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LATEST CORELOGIC ECON TWEETS

10 Years After the Bubble, Home Prices Are Hitting New Highs

But This Time It’s Different (Really)

David Stiff    |    Housing Trends

Metro Areas with Largest Home Price Gains from Previous Peak

This July marks the 10-year anniversary of the U.S. home price bubble. The national CoreLogic Case-Shiller Home Price Index peaked in July 2006 and then dropped 27 percent over the next six years. Nearly a decade later, the national index still remains 4 percent below its peak nominal value.[1]

Many local markets have...

Australia: Dwelling approvals drop in May 2016, a year after they hit a record high

Cameron Kusher

Monthly Dwelling

Building approvals data for May 2016 was released yesterday by the Australian Bureau of Statistics (ABS). According to the data, there were 19,276 dwellings approved for construction over the month.

The 19,276 approvals in May 2016 are the lowest number of monthly approvals in four months. Despite a monthly fall in approvals, they remain at historically high levels however, they...

Home Price Index Highlights: May 2016

National Home Prices Increased 5.9 Percent Year Over Year in May 2016

Molly Boesel    |    Property Valuation

HPI Blog
  • Home prices including distressed sales increased 5.9 percent year over year in May 2016 and are forecast to increase by 5.4 percent over the next year.
  • The highest appreciation was in the West, with Oregon and Washington growing by double-digits in May.
  • Prices fell in one of the Texas oil markets in May: Midland logged a 4.1 percent year-over-year...

Notes from the Hill: Yellen Testimony

The Semiannual Monetary Policy Report to the Congress

Russell McIntyre    |    Housing Policy

capitol

Federal Reserve Chairwoman Janet Yellen spent two days delivering testimony on The Semiannual Monetary Policy Report to the Congress following the Fed’s latest policy meeting. Her testimony before the Senate Banking Committee and the House Financial Services Committee was closely watched by market industries both domestically and internationally. Ms. Yellen discussed the...

Home Price Index Audio Clip: May 2016

National Home Prices Increased 5.9 Percent Year Over Year in May 2016

Molly Boesel    |    Audio

HPI Audio

The May 2016 Home Price Index shows that national home prices increased 5.9 percent from a year ago, leaving prices 7.2 percent below their 2006 peak. The western states dominated price gains in May with Oregon and Washington showing double digit increases and Colorado, Nevada, and Utah, rounding out the top five states with increases. Prices are expected to increase by 5.4...

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