The difficulty facing housing may be too-high price increases. At the currently lower pace of home price increases, prices are rising almost twice as fast as inflation: in the last 12 months, the S&P Corelogic Case-Shiller National Index is up 3.7%, double the 1.9% inflation rate.
· At the currently lower pace of home price increases, prices are rising almost twice as fast as inflation: in the last 12 months, the S&P Corelogic Case-Shiller National Index is.
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Blitzer said he suspects the difficulty facing housing may be home prices that are too high. "At the currently lower pace of home price increases, prices are rising almost twice as fast as inflation: in the last 12 months, the S&P Corelogic Case-Shiller National Index is up 3.7%, double the 1.9% inflation rate," Blitzer continued.
Case-Shiller: Given the Economy, "Housing Should be Doing Better.. "Home price gains continue to slow. The patterns seen in the last year or more continue: year-over-year price gains in most.
“Home prices continue to rack up gains. increases appear to be affecting other housing statistics,” Blitzer said. “Sales of existing single family homes – the market covered by the S&P CoreLogic.
In February, annual home price gains slowed across the country, according to the latest Case-Shiller Home Price Index from S&P Down Jones.
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S&P/Case-Shiller Home Price Index: "Gains Continue to Weaken" May 28, 2019 by Jill Mislinski of Advisor Perspectives With today’s release of the March S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.09% month over month. The
Dow Jones S&P CoreLogic released the March Case Shiller home price indices this morning and they show that home price gains across the nation continue to slow down. In particular, the Case Shiller.
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are rising almost twice as fast as inflation: in the last 12 months, the S&P Corelogic Case-Shiller National Index is up 3.7%, double the 1.9% inflation rate. Measured in real, inflation-adjusted terms, home prices today are rising at a 1.8% annual rate. This compares to a 1.2% real annual price increases in housing since 1975."
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