Items Tagged with 'home price indices'

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  • First American, HouseCanary partner to boost home price data offerings

    HouseCanary’s Home Price Indices available in First American Mortgage Solutions
    HouseCanary, a real estate analytics company, and First American Mortgage Solutions, a subsidiary of First American Financial Corp. and a provider of lender and servicer solutions, announced a partnership that will make HouseCanary’s home price data available through First American Mortgage Solutions.
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  • Home Prices Tick Up as Shadow Inventory Declines

    Two new reports on the housing market show that sales of existing homes experienced a fourth consecutive month of growth, due mainly to seasonal strength, as the shadow inventory of distressed properties declined by 15.7%.   U.S. home prices increased by 0.9% in July in both the 10 and 20-city composites of the S&P/Case-Shiller Home Price Indices with data through July 2011.  Of the 20 MSA's tracked in the survey, 17 experienced positive month-over-month increases in July, with only Last Vegas and Phoenix seeing declines, as Denver remained static.     On an annual basis, both the 10- and
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  • Pending Sale Slip but Home Prices Tick Up

    Two latest reports on the housing markets show some signs of positive growth, but highlight continued struggles in finding stability and growth momentum in home prices and sales. The National Association of Realtors' (NAR) Pending Home Sales Index that focuses on contract signings (not closed sales) slipped in July by 1.3% to 89.7.  The level, however, is 14.4% above the 78.4 index posted in July 2010. NAR's Chief economist, Lawrence Yun noted that sales activity is underperforming and that tightened underwriting standards continue to weigh on healthy expansion.  Two other factors weighing on the market include appraisal valuations leading to canceled contracts and
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  • Home Prices Tick Up, Slightly

    Following eight months of declines, U.S. Home Prices have shown a small monthly increase in the latest Home Price Indices from S&P/Case-Shiller.   With data through April 2011, the 10 and 20 city composites increase was just under 1% over March, at 0.8% and 0.7% respectively.  Both indices were down from the previous year by 3.1% for the 10-city composite and 4.0% for the 20-city composite.     “In a welcome shift from recent months, this month is better than last - April’s numbers beat March,” says David M. Blitzer, Chairman of the Index Committee at S&P Indices. “However,
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  • Home Prices Stutter Start in 2011

    Home prices opened 2011 with further deceleration in the annual growth rates according to the latest data from the S&P/Case-Shiller Home Price Indices.  With data compiled through January, the 10-city composite posted a drop of 3.1 percent from January 2010. According to the data, only two Mesas', San Diego (.01%) and Washington D.C. (3.6%) recorded positive year-over-year changes. “Keeping with the trends set in late 2010, January brings us weakening home prices with no real hope in sight for the near future” says David M. Blister, Chairman of the Index Committee at Standard & Poor's.  “These data confirm what
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