One measure of U.S. home prices recorded a 4.1% annual gain in January, a slight increase from the December 2024 rate.
Tag: Home Prices
Home Price Growth Slows as Mortgage Rates Dip, Redfin Finds
The median U.S. home-sale price rose just 3.5% year over year during the four weeks ending February 23–the smallest increase since September–according to a new report from Redfin, Seattle.
CoreLogic Finds Annual Home Price Growth Stalls in October
Home prices rose just 0.02% in October, CoreLogic reported in its U.S. Home Price Insights report.
Nearly 90% of Metros Saw Home Price Gains in Second Quarter
Single-family existing-home sales prices rose in 89% of metro areas – 199 of 223 studied – in the second quarter, down from 93% in the previous quarter, the National Association of Realtors reported Wednesday.
Redfin: Home Prices Up or Flat in All Major American Metro Areas
Redfin, Seattle, reported the median home-sale price rose from a year earlier or stayed flat in all 50 of the most populous metro areas in the United States during the four weeks ended April 28.
Point2: Prices Have Doubled Over Decade in Many Large U.S. Cities
Point2, Saskatoon, Saskatchewan, recently released an analysis finding that prices have doubled in less than 10 years in 68 of the country’s largest 100 cities. Some, such as Detroit, have doubled at a significantly faster rate.
Fannie Mae Panel Upgrades Home Price Growth Outlook
A panel of housing experts expects annual national home price growth of 3.8% this year and 3.4% in 2025, according to the Q1 2024 Fannie Mae Home Price Expectations Survey.
Fannie Mae: Survey-High Share of Consumers Expect Mortgage Rates to Fall
Fannie Mae released its Home Purchase Sentiment Index for December, highlighting a 2.9-point increase to 67.2. That jump is primarily due to the survey-high 31% of consumers who believe mortgage rates will go down over the next year.
April Indexes Show Solid but Mixed Results for Home Prices
The Federal Housing Finance Agency’s seasonally adjusted House Price Index for April showed a 3.1% increase in home prices year-over-year, and a 0.7% increase from March.
Zillow: Housing Market ‘Firmly in Sellers’ Favor’ Amid Rising Demand, Low Supply
Zillow, Seattle, said housing market has tilted firmly back in favor of sellers, as steady demand met scarce inventory to drive up home values.