January’s National Association of Home Builders Housing Market Index dipped two points from December’s revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January’s reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January’s dip in builder sentiment was attributed to easing of builder enthusiasm, which spiked right after the U.S. presidential election. To put January’s home builder confidence reading in context, NAHB says that any index reading over 50 indicates that more builders than fewer have confidence in housing market conditions.
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October 27, 2016
Home prices gained in August per the 20-City S&P Case-Shiller Home Price Index. Analysts said that home values continue to expand in spite of challenges including low inventories of available homes and strict mortgage qualification requirements.
March 8, 2011
Home affordability reached an all-time high in 2010′s last quarter. Unfortunately for home buyers, it’s been a different story since, however.
December 9, 2010
Prior to 2009, the Home Opportunity Index rarely topped 65. The index has remained above 70 ever since.
September 9, 2010
As a home buyer and/or homeowner, should you put your faith in Case-Shiller’s results, or the Home Price Index. Perhaps, the answer is neither.
August 27, 2010
With home prices holding firm and mortgage rates still dropping, home affordability is reaching new heights.
May 21, 2010
With home prices still relatively low and mortgage rates trolling near their all-time best levels, home affordability is extraordinarily high in most U.S. markets.
March 23, 2010
CNNMoney.com recently published its 2010 forecast and projections for home prices in the country’s largest metro markets. Listed as “Top 25″ and also comprehensively by state, CNNMoney.com’s home price forecasts puts Santa Rosa, California at the top of 2010′s home appreciation list and Hanford, California at its bottom.