Average home prices increase 2.2% in May: Case-Shiller

Home prices climbed 2.2% compared with a month earlier, according to the S&P/Case-Shiller 20-city home price index. Prices are still off 0.7% compared with May 2011, but that’s the lowest year.

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Half a Million Foreclosed Properties Face Hurricane Damage Hurricane Florence hit the North Carolina coast on Friday, bringing strong winds and rainfall. According to Reuters, more than 509,000 homes and businesses hit by the storm are still without power.

The numbers: Pending-home sales slid 2.2% in december. jones industrial average DJIA, -0.43% was little changed after the NAR release. The Dow has climbed over 5% this month. Read: Home price.

High housing prices hard on millennials After Tuesday’s Case-Shiller report showed a 6.4% increase in home prices, experts in the housing market indicate wage disparities and lacking inventory as critical motivators.

EXCLUSIVE: Freddie Mac settles with David J. Stern law firm A Florida law firm is the first in the U.S. to agree to pay a settlement in the rapidly expanding robo signing scheme for reportedly mishandling foreclosures. The law offices of fort lauderdale based Marshall C. Watson, which handled one of the largest volumes of foreclosures for Freddie Mac until.

Home Prices Rise 2.2% in May 2012 According to the S&P/Case-Shiller Home price indices; 08/08/2012: NEW YORK — Data through May 2012, released last week by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed that average home prices increased by 2.2% in May over April for both the 10- and 20-City Composites.

Home prices. The S&P/Case-Shiller index of property values in 20 cities increased 4.3 percent from October 2011, the biggest 12-month advance since May 2010, the group said today in New York. The.

Phoenix real estate recorded a 55.2 percent increase in house prices over the past 12 months, according to the latest data from the National Association of Realtors.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 3.5% annual gain in April, down from 3.7% in the previous month. The 10-City Composite annual increase came in at 2.3%, up from 2.2% in the previous month.

HousingWire News Podcast: Blend bridges the digital lending gap Mortgage broker woodcreek texas plaza Home Mortgage rolls out new high-balance mortgage program – Plaza Home Mortgage, which recently expanded its non-QM lending program to "allow brokers and correspondent lenders to qualify. He is a graduate of University of North Texas..

Home prices continued to cool off nationally and across most major cities during the heart of this year’s homebuying season, according to the S&P corelogic case-shiller indices. nationally, home prices posted an annual gain of 3.5% in April. The 10-city and 20-city composite indices increased by 2.3% and 2.5% year over year, respectively. The national index and the 20-city index showed a marginally lower annual gain than in March, while the 10-city composite gain was slightly higher than.

Home prices climbed 3.5% year-over-year in April, a slowdown from 3.7% in March. The 10-city composite rose 2.3% year-over-year, which was a slight gain from 2.2% growth. of Median Absolute Errors.