Archive for the 'Case-Shiller Index' Category
Case-Shiller Shows Home Price Improvement In 90% Of Cities
June 2nd, 2010 categories: Case-Shiller Index
Standard & Poors released its Case-Shiller Index Tuesday. The index is a monthly home valuation report from select cities and among the private sector’s most popular home pricing models.
In reviewing the April Case-Shiller Index and its accompanying analysis, it appears that the housing market’s rebound is gathering momentum.
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Knoxville Sales Are Up…
April 30th, 2010 categories: Case-Shiller Index, Home Price Index, Home Values, Market Trends, Pending Home Sales, Sellers
PRICES ARE STILL FLAT…WHY??
The Sales in the Knoxville Real Estate market have been up over the last few months. Mostly because of low interest rates and the tax credits that end today. But the prices remain flat and it is really just excess inventory that is coming off the market.It is going to take a major drop in the Knoxville real estate inventory before we see and increase in prices. Earlier this week, Standard & Poors released its February Case-Shiller Index, a home price tracker for select metropolitan areas.
Overwhelmingly, home values fell in the 20 markets tracked by the Case-Shiller. Only San Diego showed a modest increase. The other 19 markets averaged a 1.23 percent decline between January and February.
However, that’s not the story you read in the most papers. Instead, headlines read that home values were up in the United States, citing annualized data.
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Case-Shiller Shows Home Price Improvement In A Majority Of Cities Nationwide
March 31st, 2010 categories: Case-Shiller Index
Standard & Poors released its Case-Shiller Index Wednesday. The report shows that, on a seasonally-adjusted basis, between December and January, home prices rose in more than half of the index’s tracked markets.
The strength of this month’s Case-Shiller report, however, should be put in context.
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December 2009 Case-Shiller Data Shows Battered Markets In Bona Fide Recovery
February 24th, 2010 categories: Buyers, Case-Shiller Index, General, Market Trends, Sellers, Statistics
Using data compiled in December, Standard & Poors released its Case-Shiller Index Tuesday. The report shows home prices down just 2.5% on an annual basis, a figure much lower than the 8.7% annual drop reported after Q3.
According to Case-Shiller representatives, the housing market is “in better shape than it was this time last year”, but some of the summer’s momentum has been lost. 15 of 20 tracked markets declined in value between November and December 2009.
Meanwhile, it’s interesting to note the 5 markets that didn’t decline — Detroit, Los Angeles, Las Vegas, Phoenix and San Diego. Each of these metro regions were among the hardest hit nationwide when home prices first broke. Now, they’re leading the pack in price recovery.
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