Home price gains continue to weaken

Pending Home Sales Trail Off 1.5% in April April 2019 US pending home sales data It’s tough to explain the lack of momentum in the US housing market given the strong jobs numbers and decline in interest rates. By Adam Button

Home price gains continue to weaken. By. starspost – May 28, 2019. 0. 84. The 10-city CoreLogic composite annual increase comes in at 2.3%, off from the previous 2.5%. Home prices nationwide rose in March at the slowest pace in more than six years, a sign that weaker sales are cooling off price.

"Home price gains continue to slow," says David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. "The patterns seen in the last year or more continue: year-over-year price gains in most cities are consistently shrinking. Double-digit annual gains have vanished.

S&P/Case-Shiller Home Price Index: ‘Gains Continue To Weaken’ With Tuesday’s release of the March S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.09% month over month. The seasonally adjusted national index year-over.

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S&P CoreLogic Case-Shiller Index Shows annual home price gains continue To Weaken: S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for March 2019 shows that the rate of home price increases across the U.S. has continued to slow.

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The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.7% annual gain in March, down from 3.9% in the previous month.

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"Home prices continue to rack up gains two to three times greater than the inflation. the combination of rising home prices and rising mortgage rates are beginning to affect the housing market.". Dinner party landlords take leave as tax rises are too hard to swallow Rents will rise if government proposal to tax landlords more.

The S&P CoreLogic Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions. For a list of additional indices, please refer to the S&P CoreLogic Case-Shiller Home Price Index Methodology.

"Home prices continue to rack up gains two to three times greater than the inflation. the combination of rising home prices and rising mortgage rates are beginning to affect the housing market.".