Home Price Measures Archive

Sellers’ Markets: Where Do Sellers Get What They Ask?

While total housing inventory continues to fall year-over-year for the last 21 months, more markets are turning into a sellers’ market. Under limited inventory conditions, sellers get more confident. The increased demand exceeds the existing supply, which means that...

County Median Home Prices

A week after the release of the Housing Price Index for the last quarter of 2016,  the median home price per county[1] has been updated. Applying the price change in the related metropolitan areas, it seems that, compared to a...

How Much Will Your Monthly Payment Change?

Mortgage rates have been rising sharply over the past couple of months. The 30-year fixed-rate mortgage was 4.2 percent in December, the highest of 2015 and 2016, and it appears to stay above 4 percent for a long while....

Do Elections Affect the Housing Market in Washington, DC?

In view of the upcoming presidential elections, Washington, DC is getting ready to welcome the administration of the next president. But what does this mean for local housing market? Do elections affect housing market in the area? Let’s take...

The Latest on Home Prices

Recent housing price data at the national level suggests that home prices continue to increase at a strong pace—faster than what would be considered typical. Strong buyer demand and low inventories coupled with still relatively low levels of new...