Summer’s red-hot housing markets are echoed in the latest S&P CoreLogic Case-Shiller Index, which accelerated to a new record high — up 19.7% year over year.
As the Dixie Fire continues to burn, we look to the past to understand its potential impact. Diving into the longitudinal effects of the Glass and North Complex Fires of 2020 reveals impact on rent and home prices in the surrounding counties.
Home buyer demand pushed price growth to a new record high in June, with S&P CoreLogic national Case-Shiller Index clocking in an 18.6% year-over-year growth rate.
While many consumers are planning to buy homes, cars, and major appliances, there are still about 2 million homeowners behind on their mortgage payments and/or in forbearance programs.
While many consumers are planning to buy homes, cars and major appliances in the coming months, there are still about 2 million homeowners behind on their mortgage payments and/or in forbearance programs.
Despite concerning acceleration in home prices since last summer, consumers are still eager to buy, and an increasing share of homes are selling over the asking price. In May, S&P CoreLogic national Case-Shiller Index skyrocketed 16.6% year over year — keeping with the theme of reaching new highs in the past few months.