The S&P CoreLogic Case-Shiller Home Price Index reported a 5.5% annual gain in December, up from 5% in November.
Tag: Prices
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Zillow: Monthly Mortgage Costs on Typical Purchase Down 1.5% in November
Zillow, Seattle, found in its latest market report that the monthly mortgage costs on a typical home purchase fell 1.5% from October to November–down from an October peak with costs up 9% annually and 120% over pre-pandemic rates.
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All Star Home: West Virginia Most “House Rich” State
All Star Home, Raleigh, N.C., sought to figure out what state is the most “house rich,” a status it defined as homeownership being dominant and homes being relatively affordable compared to the local median income. Per its analysis, West Virginia took the top spot.
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October New Home Sales Dip, But Outlook Brighter
HUD and the Census Bureau yesterday reported sales of new single‐family houses in October fell slightly but performed strongly compared to a year ago.