home price Archive

Local Market Reports: Price Growth

Nationally, home prices have shown steady year-over-year gains since spring. However, this pattern started even earlier in the Midwest and parts of Florida as evidenced by the top five markets in terms of median home price growth between the...

Home Prices Projected to Increase By 3 Percent in Forthcoming Year

Recently released research data project rising residential prices in 2013. The October 2012 Economic Survey by the Wall Street Journal panel of economists forecasted home prices as increasing at an annual rate of 3.25 percent in the forthcoming year....

Home Price versus Rent

Home prices swung too high and then crashed badly. But there was no notable fluctuation in rents. The chart below compares the two data points and clearly shows how home prices overcorrected in relation to rent from 2009 to...

Sixty-four Percent of Realtors® Reported Constant or Higher Prices

Home prices continue to firm up as demand is reported to be increasing faster than supply.  Sixty-four percent of respondents to the most recent Realtors® Confidence Index (June) reported constant prices (30 percent) or rising prices (34 percent) compared...

Low Inventory Helps Push Prices

Already home prices are turning up.  Though many economists have been calling for no price gains or only very minimal gains over the next several years, a surprise upside looks to be quickly developing....