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October 30, 2012

Home Prices Up 7 Consecutive Months (CHARTS)

October 30, 2012

Home Prices Up 7 Consecutive Months (CHARTS)

S&P Case-Shiller Home Price Index (August 2012)
– 20-city, Seasonally Adjusted, Month/Month  0.5%
– 20-city, Not Seasonally Adjusted, Month/Month  0.9%
– 20-city, Not Seasonally Adjusted, Year/Year 2.0%

This marks 7 months of increase in this index (20-city Seasonally Adjusted Month/Month), and also the 20-city not seasonally adjusted year/year gain of 2% is the biggest year/year gain in 2 years. After the mortgage mess we had a similar increase in values in 2009 which abated. This one is likely to stick.

Here’s a key chart and table from today’s August Case Shiller Report, and more links below.


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Also See:
S&P Case Shiller Home Price Report – August (released 10/30)

Looking For Housing Deals? Then Look Beyond Case Shiller (TheBasisPoint)

How Home Prices Compare With 4 Years Ago (Nick Timiraos, WSJ)

House Price Comments, Real House Prices, Price-To-Rent Ratio (CalculatedRisk)

– Current data/trends on: existing sales | pending sales | new sales | home prices

$XHB, $IYR, $ICF, $ITB