Tag Archives: Craig J. Lazzara

S&P CoreLogic Case-Shiller reports steady acceleration in U.S. home prices to close out Q1, a period that presented some of the most competitive market conditions since the start of the pandemic.

Up slightly from January’s total of 19.1%, home prices in the month of February continued to accelerate, recording a 19.8% annual gain.

All 20 cities gauged by the S&P CoreLogic Case-Shiller Index saw price increases in January 2022, with prices in 16 cities accelerating relative to December’s report.

More than half of the 20 markets reported by S&P CoreLogic Case-Shiller experienced increased price growth in November, particularly in the nation’s warmer markets.

In a holiday-shortened week, mortgage rates rose slightly, hitting 3.11%, yet remaining within range of all-time lows.

S&P CoreLogic Case-Shiller Indices found an annual price gain of nearly 20% in September 2021, driven by a continued lack of inventory and the return of bidding wars.

Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns.

The month of July saw home prices rise for the 14th consecutive month, forcing millennials and first-time buyers back to the sidelines.

June 2021 marked the third consecutive month in which the growth rate of housing prices set a record according to the latest S&P CoreLogic Case-Shiller report.

A new study found that pending home sales fell in June, with record low rates not enough to lure potential homebuyers to a market currently experiencing a spike in prices.