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U.S. Housing Policy Update: August 2016

Examining the Party Platforms

Terry Theologides    |    Housing Policy, Videos

US Housing Policy Update August 2016


 

Now that Congress has gone home and the country is in the thick of the political convention season, this month we’d like to take a look at what the parties and their presidential nominees have to say about housing policy.

To be candid, so far, housing has not rated as a first-tier issue for either party. Discussion of housing...

Home Price Index Highlights: June 2016

National Home Prices Increased 5.7 Percent Year Over Year in June 2016

Molly Boesel    |    Property Valuation

  • Home prices including distressed sales increased 5.7 percent year over year in June 2016 and are forecast to increase by 5.3 percent over the next year.
  • The highest appreciation was in the West, with Oregon and Washington growing by double-digits in June.
  • Prices fell in one of the Texas oil markets in June: Midland logged a 1.8 percent year-over-year...

Dwelling approvals continue to trend lower but remain at elevated levels

Cameron Kusher    |    International

Monthly House

The Australian Bureau of Statistics (ABS) released building approvals data for June 2016 earlier today. Over the month there were 18,693 dwellings approved for construction nationally. National dwelling approvals are currently 26% higher than the decade average. Although this represents a very high volume of approvals, it was -2.9% lower over the month, -5.9% lower year-on-year and the...

Home Price Index Audio Clip: June 2016

National Home Prices Increased 5.7 Percent Year Over Year in June 2016

Molly Boesel    |    Audio

HPI Audio

The June 2016 Home Price Index shows that National homes prices increased 5.7 percent from a year ago. Prices have been increasing at 5 to 6 percent year over year for about two years, leading to the longest period of stability in home prices in more than 20 years. With home prices forecasted to increase by 5.3 percent over the next year, this period of relative stability is...

Real home values have continued to surge in Sydney and Melbourne

Cameron Kusher    |    International

Real vs. nominal annual change

Earlier this week the Australian Bureau of Statistics (ABS) released consumer price index (CPI) data for the June 2016 quarter. The data showed that inflation rose by 0.4% over the quarter, however over the 12 months to June 2016, inflation has only increased by 1.0%, its lowest annual increase since June 1999.

From a housing market perspective, the housing category of CPI...

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