19 of 20 metro areas showed higher home prices in Q 4 2012 with the New York metro area showing a decrease in home prices; this could be due in part to the impact of Hurricane Sandy.
Existing Home Sales Rise As Home Inventory Shrinks
Home sales rose for the 11th consecutive month according to the National Association of REALTORS® Existing Home Sales Report for January.
Strong Builder Confidence May Signal Good Time To Buy New Homes
February’s Housing Market Index reading remains near the HMI’s highest level since April 2006, when the HMI reading reached 51.
Over 70% Of US Metro Market Housing Markets Improve In February
The National Association of Homebuilders recently released its Improving Markets Index for the month of February.
Case-Shiller Index Shows Near 6% Home Price Gain
Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010.
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