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The Case-Shiller Index reports that home values fell in November as compared to the month prior. The good news is that we can ignore its findings.
According to the Case-Shiller Indes, housing market has bounced off its bottom and recovery is already underway. But the Case-Shiller Index is flawed.
As more U.S. cities shows signs of a housing rebound, would you believe that Detroit is leading the way?
Has the housing market (finally) turned the proverbial corner? Data from a few months ago suggests it.
Another week, another report of rising home values. May's Case-Shiller Index showed a 1 percent increase from April 2011.
The March Case-Shiller Index was released this week and it corroborates the findings of the government's most recent Home Price Index -- home values are slipping nationwide.
The Case-Shiller Index says home values are down in 18 of 20 markets versus last year. I'm not buying it, though, because when we look at Case-Shiller data, we're actually analyzing sales contracts from 6 months ago. A lot has changed since then.
The media turned September's Case-Shiller Index into a death knell for housing. Calls of a housing "double dip" are growing louder. As a buyer, it's your signal to pounce -- sellers get nervous on news like this.
For the 17th straight month, the Case-Shiller Index reports that home values are rising across the United States. As compared to June, July's prices were up by 4 percent.
According to the Standard & Poors Case-Shiller Index, home values rose 5 percent in June versus the month prior, and 4 percent from a year earlier. But while the Case-Shiller Index is accurate, it's imperfect. Let's look deeper.
The market's bottom has passed and sellers are regaining their leverage in negotiations. It's an excellent time to get off the fence and make that offer.
The Case-Shiller Index is flawed for 3 major reasons and better real estate decisions start with better data. No matter where you live, you should be getting these free weekly market reports -- no question.
More positive signals from housing -- home values are still on the rise. According to the Federal Housing Finance Agency, after posting its first quarterly increase since 2007 this past September, the Home Price Index rose by another 0.6 percent in October. Prices are up in 4 of the last six months.
The housing market is in recovery. There's lot of stats to back it up so take your pick:* Existing home sales are up and supplies are down * New home sales are up and supplies are way down * Pending home sales are posting at record pacesAnd, perhaps, most importantly, the best gauge of the housing market's health -- home values -- is showing consistent improvement. Both private-sector Case-Shiller Index and the government's own Home Price Index showed home prices on the mend.
For the 7th consecutive month, the Case-Shiller Index showed a reduction in annual home price declines. That's more than two seasons, folks. Surely, by now, we can say housing is in recovery.
Maybe now we can say that housing has bottomed? After 3 years of disastrous data, 19 of the 20 markets tracked by Case-Shiller improved last month -- the 5th straight month of strong data and the index's strongest showing in 3-plus years. This is definitely something for the news van.
