Home prices continued to rise during the first month of 2018, though the pace of growth is expected to slow down this year. The Case Shiller National Home Price Index rose 6.2 percent compared with January 2017, essentially the same as the 6.3 percent year-over-year increase reported in December, according […]
Tag: housing prices
Lack of housing supply continues to drive rising home prices
Home prices continued rising during the last month of 2017, but there are early signs they may begin to slow in the coming months. The Case Shiller National Home Price Index jumped 6.3 percent in the 12 months leading up to December, up from a 6.1 percent year-over-year gain reported […]
Construction Labor Costs Drive Home Prices Up, Pushing Buyers Out
Homebuilders are desperate to build more homes as demand accelerates across the country though they can’t because they simply do not have enough workers. The dearth in labor has squeezed homebuilders who have seen costs rise. It is the rise in labor costs in particular that has some construction firms […]
Five Things to Watch in the February Home Prices Report
The Case Shiller Home Prices Indices for February 2017 will be released on Tuesday morning. Last month’s report saw a 5.9 percent annual gain in the national index for the month of January, up from 5.7 percent in the previous month. Prices are at an all-time high since the housing […]