All posts tagged: Financial Report

Case Shiller: Home Prices Rise at Fastest Pace Since 2005

June 2, 2021 Financial Reports Comments Off on Case Shiller: Home Prices Rise at Fastest Pace Since 2005

March readings for S&P CoreLogic Case-Shiller Home Price Indices rose to their highest level since 2005 in March. National home prices rose by 13.20 percent year-over-year as compared to February’s reading of 12.00 percent growth. The Case-Shiller 20-City Home Price Index reported average year-over-year home price gains of 13.30 percent in March. Phoenix, Arizona continued to lead the 20-City Index with a year-over-year home price growth of 20 percent. San Diego, California followed with home price growth of 19.10 percent; Seattle, Washington reported year-over-year home price growth of 18.30 percent.

What’s Ahead For Mortgage Rates This Week – May 3, 2021

May 3, 2021 Financial Reports Comments Off on What’s Ahead For Mortgage Rates This Week – May 3, 2021

Last week’s economic reporting included readings from Case-Shiller Home Price Indices, data on pending home sales, and a statement from the Fed’s Federal Open Market Committee. The University of Michigan released its Consumer Sentiment Index and weekly reports on mortgage rates and jobless claims were also published.

What’s Ahead For Mortgage Rates This Week – April 26, 2021

April 26, 2021 Financial Reports Comments Off on What’s Ahead For Mortgage Rates This Week – April 26, 2021

Last week’s scheduled economic news included readings on sales of new and previously-owned homes and weekly reports on jobless claims and mortgage rates.

March Sales of Previously-owned Homes Dip; New Home Sales Rise

Sales of single-family homes fell in March as demand for homes exceeded availability. 6.01 million previously-owned homes were sold in March on a seasonally-adjusted annual basis; analysts expected a pace of 6.11 million sales based on February’s reading of 6.24 million sales of existing homes. The March reading for sales of pre-owned homes was 3.70 percent lower year-over-year and was the lowest sales pace reported since August 2020.

What’s Ahead For Mortgage Rates This Week – April 19, 2021

April 19, 2021 Financial Reports Comments Off on What’s Ahead For Mortgage Rates This Week – April 19, 2021

Last week’s economic news included readings from the National Association of Home Builders on housing markets along with Commerce Department readings on housing starts and building permits issued. Fed Chair Jerome Powell appeared on 60 Minutes. Weekly readings on mortgage rates and jobless claims were also released.

Case-Shiller: Phoenix Home Prices Hot, Hotter, and Hottest

April 1, 2021 Financial Reports Comments Off on Case-Shiller: Phoenix Home Prices Hot, Hotter, and Hottest

The S&P Case-Shiller National Home Price Index posted its highest gain in nearly 15 years with a year-over-year home price growth rate of 11.20 percent in January. The December 2020 National Home Price Index reported 10.40 percent home price growth. The S&P Case-Shiller 20-City Home Price Index reported 11.10 percent year-over-year growth with 19 of 20 cities reporting higher home prices. Cleveland, Ohio was the only city reporting no home price growth in January. Detroit, Michigan reported home price growth data for the first time in nearly a year.

What’s Ahead For Mortgage Rates This Week – March 8, 2021

March 8, 2021 Financial Reports Comments Off on What’s Ahead For Mortgage Rates This Week – March 8, 2021

Last week’s scheduled economic news included readings on construction spending and labor sector reports on public and private sector jobs. The national unemployment rate was published along with weekly readings on mortgage rates and jobless claims. Federal Reserve Chair Jerome Powell also spoke at a jobs summit.

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