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The Week Ahead: Gauging Home Price Trends

tariffHow have home prices moved recently and how does that compare with their movement last year? The S&P CoreLogic Case Shiller Home Price Indices (HPI) releasing on Tuesday, August 28, at 9 a.m. EST will give insights into these questions. The HPI measures U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions. The HPI releasing this week will gauge home prices for the month of June.

Data for May released last month revealed that home prices continued their rise across the country over the last 12 months. Nationally, the data reported a 6.4 percent annual gain in May, remaining the same as in the previous month. The 10-City Composite annual increase came in at 6.1 percent, down from 6.4 percent in the previous month. The 20-City Composite posted a 6.5 percent year-over-year gain, down from 6.7 percent in the previous month.

Here’s what’s in store in The Week Ahead:

  • New Collaborative Technology Platforms to Sustain and Expand Homeownership webinar, Tuesday, 3 p.m. ET
  • MBA Mortgage Apps, Wednesday, 7 a.m. ET
  • Consumer Confidence Survey, Wednesday, 9 a.m. ET
  • NAR Pending Home Sales Index, Wednesday, 10 a.m. ET
  • Freddie Mac Primary Mortgage Monitor, Thursday, 9 a.m. ET

See how home prices were trending in June:

The Numbers Making the Market

About Author: Radhika Ojha

Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. You can contact her at Radhika.Ojha@theMReport.com.

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