Strong local economies help power home price increases in NYC, Las Vegas

Sep 24, 2024
Prices in New York and Las Vegas both grew more than 8% last month, according to the Case-Shiller Index.
New York and Las Vegas were the two metro areas with home price growth over 8% in July.
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The housing market is a tale of two people: The buyer and the seller

Sep 26, 2023
Both the buyer and the seller have unrealistic expectations right now, while prices and mortgage rates are high.
"Sellers don’t want to take anything less than the peak," Daryl Fairweather of Redfin says. "Buyers are hoping it’s 2008,” says Michael Orbino of Compass.
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High mortgage rates, high demand, high home prices

Jun 28, 2023
The Case-Shiller National Home Price Index rose half a percent in April — a third-straight monthly increase.
The spike in mortgage rates has encouraged a lot of would-be sellers to stay put, putting a further squeeze on the housing market.
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Home prices are falling. That's good news for the Fed's fight against inflation.

Nov 29, 2022
September data shows they were still higher than a year earlier, though.
National home prices dropped 1% in September from the previous month — in tune with the Federal Reserve's hopes.
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The staying power of Case-Shiller, a marquee housing metric

Apr 6, 2022
It’s not the most timely home price indicator, but it does have advantages, including mapping prices over long periods.
Homes line a Southern California street in 2003. An approach for tracking house prices developed by economists Karl Case and Robert Shiller in the 1980s remains an important market indicator today.
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Rising mortgage rates and prices not raining on homebuilders' parade

Jan 19, 2022
The latest survey data shows that homebuilders have a positive outlook despite inflation and supply chain woes.
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National home prices reach record high

Aug 31, 2021
Home prices are now up 41% since 2006, before the housing market crash that zapped the economy.
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For public good, not for profit.

Are we in a housing bubble?

Jan 29, 2021
Prices are soaring, but economists expect market conditions to change.
Is the price surge a blip? Many economists say the market conditions behind it are temporary.
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Will home price growth keep slowing?

Aug 26, 2019
Lower mortgage rates change the buying equation.
A sign advertising a reduced price is seen in front of a home for sale in Richmond, California.
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In a slowing market, selling a house isn't easy

Nov 27, 2018
Prices are still going up, but slower than they have in almost two years, leaving realtors managing seller expectations.
 A 'For Sale' sign sits in front of a new home May 27, 2004 in Miami, Florida. 
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