home price Archive

The Impact of Rising Interest Rates on Home Prices

Mortgage rates have been rising and are expected to increase further over the next two years.  Home sales and home prices are generally impacted negatively if mortgage rates were the only things changing.  Fortunately, there are other economic variables...

Housing Affordability Index

At the national level, housing affordability is down from a year ago and for the month of April as higher prices continue to outpace incomes and as home sales continue to ramp up for the spring-summer selling season. Housing...

Did You Know: Household Net Worth

The net worth of households and non-profits is now at $84.9 trillion in the first quarter of 2015 according to data from the Federal Reserve Flow of Funds.  This is a new record and shows that in the aggregate,...

Latest New Home Sales (April 2015)

New home sales surged in April and they are selling quickly.  The only problem is we are not yet building enough to fully satisfy the demand. Specifically, new home sales rose 26 percent from one year ago in April...

Case Shiller Price Index (March 2015)

Today, Case Shiller released their housing price index data for March 2015 which showed that house prices rose 4.7 percent from March one year ago for the 10-city composite and 5.0 percent for the 20-city composite.  The national index...