Real Estate Update
The data also shows that total housing inventory at the end of December dropped 12.3 per cent to 1.79 million existing homes available for sale, and is now 3.8 per cent lower than a year ago. Unsold inventory is at a 3.9 month supply at the current sales pace, down from 5.1 months in November…
