Home Price Reports: ‘Deceleration’ is Key Word

The S&P CoreLogic Case-Shiller Indices reported an 18 percent annual gain in June, still hot but well off the 19.9 percent pace in May. And the Federal Housing Finance Agency also reported deceleration in June, to 17 percent.

Home Price Appreciation Slows

House prices rose nationwide in May, but at a slower pace than in April, two home price indices reported on Tuesday.

Home Price Indices Flirt with 20% Annual Rate

The S&P CoreLogic Case-Shiller Indices showed annual home price appreciation at 19.8 percent; the Federal Housing Finance Agency House Price Index reported annual appreciation at 19.4 percent.

Home Prices Finish Year at Highest Rate of Increase in 34 Years

The S&P CoreLogic Case-Shiller Home Price Indexes finished 2021 with the single-highest rate of increase in 34 years of data-keeping. In a separate report, the Federal Housing Finance Agency said 2021 home prices rose by 17.5 percent.

Home Price Growth Continues to Slow (But Not by Much)

The good news for home buyers: home price growth continued to decelerate, according to reports last week from S&P Down Jones Indices and the Federal Housing Finance Agency. The bad news: home price growth maintains double-digit percentage annual growth that appears likely to continue well into 2022.