Freddie Mac: Here are the top 5 improving metro markets for housing

The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw

The 12 hottest housing markets right now

And the biggest losers in the price growth race
W S
The Ticker

LPS: Home prices rose 1.8% in July from a year ago

/ Print / Reprints /
| Share More
/ Text Size+

Home prices across the nation rose 1.8% annually in July, according to Lender Processing Services. They ticked up just 0.2% from the previous month.

The Atlanta area saw its prices fall 2.4% in July from a year ago, according to the LPS. In Chicago, they dropped 3% in that period. In these cities and others, LPS’ findings vary from those released by Case-Shiller.

Las Vegas prices are up 6.6% since July 2011, which contradicts Case-Shiller’s finding that they are down 1% Case-Shiller. And in New York, LPS found that prices rose a slight 0.2% from a year ago, rather than dropping nearly 3% as Case-Shiller reported.

Year-to-date, home prices are up 4.3% nationally, LPS found.

Most U.S. housing markets are stable or in recovery with a few industrial areas still battling high unemployment and a weak real estate market, according to Move Inc.

Data from August shows inventory levels on a downward trajectory and prices beginning to stabilize.

See the chart below to check out LPS' biggest movers by state in terms of monthly home price changes.

jhilley@housingwire.com

 

 

 

Recent Articles by HousingWire Staff

Comments powered by Disqus