Tag Archives: Home Prices

Using data from multiple listing services in markets throughout the state, the Texas Association of Realtors reported Monday that single-family home sales statewide totaled 66,664 last quarter, an 8.46 percent increase from the same period in 2013.

Early January indicators suggest the housing market got off to a strong start in 2015, with inventory growth and increased demand driving growth in what's usually a chilly month for the sector.

The Commerce Department estimated Tuesday that new home sales in December were at a seasonally adjusted annual rate of 481,000, a jump of 11.6 percent from November's downwardly revised sales rate of 431,000. Economists had expected a smaller increase in sales to a rate of 452,000.

The S&P/Case-Shiller Home Price Indices, released Tuesday, shows house prices across all nine of the country's census divisions fell 0.1 percent from October to November. The narrower 10- and 20-city composite indices also dipped, dropping 0.3 percent and 0.2 percent month-to-month, respectively.

Black Knight Financial Services reported Monday that its Home Price Index (HPI) rose 0.1 percent month-over-month in November to a value of $241,000. Compared to a year ago, November's index was up 4.5 percent.

National home prices remained largely unchanged in the fall, according to the latest FNC Residential Price Index report. After 30 months of growth in the national housing market, prices dropped off in October and stayed virtually the same in November.

Based on home sales price information from mortgages sold to and guaranteed by the GSEs, the Federal Housing Finance Agency (FHFA) reported that its House Price Index rose a seasonally adjusted 0.8 percent month-over-month in November.

RE/MAX reported Monday that home sales activity jumped 14.4 percent nationally month-over-month December, a sharp reversal from November's 22.5 percent drop. Compared to the same month in 2013, December sales were up 3.9 percent, making it one of only a handful of months in 2014 to see transactions improve on a yearly basis.

Three of the five indicators in Trulia's quarterly housing barometer—existing-home sales, excluding distressed sales; home price level; and delinquency plus foreclosure rate—are all more than three-quarters of the way "back to normal" as of the end of 2014, according to the company.

California's housing market made more small strides toward stability over the last 12 months, though sales activity took a dip compared to the year before. For the entire year, C.A.R. estimates that 383,320 single-family homes closed escrow across the state, a 7.6 percent decline from 2013.