Case Shiller

28
Jul
2022

S&P Case-Shiller Home Price Indices: National Home Price Growth Slows in May

CBC National Bank Housing Market 0 Comment

U.S. home prices rose in May, but at a slower pace. S&P Case-Shiller’s National Home Price index reported year-over-year home price growth of 19.70 percent in May as compared to April’s record year-over-year home price growth pace of 20.60 percent.

28
Jul
2022

S&P Case-Shiller Home Price Indices: National Home Price Growth Slows in May

CBC National Bank Housing Market 0 Comment

U.S. home prices rose in May, but at a slower pace. S&P Case-Shiller’s National Home Price index reported year-over-year home price growth of 19.70 percent in May as compared to April’s record year-over-year home price growth pace of 20.60 percent.

28
Jul
2022

S&P Case-Shiller Home Price Indices: National Home Price Growth Slows in May

CBC National Bank Housing Market 0 Comment

U.S. home prices rose in May, but at a slower pace. S&P Case-Shiller’s National Home Price index reported year-over-year home price growth of 19.70 percent in May as compared to April’s record year-over-year home price growth pace of 20.60 percent.

25
Jul
2022

What’s Ahead For Mortgage Rates This Week – July 25, 2022

CBC National Bank Financial Reports 0 Comment

Last week’s economic news included readings from the National Association of Home Builders on home prices, Commerce Department readings on building permits issued, and housing starts.

18
Jul
2022

What’s Ahead For Mortgage Rates This Week – July 18, 2022

CBC National Bank Financial Reports 0 Comment

Inflation dominated last week’s economic readings and predictions as it hit a year-over-year growth rate of 9.10 percent in July. Inflation reached its highest year-over-year growth rate since 1981. Gasoline prices eased somewhat, but not enough to provide relief against a backdrop of high housing and food prices. Low and moderate-income consumers were disproportionately impacted as rents rose beyond near-record inflation and home prices remained out of reach for many would-be home buyers.

05
Jul
2022

What’s Ahead For Mortgage Rates This Week – July 5, 2022

CBC National Bank Financial Reports 0 Comment

Last week’s scheduled economic news included reports on home prices, pending home sales, and inflation. Weekly readings on mortgage rates and jobless claims were also released.

01
Jul
2022

Case-Shiller: Home Price Growth Slows in April

CBC National Bank Financial Reports 0 Comment

U.S. home price growth continued but slowed in April according to the S&P Case-Shiller Home Price Indices. The national home price index posted year-over-year home price growth of 20.4 percent in April as compared to the corresponding home price growth rate of 20.6 percent in March. Analysts said that diminishing affordability was slowing rapid gains in home prices seen during the pandemic.

27
Jun
2022

What’s Ahead For Mortgage Rates This Week – June 27, 2022

CBC National Bank Financial Reports 0 Comment

Last week’s economic reporting included readings on home sales, Fed Chair Jerome Powell’s testimony on monetary policy to the House Financial Services Committee, and the University of Michigan’s Consumer Sentiment Index. Weekly reports on mortgage rates and jobless claims were also released.

13
Jun
2022

What’s Ahead For Mortgage Rates This Week – June 13, 2022

CBC National Bank Financial Reports 0 Comment

Last week’s economic reporting was highly focused on inflation, which grew at its fastest pace since 1981. Rising fuel and food prices boosted inflation in the U.S. and abroad; Analysts said the Ukraine War and supply chain problems continued to drive inflation. Weekly readings on mortgage rates and jobless claims were also released.

27
Apr
2022

Case-Shiller, FHFA Post New Records for Home Price Growth

CBC National Bank Financial Reports 0 Comment

S&P Case-Shiller’s National Home Price Index rose by 19.80 percent year-over-year in February and was the third-largest pace of home price growth since the National Home Price Index’s inception.