Home price growth slowed in December according to the S&P Case-Shiller 20-City Home Price Index. Year-over-year home prices rose by 4.6 percent in December as compared to November's reading of 6.8 percent growth. Rising mortgage rates caused home prices to dip as potential buyers delayed home purchases and demand for homes fell.
What’s Ahead For Mortgage Rates This Week – February 21, 2023
Last week's economic news included readings on housing markets, inflation, retail sales, and data on housing starts and building permits issued. Weekly readings on mortgage rates and jobless claims were also published.
S&P Case-Shiller Home Price Indices: Home Prices Fall In November
U.S. home prices continued to fall in November according to S&P Case-Shiller's month-to-month national and 20-city home price indices, but home price growth rates remained in positive territory year-over-year. The national home price index posted a 7.70 percent year-over-year home price growth rate as of November 2022.
What’s Ahead For Mortgage Rates This Week – January 30, 2023
Last week's economic reporting included readings on new and pending home sales, inflation, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.
What’s Ahead For Mortgage Rates This Week – November 14, 2022
Last week's scheduled economic news included readings on monthly and year-over-year inflation and the University of Michigan's preliminary reading on consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.
What’s Ahead For Mortgage Rates This Week – October 31, 2022
Last weekâs economic news included readings on home prices from S&P Case-Shiller home price indices along with sales of new homes and federal government data on inflation. Weekly readings on mortgage rates and jobless claims were also released.
S&P Case-Shiller Home Price Indices: U.S. Home Price Growth Slows in August
U.S home price growth slowed for the second consecutive month in August according to S&P Case-Shiller's national home price index. National home price growth fell by -9.8 percent year-over-year as compared to July's year-over-year reading of -5.3 percent. Home price growth slowed by -1.1 percent month-to-month from July to August.
What’s Ahead For Mortgage Rates This Week – October 24, 2022
Last week's economic reporting included readings from the National Association of Home Builders on national and regional U.S. housing markets. The National Association of Realtors(R) reported on sales of previously-owned homes, and the Commerce Department released readings on building permits issued and housing starts. Weekly readings on mortgage rates and jobless claims were also released.
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