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Home prices surge in January after months of growth deceleration, data shows

Home prices surged in January ahead of the start of this year's spring homebuying season. Here's how homeowners can take advantage of their home's value. ....

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Home Prices Aren't Slowing Down (Yet)

Home price appreciation peaked in July with the FHFA House Price Index up 19.3% year-over year and the S&P CoreLogic Case-Shiller 20-City Index up 20.0%.  Both have come off the boil since then, but only slightly. Today brought the most recent update for both reports (through December).  Here are the relevant details: Monthly Home Price Change Case Shiller (national) +1.5% (1.2% previously) FHFA (national)  +1.2% (1.2% previously) Annual Home Price Change Case Shiller (20-City) +18.6% (18.3% previously) Case Shiller (national) +18.8 (18.8% previously) FHFA (national) +17.6% (17.6% previously) In other words, prices are showing a relatively relentless determination to maintain an upward trajectory.  As far as December's data is concerned, price growth has merely leveled off as opposed to having turned a ma ....

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Prices in 19 of 20 Case-Shiller Cities at All-Time Highs

Annual increases in each of the three S&P CoreLogic Case-Shiller indices slowed fractionally from October to November. However, the rate of appreciation in the House Price Index (HPI) produced by the Federal Housing Finance Agency (FHFA) increased slightly. Case-Shiller’s U.S. National Home Price NSA Index, which covers all nine U.S. census divisions, was 18.8 percent higher in November than 12 months earlier. The annual increase in October was 19.0 percent. The 10-City Composite’s annual gain was 16.8 percent, down from 17.2 percent the prior month while the 20-City Composite slowed from 18.5 percent in October to an 18.3 percent year-over-year gain. Phoenix, Tampa, and Miami held on to the top spot for annual appreciation among the 20 cities tracked.  Phoenix’s home prices rose 32.2 percent, leading the nation for the 30th consecutive month. It was followed by Tampa with a 29.0 percent gain and Miami at 26.6 percent. Miami narrowl ....

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