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Home prices in U.S. fall in November - Back to mid-2003 levels

This morning, the S&P/Case-Shiller Index report for November was released showing US home prices decreased from the month before as well as the year before. The 10-city and 20-city composites fell by 1.3 percent each and the home price indexes were down 3.6 percent and 3.7 percent respectively from the year before. For a

Continue reading… Home prices in U.S. fall in November – Back to mid-2003 levels

Home Prices Fall In October;   back to mid-2003 levels

Dennis Norman

This morning, the S&P/Case-Shiller Index report for October was released showing US home prices decreased from the month before as well as the year before. The 10-city and 20-city composites fell by 1.1 percent and 1.2 percent respectively and the home price indexes were down 3.0 percent and 3.4 percent respectively from the

Continue reading… Home Prices Fall In October;   back to mid-2003 levels

Home prices increase in August; fifth consecutive month of increases

Dennis Norman

This morning, the S&P/Case-Shiller Index report for August was released showing US home prices increased for the fifth consecutive month. Both the 20-city composite and 10-city composite home price index increased by 0.2 percent from the month before. The 10 city composite home price index was down 3.5 percent from a

Continue reading… Home prices increase in August; fifth consecutive month of increases

Home prices rise slightly in July; 18 of 20 metros still down from a year ago

Dennis Norman

This morning, the S&P/Case-Shiller Index report for July was released showing US home prices increased for the fourth consecutive month.  Both the 20-city composite and 10-city composite home price index increased by 0.9 percent from the month before.   The 10 city composite home price index was down 3.7 percent from a year

Continue reading… Home prices rise slightly in July; 18 of 20 metros still down from a year ago

Case-Shiller report shows U.S. home prices increased slightly in June

Dennis Norman

This morning, the S&P/Case-Shiller Index report for June was released showing US home prices increased for the third consecutive month however,  average home prices in the U.S. are still about the same as they were over 8 years ago in early 2003.  The  report shows their 20-city composite home price index increased by

Continue reading… Case-Shiller report shows U.S. home prices increased slightly in June

I told you so!

Dennis Norman

Bear with me, I’m really not an ego-maniac, it’s just so infrequently that anyone of any real authority, or with “PhD” behind their name, agrees with me, so when it does happen I have to sound the horns and bask in the glory while it lasts!

If you have read any of my articles

Continue reading… I told you so!

November home prices flattening out in many major metro areas

Dennis Norman

This morning the S&P/Case-Shiller Index report for November was released showing that home prices in their 10 city and 20 city composite indexes decreased 0.2 percent from October. The indexes include the major metropolition areas in the U.S. (details for metros included are in chart that follows).

This marks the tenth month of

Continue reading… November home prices flattening out in many major metro areas

US home prices increase 3.1 percent in 3rd quarter; down 8.9 percent from a year ago

Dennis Norman

This morning the S&P/Case-Shiller Index report for September was released showing that home prices in the US increased in 3rd quarter 2009 by 3.1 percent (seasonally adjusted) from 2nd quarter. The 3rd quarter index shows a 8.9 percent decline from a year ago, however this is a marked improvement from the 14.7 decline

Continue reading… US home prices increase 3.1 percent in 3rd quarter; down 8.9 percent from a year ago

Home prices finally leveling off

Dennis Norman

This morning the S&P/Case-Shiller Index report for August was released showing that home prices in the 20 cities covered by their report fell 11.3 percent in August from a year ago. This is a smaller year over year decline than July when the index showed a 13.3 percent drop in home prices from

Continue reading… Home prices finally leveling off

Average home prices across US are about where they were six years ago

By: Dennis Norman

According to the S&P/Case-Shiller Home Price Indices, home prices in July declined 12.8 percent from a year ago in their 10-city composite and 13.3 percent in their 20-city composite. On a positive note, all 20 metro areas showed an improvement in the annual rates of decline when comparing July to June.

US Home Prices show modest 0.3 percent increase from June to July according to Federal Housing Finance Agency

Dennis Norman

By: Dennis Norman

Today the Federal Housing Finance Agency (FHFA) reported that U.S. home prices rose 0.3 percent on a seasonally-adjusted basis from June to July and are down 4.2 percent for the past year.

Many of the reports I’ve seen in the press on this are saying this is a sign of the housing market

Continue reading… US Home Prices show modest 0.3 percent increase from June to July according to Federal Housing Finance Agency

U.S. Home Prices down 14.9 percent in 2nd quarter from a year ago; Better than 1st quarter’s decline of 19.1 percent

By: Dennis Norman

Today the S&P/Case-Shiller Home Price Indices report was released which showed the S&P/Case-Shiller U.S. National Home Price Index recorded a 14.9 percent deline in the second quarter of 2009 versus the 2nd quarter of 2008. While still a significant negative annual rate of return, this quarter is an improvement over the record decline

Continue reading… U.S. Home Prices down 14.9 percent in 2nd quarter from a year ago; Better than 1st quarter’s decline of 19.1 percent