Gains

Single-Family Home Prices Had Price Gains in 82.4% of 221 Metro Areas in 2023 Q3

National median home prices rose by 1.1% compared to the previous quarter and 2.2% year over year to $ 406,900. www.nar.realtor – Research

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Almost 60% of Metro Areas Posted Q2 Home-Price Gains

The price dips many buyers were starting to enjoy could be gone in some regions before they even really got started. That’s according to the latest home-price figures released by the National Association of REALTORS® (NAR). According to the report, almost 60% of metro markets (128 out of 221) registered home-price gains in the second… […]

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Four in Five Metro Areas Notched Double-Digit Price Gains in Second Quarter of 2022

In Q2 2022, 80% of Metros Saw Double-Digit Price Rise Housing affordability declined as the monthly mortgage payment on a typical existing single-family home with a 20% down payment skyrocketed. Media Contact:  Troy Green 202-383-1042

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Home Price Gains Contract Slightly in April

As the housing market shifted under the weight of elevated mortgage rates and inflation in April, the most recent S&P CoreLogic/Case-Shiller Indices show that price growth for single-family homes in the U.S. experienced a mild acceleration. The organization revealed that home prices climbed 20.4% in April, slightly down from March’s 20.6%. All 20 cities saw […]

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Metro Area Wealth Gains as of 2021 Q2: Typical Gain of $349,000 Over 30 Years

Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. Housing wealth (equity) accumulation takes time, and is built up by price appreciation and paying off the mortgage. www.nar.realtor – Research

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December Home Price Gains Highest Since 2014; Glimmer of Hope in Bonds, But it Might be a Trap

Both the S&P CoreLogic Case-Shiller and The Federal Housing Finance Agency (FHFA) report that the country ended the year with more than a 10 percent annual increase in home prices. The Case-Shiller U.S. National Home Price Index, which covers all nine U.S. census divisions, showed a year-over-year gain of 10.4 percent in December while FHFA […]

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December Home Price Gains Shot Up 9% Annually

CoreLogic reports that December saw yet another acceleration in home price increases. The company’s Home Price Index (HPI) rose 9.2 percent on an annual basis. The increase in November was 8.2 percent. The month-over-month change, 1.1 percent, was also greater than the increase from October to November, 1.0 percent.  CoreLogic says the December data means […]

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Rates Surprisingly Steady Despite Market Drama; Home Price Gains Break 6 yr Record

Like many industries, housing finance has a superficial layer that’s fairly easy to understand for the average consumer. A person wants a home. They don’t want to pay cash. They get a loan. Lower rates = lower payments. The end. Shortly below that superficial layer of understanding, where a surprisingly high percentage of mortgage professionals […]

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