Case-Shiller: Home prices continue to slow as housing stalls

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(Elliot Njus/The Oregonian) Home prices climbed in July in major U.S. metros, including Portland, but the pace of those increases continues to slow as the housing. continue to rise at two to three.

The difficulty facing housing may be too-high price increases. At the currently lower pace of home price increases, prices are rising almost twice as fast as inflation: in the last 12 months, the S&P Corelogic Case-Shiller National Index is up 3.7%, double the 1.9% inflation rate..

 · ”The S&P CoreLogic Case-Shiller National Index year-over-year increases have been 5% or more for 16 months; the 20-City index has climbed at this pace for 28 months. Given slow population and income growth since the financial crisis, demand is not the primary factor in rising home prices.

 · In February, annual home price gains slowed across the country, according to the latest Case-Shiller Home Price Index from S&P Down Jones Indices and CoreLogic. The report’s results showed that February 2019 saw an annual increase of 4% for home prices nationwide, falling from the previous month’s report.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 4.0% annual gain in February, down from 4.2% in the previous month.

MBA: Jumbo loans drive mortgage credit availability "Credit availability increased in March driven by increased availability of Jumbo loan programs and Government loan programs," said Lynn Fisher, MBA’s VP of Research and Economics.

They were fed up with Seattle's home bidding wars. They were only in their late 20s but had already lost two battles and were ready to renew.

Data through June 2014, released by S&P Dow Jones Indices for its S&P/Case-Shiller Home. point to a more normal housing sector." Quicken Loans Vice President bill banfield said, “The gains in home.

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Experts responding to the news say that home price appreciation will continue to slow in the coming months. home price appreciation in the latest Case-Shiller index will continue in the upcoming.

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When it comes to rising home prices, only one other market in the country is outpacing the Valley, and there’s no indication that trend will slow down any time soon. In the latest data from the S. This is, of course, due to a rise in the median home price, which increased 4.2 percent to $302,250 in the greater Austin-Round Rock area and 3 percent to $365,000 within the city limits.