Tag Archives: S&P/Case-Shiller

Bubbles and Housing

Home prices nationally are rising two to three times faster than inflation. They are up 5.5% from a year ago with some cities rising at double-digit rates. Looking at the chart of the S&P Corelogic Case-Shiller Home Price Indices, many are wondering if we’re in another housing bubble. While prices are rising, the following charts Read more […]

Home Prices Rising

This morning’s S&P CoreLogic Case-Shiller Home Price Indices report showed prices rising at about a 5% annual rate over the last 12 months.  Across the country the pattern varies with strong price gains in the Pacific Northwest and small price increases in New York and Washington DC.  The press release and data are available at Read more […]

Party like it’s 2007

House sales and prices are rising.  Home sales in June were 5.57 million at annual rates, the highest since February 2007 when national home prices peaked.  Currently prices as measured by the S&P/Case-Shiller National Home Price Index are climbing at a 5% annual rate and are a mere 3% from their all-time peak. What next?  Read more […]

Home Prices Continue to Rise

Charts from the latest S&P/Case-Shiller Home Price Indices released this morning.  Full data available here. Nationally home prices continue at a about a 5% annual rate.  Price gains vary across the 20 cities covered with the Pacific Northwest region showing the largest gains.

Don’t Blame Tight Supplies for Rising Home Prices

The S&P/Case-Shiller National Home Price Index shows prices of existing single family homes rising 5.3% annually in the last few months, well above the rate of inflation. Recent comments cite the low inventory of homes for sale as a leading factor in higher prices. Housing markets are local and some communities may be seeing house Read more […]

Homes In These Two Cities May Shelter Better Than Gold

Gold is on the rise this year as investors seek shelter from the volatility in the stock and oil markets. While 90-day annualized volatility of oil, around 50%, is the highest since April last year, and is near its 2001 peak, it’s not near the high levels of 2008 or 1991. Also, the open interest that Read more […]

House Prices and Incomes

Since the S&P/Case-Shiller National Home Price index bottomed in December 2011, the national index is up 24% or 7.5% annually. While the Index is about 10% below the peak level set in July 2006, the indices for Denver and Dallas set new all-time peaks last year. Boston and Charlotte NC are both closing in on Read more […]

Five-Year Itch in the Condo Market?

In a prior post, we analyzed the holding period of single-family homes using the S&P/Case-Shiller Home Price Index Series. We quantified the holding period with the rolling return for each period in question—10-, 7-, 5- and 3-year holding periods. In this post, we use the same holding period concept to look into whether the condo Read more […]