The August 2013 S&P Case Shiller home price index shows a seasonally adjusted 12.8% price increase from a year ago for over 20 metropolitan housing markets and a 12.7% change for the top 10 housing markets from a year ago. Once again price increases are on high for homes.
The NAR reported existing home sales declined -1.9% from last month and are up 10.7% from last year. Sales have increased on a yearly basis for the last 27 months in a row. Inventories are still a very tight five months of supply. Inventories increased 2.0% from last month but are down, -7.4% from a year ago. Existing homes sales nationwide have increased 10.7% from a year ago.
The July 2013 S&P Case Shiller home price index shows a 12.4% price increase from a year ago for over 20 metropolitan housing markets and a 12.3% change for the top 10 housing markets from a year ago. Once again price increases on on high for homes.
The June 2013 S&P Case Shiller home price index shows a 12.1% price increase from a year ago for over 20 metropolitan housing markets and a 11.9% change for the top 10 housing markets from June 2012. This is a slightly lower annual increase than last month The national quarterly index increased 10.1% for the year.
July 2013 New Residential Single Family Home Sales plunged -13.4% to 394,000 in annualized sales and April through June were significantly revised lower. New Single Family Housing inventory is now a 5.2 month supply. New single family home sales are now 6.8% above July 2012 levels, but this figure is well within the ±18.6% margin of error.
The May 2013 S&P Case Shiller home price index shows a 12.2% price increase from a year ago for over 20 metropolitan housing markets and a 11.8% change for the top 10 housing markets from May 2012. This is the highest yearly gain since March 2006.
June New Residential Single Family Home Sales increased 8.3% to 497,000 in annualized sales. This change is well within the statistical error margin of ±20.5%. New Single Family Housing inventory is at a 3.9 month supply low. New single family home sales are now 38.1% above June 2012 levels, but this figure has a ±22.0% margin of error.
The NAR reported existing home sales declined -1.2% from last month and May figures were revised down by 40,000 annualized units. The revision gives a 3.4% monthly May gain instead of the 4.2% originally reported. Inventories are still a very tight 5.2 months of supply, a 4.0% increase from last month's five month supply and a -18.8% annual drop in supply for existing sales demand.
The April 2013 S&P Case Shiller home price index shows a 12.1% price increase from a year ago for over 20 metropolitan housing markets and a 11.6% change for the top 10 housing markets from April 2012. This is the highest yearly gain since March 2006.
The NAR reported existing home sales jumped 4.2% from last month and inventories are still a very tight 5.1 months of supply for May 2013. Existing homes sales have increased 12.9% from a year ago. Volume was 5.18 million against April's 4.97 million annualized existing home sales.
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