U.S. home prices surged 10.8 percent from Q4 2019 to Q4 2020, according to the Federal Housing Finance Agency House Price Index (FHFA HPI), released on Tuesday. Meanwhile, home prices also rose 3.8 percent between the third and fourth quarters of 2020.
Both metrics mark the greatest annual and quarterly increases in home prices since the FHFA began tracking the data.
“House prices nationwide recorded the largest annual and quarterly increase in the history of the FHFA HPI,” Dr. Lynn Fisher, deputy director of FHFA’s Division of Research and Statistics, said in a statement. “Low mortgage rates, pent up demand from homebuyers, and a limited housing supply propelled every region of the country to experience faster growth in 2020 compared to a year ago despite the pandemic. In particular, house prices in western states and cities saw the highest rates of growth, where annual gains often rose above 10 percent.”
Electric Vehicle Users Who Own Level 2 Chargers Happier Than Owners Of Level 1 Chargers, J.D. Power Finds
TROY, Mich.Feruary 4, 2021; Home charging is a significant part of the electric vehicle (EV)
1 ownership experience, with 88% of owners who say they charge their vehicle at home “often” or “always.” Overall home charging satisfaction is highest among EV owners who install a Level 2 permanently mounted charging station, with a score of 749 (on a 1,000-point scale), according to the inaugural J.D. Power U.S. Electric Vehicle Experience (EVX) Home Charging Study,
SM released today. The study measures EV owners’ satisfaction within three charging segments:
Hawaii tourism severely impacted by COVID-19 pandemic
January 28, 2021
Hawaii’s visitor industry continues to be severely impacted by the COVID-19 pandemic. In December 2020, visitor arrivals dropped 75.2 percent compared to a year ago, according to preliminary statistics released by the Hawaii Tourism Authority’s (HTA) Tourism Research Division.
This past December, a total of 235,793 visitors traveled to Hawaii by air service, compared to 952,441 visitors who came by air service and cruise ships in December 2019. Most of the visitors were from the U.S. West (151,988, -63.7%) and U.S. East (71,537, -66.8%). In addition, 3,833 came from Canada (-94.0%) and 1,889 visitors came from Japan (-98.6%). There were 6,547 visitors from All Other International Markets (-93.8%). Many of these visitors were from Guam, and a small number of visitors were from Other Asia, Europe, Latin America, Oceania, Philippines and Pacific Islands. Total visitor days declined 66.9 percent compared to De
November Home Prices Climbed at Highest Rate in Six Years Jan 26 2021, 10:12AM
The annual increases in U.S. home prices
is nearing dizzying levels. The November data from the Federal Housing Finance
Agency (FHFA)
crossed into double digits for the second consecutive month while
the months numbers from S&P CoreLogic Case-Shiller U.S. National Home Price
NSA Index came close.
The Case-Shiller index,
which covers all nine U.S. census
divisions,
gained 9.5 percent compared to the previous November. The annual increase
in October was 8.4 percent. On a seasonally
adjusted monthly basis the National Index rose 1.4 percent and was 1.1 percent
Insight Partners leads $95m round at Imperfect Foods: ‘Their unit economics are exceptional’ Grocery delivery firm Imperfect Foods has raised $95m in a Series D round led by Insight Partners and Norwest Venture Partners as it transitions from a regional delivery service focused on ‘ugly’ produce, to a national full-service grocer.
Founded in 2015 by Ben Simon and Ben Chesler with a mission to tackle food waste by delivering surplus or ‘ugly’ produce direct to consumers, San Francisco based
Imperfect Foods now carries a wide range of pantry staples from brands such as Vital Farms to Chobani, and has developed a sizeable private label collection spanning everything from off-sized eggs and scarred almonds to coconut milk, tortilla chips, olive oil and chia seeds.