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Dec 27 2022
News
Home Prices Fell in October for Fourth Straight Month
Home prices declined in October from the previous month as higher mortgage interest rates continued to weigh on home-buying demand.
The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, fell 0.5% in October compared with September, the fourth straight month-over-month decline.
On a year-over
Wall Street Journal (News)
Jul 21 2022
Headline Roundup
Home Prices Hit All-Time High Despite Falling Sales
Home prices in the U.S. hit a new all-time high in June.
The median home price was $416,000 last month, up 13.4% from a year ago, according to the National Association of Realtors (NAR). Meanwhile, existing-home sales fell in June for the fifth straight month, falling 5.4% from May and 14.2% from a year earlier. Mortgage applications also fell 6.3% last week from the previous week,
CNN Business
Axios
Washington Examiner 
Apr 01 2022
Headline Roundup
Economists Warn of Potential Housing Bubble as Home Prices and Mortgages Rise
On Tuesday, the Federal Reserve Bank of Dallas warned of a potential housing bubble fueled by investor speculation on top of pre-existing inflation.
Bubble or not, finding a place to live is getting more expensive, and not just in the U.S. The Dallas Fed report also pointed to hot housing markets in 11 other countries, including Canada, South Korea and several European nations.
USA TODAY
CNBC
Washington Examiner
Mar 29 2022
News
Home-Price Growth Accelerated in January
Home-price growth accelerated in January as the supply of homes for sale fell to a new low.
The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 19.2% in the year that ended in January, compared with an 18.9% annual gain the prior month.
Wall Street Journal (News)
Jan 03 2023
News
Seattle home prices will likely fall in 2023. That won’t help buyers
The new year will bring Seattle a new housing market, one without the runaway prices and jaw-dropping bidding wars, yet still difficult for anyone but the region’s wealthiest shoppers. Economists say home prices are likely to fall or flatten here and across the country. Fewer people will buy homes. Rents, too, may climb far more slowly than they have in recent years, as people stay put. But
The Seattle Times
Jan 01 2023
News
Anchorage's average home price rose to a record $456K, but higher ...
The average price of a single-family home in Anchorage jumped to a new high of $456,000 in 2022, even as Anchorage realtors said rising interest rates began to cool the market. The slowdown is welcome, they said. It’s an improvement from the frenzied pace seen in the pandemic’s first two years, when buyers faced nerve-wracking bidding wars and some homes sold almost immediately, for much
Anchorage Daily News
Dec 28 2021
News
Home prices jump 18.4% in October
U.S. home prices have reported their fifth-largest annual gain on record after S&P CoreLogic Case-Shiller's 20-city composite index surged 18.4% year-over-year in October. However, the figure marks a slowdown from the 19.1% year-over-year growth in September and came in below Refinitiv's 18.5% growth estimate.
In addition, Case Shiller's national home price index, which covers all
Fox Business
Jan 07 2023
News
Atlanta’s Home Prices Jumped 10 Percent in One Year As Production Boom Fuels Home Market
This five bedroom 1920s Georgian Revival residence in Atlanta’s Buckhead neighborhood, owned by novelist Emily Giffin (Something Borrowed), is listed with Glennis Beacham of Beacham & Company In the past decade, Atlanta has earned the moniker Hollywood of the South. The city boasts a population of around 500,000 in Atlanta proper and roughly 6 million in the greater metro area, with a
The Hollywood Reporter
Jul 21 2022
News
Home prices driving more Americans out of the market
Americans are pumping the brakes on home purchases even as — or perhaps because — prices have hit new record highs.
Driving the news: Existing-home sales fell for the fifth straight month in June, declining 5.4% from May and 14.2% from a year earlier, the National Association of Realtors reported Wednesday.
Meanwhile, mortgage applications fell 6.3% last week, compared with the
Axios
Nov 28 2022
News
Americans Now Need A Six-Figure Salary To Afford A Median-Priced Home
Homebuyers in the United States must earn six-figure salaries in order to afford a median-priced home, according to an analysis from real estate brokerage Redfin.
As housing prices remain elevated and the monthly mortgage payment on the typical home surges more than 45% since the same time last year to reach $2,682, the annual salary required to afford such a property has increased from
The Daily Wire