Home Price Index rises 5.9% | Pound Ridge Real Estate

The S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas in the US rose 5.9 percent year-on-year in March of 2017, the same as in February and above market expectations of following a 5.7 percent gain. Prices rose the most in Seattle (12.3 percent), Portland (9.2 percent) and Dallas (8.6 percent). Meanwhile, the national index, covering all nine US census divisions rose 5.8 percent, up from 5.7 percent in February and setting a 33-month high. Case Shiller Home Price Index in the United States averaged 158.44 Index Points from 2000 until 2017, reaching an all time high of 206.52 Index Points in July of 2006 and a record low of 100 Index Points in January of 2000.

Calendar	GMT	Reference	Actual	Previous	Consensus	Forecast
2017-04-25	01:00 PM	Feb	0.4%	0.2%		0.2%
2017-05-30	01:00 PM	Mar	5.9%	5.9%	5.7%	5.8%
2017-05-30	01:00 PM	Mar	1%	0.4%		0.3%
2017-06-26	01:00 PM	Apr		5.9%
2017-06-26	01:00 PM	Apr		1%
2017-07-27	01:00 PM	May

United States Housing	Last	Previous	Highest	Lowest	Unit
Building Permits	1228.00	1260.00	2419.00	513.00	Thousand	[+]
Housing Starts	1172.00	1203.00	2494.00	478.00	Thousand	[+]
New Home Sales	569.00	642.00	1389.00	270.00	Thousand	[+]
Pending Home Sales	0.80	2.60	30.90	-24.30	percent	[+]
Existing Home Sales	5570.00	5700.00	7250.00	1370.00	Thousand	[+]
Construction Spending	-0.20	1.80	5.90	-4.80	percent	[+]
Housing Index	0.60	0.80	1.20	-1.70	percent	[+]
Nahb Housing Market Index	70.00	68.00	78.00	8.00		[+]
Mortgage Rate	4.17	4.23	10.56	3.47	percent	[+]
Mortgage Applications	4.40	-4.10	49.10	-38.80	percent	[+]
Home Ownership Rate	63.60	63.70	69.20	62.90	percent	[+]
Case Shiller Home Price Index	195.39	193.50	206.52	100.00	Index Points	[+]

This post was last modified on %s = human-readable time difference 11:02 am

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.