We’ll add more market news briefs throughout the day. Check back to read the latest.
Most recent market newsTuesday, May 30
Seattle, Portland, Dallas and Denver Lead Gains in S&P CoreLogic Case-Shiller Home Price Indices
“Home prices continue rising with the S&P Corelogic Case -Shiller National Index up 5.8 percent in the year ended March, the fastest pace in almost three years,” says David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices.
Black Knight Home Price Index Report March 2017
The national Home Price Index (HPI) hit another peak in March 2017, continuing the upward trend and marking a 2.3 percent gain in home prices in 2017. San Francisco, Seattle, and San Jose, Calif., have seen metropolitan home prices rise by at least 5 percent since January 2017. Prices fell another 4.5 percent in Tuscaloosa, Ala., which marks a 17 percent decline year-to-date. The top 5 movers at the state level in March included: Washington (2.2 percent), Nebraska (1.9 percent), Michigan (1.7), Oregon (1.7 percent), and Georgia (1.7 percent). The top 5 movers at the metro level in March included: San Jose, Calif., (2.6 percent), Seattle, Wash., (2.4 percent), Bellingham, Wash., (2.3 percent), Walla Walla, Wash., (2.2 percent), and San Francisco, Calif., (2.2 percent).Redfin Housing Demand Index Ticks Back Up as Prime Selling Season Commence
“The Redfin Housing Demand Index increased 9.2 percent from March to a seasonally adjusted level of 121 in April.”
Email market reports to press@inman.com.
Source: click here
Loading ...