Reports from Fitch Ratings, New York, and Veros Real Estate Solutions, Santa Ana, Calif., forecast sharp declines in home price appreciation over the next year.
Tag: Home Price Appreciation
Veros: Home Price Appreciation Could Be Cut in Half
Veros Real Estate Solutions, Santa Ana, Calif., said its upgraded forecast calls for home price appreciation to fall to just half of its current rate over the next 12 months.
MBA Chart of the Week Sept. 7 2021: Home Price Appreciation, Average Loan Sizes
Home price appreciation continued to accelerate in the second quarter, driven by robust housing demand, which continues to outpace the supply of homes for sale. Some prospective home buyers have taken out larger loans, while others, such as first-time homebuyers or those looking for less expensive homes, have been priced out of the market.
MBA Chart of the Week Sept. 7 2021: Home Price Appreciation, Average Loan Sizes
Home price appreciation continued to accelerate in the second quarter, driven by robust housing demand, which continues to outpace the supply of homes for sale. Some prospective home buyers have taken out larger loans, while others, such as first-time homebuyers or those looking for less expensive homes, have been priced out of the market.
Housing Market Roundup: May 20, 2021
Here is a summary of recent housing and housing finance reports.
Cities in Western States Expected to Dominate Home Price Increases
Veros Real Estate Solutions, Santa Ana, Calif., released its Q1 2021 VeroFORECAST data that anticipates home price appreciation will increase significantly during the next 12 months in the 100 most-populated markets.
MBA Chart of the Week Mar. 5 2021: FHFA Purchase-Only Index
The rate of U.S. home-price appreciation continues to be driven higher by a combination of strong demand for housing and record-low housing inventory for sale. The Federal Housing Finance Agency’s most recent release showed the fourth quarter saw annual home-price growth of 10.9 percent –the strongest annual change on record. The previous high was an increase of 10.7 percent in third quarter 2005.
Forecasts See Little Letup in Home Price Growth, Despite Coronavirus
Reports from Veros Real Estate Solutions, Santa Ana, Calif., and Fitch Ratings, New York, said home prices will continue to climb, despite the coronavirus pandemic, well through 2021.
CoreLogic: U.S. Home Price Appreciation Jumps in August
Despite pandemic pressures, home prices increased 5.9 percent year-over-year in August, reported CoreLogic, Irvine, Calif.
Zillow: Home Value Growth Ends 21-Month Slowdown
First the good news: Zillow, Seattle, reported after a nearly two-year slowdown, year-over-year home value growth rose in February. The typical home value in the U.S. is now $247,084, a 3.9% increase from a year ago, according to the February Zillow Real Estate Market Report.