Case Shiller price index

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Home Prices Take Biggest Jump Since 2006

Up 12.2% in May compared with a year ago

(Newser) - US home prices jumped 12.2% in May compared with a year ago, per the Standard & Poor's/Case-Shiller index of property values; that's the biggest yearly gain since March 2006, reports the AP . The highlights didn't stop there: Bloomberg reports that each of the 20 cities in... More »

Home Prices Take Biggest Jump in 7 Years

20 biggest cities see gains for 2nd month in a row

(Newser) - US home prices posted their biggest year-over-year gains in February since 2006, as a growing number of buyers bid on a limited supply of homes. The Standard & Poor's/Case-Shiller 20-city home price index climbed 9.3% in the 12 months ending in February. That's up from an 8.... More »

Jan. Home Prices See Biggest Jump Since 2006

Case-Shiller index points to 8.1% growth year-over-year

(Newser) - Home prices jumped 8.1% this January compared to a year before, according to the 20-city Case-Shiller index. That beats economists' expectations of a 7.9% increase and marks the biggest year-over-year jump since the summer of 2006, the Wall Street Journal reports. In other words, it's "the... More »

Home Prices Climbed 3% in September

20-city index sees jump as housing recovery continues

(Newser) - Home prices increased in September in most major US cities, more evidence of a housing recovery that is providing a lift to the fragile economy. Standard & Poor's/Case Shiller reported today that its 20-city index of home prices rose 3% in September, compared with the same month last year.... More »

Consumer Confidence Soars Past Expectations

There's good housing news, too

(Newser) - Consumer confidence soared to a seven-month high, flying far above analyst expectations, according to a Conference Board report released today. The board's index came in at 70.3, up from 61.3 a month earlier. That's a whole heck of a lot better than the 63 that the... More »

Home Prices Dive, Indicate Gloomy '12

Case-Shiller Home Price Index reverses 5 months of gains

(Newser) - After five straight months of gains through August, many market watchers had hoped home prices were finally trekking northward for good. No such luck: According to the just-released S&P/Case-Shiller Index, home prices fell in 19 of the nation’s 20 largest cities from September to October, bringing the index... More »

Housing Prices Hit New Recession Low

And there's no bottom in sight

(Newser) - The housing industry keeps finding new lows: Today's Case-Shiller price index shows that prices fell in the first quarter to the lowest levels since the crash began, reports the Wall Street Journal . The drop of 4.2%, on top of last quarter's 3.6% drop, is evidence of... More »

Housing Market Headed for Double Dip

Declines could hurt broader recovery

(Newser) - The housing market is cratering again, dousing the optimism that pervaded earlier this year. Prices fell for the third straight month in October, according to the S&P/Case Shiller index released yesterday, and economists expect them to keep dropping through early spring, wiping out any progress made since the market’... More »

Home Prices Up 3.2% Over July 2009

July numbers up .6% from June, but demand weakening

(Newser) - Home prices rose in July for the fourth straight month, but many cities are bracing for declines in the year ahead. The Standard & Poor's/Case-Shiller 20-city home price index increased 0.6% in July from June and 3.2% from a year ago. Twelve cities showed monthly price gains. However,... More »

Now's the Time to Buy a New Home

Prices and mortgage rates are down—a 'winning combination'

(Newser) - Today's new stats on housing prices yield one shakable fact amid tons of useless information: If you’re in the market for a house, this could be your moment. “Homes are now cheap,” writes Brett Arends. The combination of a 30% drop in home prices since 2005 and... More »

Home Prices Climb in August

Nearly every major city gets a boost

(Newser) - US home prices rose for the third straight month in August, data released today showed, a key sign for a broad and sustained housing recovery. The S&P/Case-Shiller home price index of 20 major cities climbed 1% from July to a seasonally adjusted reading of 144.5. While prices are... More »

Home Prices Rise for 3rd Month

Case-Shiller index shows modest 1.6% increase in June

(Newser) - In another sign the housing market is stabilizing, home prices climbed 1.6% in July, the third consecutive month they have risen, according to the S&P Case-Shiller home-price index of 20 major cities. Though they're down 13.3% compared with this time last year, the year-over-year declines still beat... More »

May Home Prices Post 1st Gain in 3 Years

(Newser) - May home prices rose month-over-month for the first time in almost three years, according to the S&P Case-Shiller Index, edging up 0.4% from April. That still left them 17% lower than they were a year ago, however, the Wall Street Journal reports, with home prices at around 2003... More »

Stocks Down on Housing Data

(Newser) - A bad Case-Shiller number helped push stocks lower at the open, with the Dow down 37 points, and the Nasdaq and S&P down 0.4% and 0.5% respectively. Home prices fell more than 10% year-over-year in 15 of the 20 major metropolitan areas monitored by the Case-Shiller index,... More »

Home Prices Took Record 19% Dive in January

(Newser) - US home prices sank by 19% in January, the sharpest annual rate on record, and the pace continues to accelerate, the AP reports, but there were a handful of battered metro areas where price declines slowed, according to data released today. The tumble taken by the Standard & Poor's/Case-Shiller index... More »

Home Prices Post Record 4th-Quarter Decline

Dropped 18.2% during quarter compared to year ago

(Newser) - Home prices tumbled by the sharpest year-over-year rate on record in the fourth quarter and in December, a widely-watched index shows. The S&P/Case-Shiller US home price index plunged 18.2% from the fourth quarter a year ago, the largest drop in its 21-year history. Prices are now at the... More »

Dow Up 58 On Mixed Data

December existing-home sales rise 6.6%

(Newser) - Stocks ended higher for the third straight day today amid mixed financial news, the Finanical Times reports. Home prices sank, leading to a surge in sales, while consumer confidence remained low. A better-than-expected earnings report from AmEx led financials higher as the Dow closed up 58.70 points at 8,... More »

Earnings Drive Stocks Higher

(Newser) - A horrible housing report couldn’t hold stocks down at the open. The Dow rose 57 points, while the S&P and Nasdaq added 0.8% and 0.7% respectively, as investors digested a host of mixed earnings reports. Texas Instruments rose 4.4% after it announced a $107 million... More »

Home Prices Take Another Nose-Dive

Fall record 18% in year to October

(Newser) - Home prices in 20 US cities plunged 18% in October over the previous year, a record-breaking rate, Bloomberg reports. The S&P/Case-Shiller index, which has declined every month since January 2007, dropped 17.2% in September. "The bear market continues; home prices are back to their March 2004 levels,... More »

Home Prices Fall Again; Rate of Decline Sets Record

Consumer confidence numbers offer ray of hope

(Newser) - Home prices continued to nosedive in May, a signal that the housing crisis may be worsening and a red flag for the credit markets and Wall Street, reports the New York Times. Every region covered by the S&P/Case-Schiller home-price index showed a drop compared to May 2007, with the... More »

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