The S&P/Case-Shiller Home Price Index of 20 big metropolitan areas rose a seasonally adjusted 1.1% from February to March and 10.9% year-over-year. This is the largest monthly gain since April 2006. This is great news, but ‘old’ news. What happened in March doesn’t tell us about the future. Here’s what can.
In January, home prices rose in 19 of the 20 U.S. cities, falling only in New York, for the 12-month period ending in November. Home prices during the 12-month period ending January 2013 jumped closer to 10%, recording the largest annual leaps in both S&P Case-Shiller Home Price Indices in the past seven years.
WASHINGTON (MarketWatch) – U.S. home prices in July rose at the smallest monthly pace since March, as most cities tracked by a gauge from S&P/Case-Shiller saw slower growth. the fastest annual pace.
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· The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.5% annual gain in April, down from 3.7% in the previous month. The 10-City Composite annual increase came in at 2.3%, up from 2.2% in the previous month.
· The S&P|Case-Shiller home price index was up 12.2% over the previous year, which represents the biggest year-over-year jump in prices since March 2006. All 20 of the markets monitored in the index had higher prices than they did in April. Prices have increased every month since June 2012 and each month the increase has been.
U.S. single-family home prices rose in May, though the pace of gains cooled compared to the month before, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite. it was the.
· Case-Shiller home prices climbed 1.03% month-over-month in September, and were up 13.29% on the year.. This was also the biggest gain since February 2006. August’s numbers were revised down modestly, to show a 0.9% MoM rise, and a 12.8% YoY rise.. Chairman of the Index Committee at S&P Dow Jones Indices, in a press release.
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The average sales price on homes in the process of foreclosure or already owned by banks rose 7 percent in the second quarter from a year earlier, the biggest annual increase since 2006. The.