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National Home Prices Continue to Rise




S&P Dow Jones Indices released the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices. Data released for April 2015 show that home prices continued their rise across the country over the last 12 months.

Both Composites and the National index showed slightly lower year-over-year gains compared to last month. The 10-City Composite gained 4.6% year-over-year, while the 20-City Composite gained 4.9% year-over-year. The S&P/Case-Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, recorded a 4.2% annual gain in April 2015 versus a 4.3% increase in March 2015.

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The chart above depicts the annual returns of the U.S. National, the 10-City Composite and the 20-City Composite Home Price Indices. The S&P/Case-Shiller U.S. National Home Price Index, which covers all nine U.S. census divisions, recorded a 4.2% annual gain in April 2015. The 10- and 20-City Composites reported year-over-year increases of 4.6% and 4.9%.

Pending Home Sales Up

Pending Home Sales Rise




Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors®. Gains in the […] Continue Reading…

New Home Sales Up

New Home Sales Rise




Sales of new single-family houses in May 2015 were at a seasonally adjusted annual rate of 546,000, according to estimates released jointly by the U.S. Census Bureau and the […] Continue Reading…

Existing Home Sales Up

Existing Home Sales Increase in May




Fueled partly by an increase in the share of sales to first-time buyers, existing-home sales increased in May to their highest pace in nearly six years, according to the […] Continue Reading…

Technology and Social Media

FAA Approves Drones for Real Estate Use




Regardless of how you feel about the private and/or government use of drones, the potential of this new technology to transform and expand the way realtors showcase homes is […] Continue Reading…