05Mar2014 Highest Year-Over-Year Increase In Home Prices Since 2005 CBC National Bank Housing Analysis 0 Comment Two major indicators of home price trends showed a slowing momentum for home prices in December.
27Feb2014 Case Shiller Price Index Shows That It’s A Buyers Market CBC National Bank Housing Analysis 0 Comment Two major indicators of home price trends showed a slowing momentum for home prices in December. The S&P Case Shiller 10 and 20 city indices reported that of 20 cities tracked, home prices were lower in December than for November.
25Feb2014 Existing Home Sales Lowest Since 2012 CBC National Bank Housing Analysis 0 Comment Sales of existing homes fell by 5.10 percent in January according to the National Association of REALTORS. Pre-owned home sales slowed to a seasonally-adjusted annual rate of 4.62 million homes against an expected reading of 4.65 million and December’s reading of 4.87 million existing homes sold.
27Jan2014 What’s Ahead For Mortgage Rates This Week – January 27, 2014 CBC National Bank Mortgage Rates 0 Comment Last week was an action-packed week for economic news, and all of it was packed into Thursday.
20Jan2014 What’s Ahead For Mortgage Rates This Week – January 20, 2014 CBC National Bank Mortgage Rates 0 Comment Welcome news arrived last week as lower mortgage rates and a higher number of housing starts were reported. Other economic news was mixed.
13Jan2014 What’s Ahead For Mortgage Rates This Week – January 13, 2014 CBC National Bank Mortgage Rates 0 Comment The first post-holiday week of 2014 brought mixed economic and housing-related news. CoreLogic reported via its Housing Market Index that November home prices grew by 11.80 percent year-over-year.
07Jan2014 Case Shiller Price Index Shows Highest Year-Over-Year Gains Since 2006 CBC National Bank Housing Analysis 0 Comment The Case-Shiller 10 and 20-City Home Price Indices for October were released on December 31. Although home prices in most cities continued to show year-over-year gains, the pace of home price appreciation is expected to slow in 2014.
06Jan2014 What’s Ahead For Mortgage Rates This Week – January 6, 2014 CBC National Bank Mortgage Rates 0 Comment The last week of 2013 brought relatively good news in view of the economic roller coaster rides caused by legislative impasse. A brief shutdown of federal government agencies, and nail-biting suspense over if and when the FOMC of the Federal Reserve would taper its quantitative easing program.
31Dec2013 New Home Sales Show Healthy Year-Over-Year Increase CBC National Bank Housing Analysis 0 Comment The holiday season and winter weather slowed home sales in November. Last week, the NAR reported that sales of existing homes had slumped to their lowest level in nearly a year, but this was not unexpected.
30Dec2013 What’s Ahead For Mortgage Rates This Week – December 30, 2013 CBC National Bank Mortgage Rates 0 Comment The University of Michigan’s Consumer Sentiment Index was improved for December at 82.5, after the November reading was adjusted from 82.5 to 75. Analysts noted that consumers were relieved when legislative gridlock ended.