Residential Products Online content is now on probuilder.com! Same great products coverage, now all in one place!
billboard
Case-Shiller: Home price appreciation slowing
Analysis of home prices in 20 large U.S. metros through July by Case-Shiller indicates that while prices continue to rise, they are doing so at a considerably slower pace.
leaderboard2
Related Stories
The S&P’s Case-Shiller Home Price Indices data through July 2011, released Tuesday, showed a fourth consecutive month of increases for the 10- and 20-City Composites, with both up 0.9 percent in July over June.
U.S. home prices fell at the fastest rate in the history of S&P Case-Shiller Index in July, but not all markets are decelerating at an equal pace
Both composites of the Case-Shiller Home Price Index showed increases in July, with the 10-City Composite up 0.6 percent year-over-year and the 20-City Composite up 1.2 percent.
August average home prices were up in 18 of the 20 cities measured by the Case-Shiller Home Price Indices from 2011, driving both composites to their highest points since the summer/fall of 2003.
Calculated Risk reported that S&P/Case Shiller’s monthly Home Price Indices for August (actually a three-month average of June, July and August) indicate that home prices, when seasonally adjusted, declined.
Home prices nationally declined by 4.2 percent in the first quarter of 2011 after having fallen 3.6 percent in the fourth quarter of 2010 and have now regressed to their mid-2002 levels, according to the S&P/Case-Shiller Home Price Index released this mo
boombox2
boombox1
halfpage1
native1
catfish1
interstitial1