Real versus nominal value

43rd Honda Prize Awarded to Dr. Hidetoshi Katori for His Invention: Optical Lattice Clock That Loses Only 1 Second Per 30 Billion Years

Retrieved on: 
Tuesday, December 6, 2022
Honda Prize, University, Types of volcanic eruptions, Textbook, Research, Invention, Real versus nominal value, University of Tokyo, Earthquake, Social change, RIKEN, Graduate school, Student, Instrumentation, Engineering

Hiroto Ishida, President of the Honda Foundation, commented, "Precise time measurement is becoming increasingly important in modern society.

Key Points: 
  • Hiroto Ishida, President of the Honda Foundation, commented, "Precise time measurement is becoming increasingly important in modern society.
  • In the spirit of the Honda Prize, Dr. Katori's accomplishment is truly remarkable."
  • Dr. Katori invented the optical lattice clock in 2001, which uses atoms trapped in an optical lattice to create an ultra-precise time standard.
  • Dr. Katori was chosen for this award in recognition that the limitless possibilities of the technology fit with the idea behind the Honda Prize."

Insights on the Nerve Monitoring Systems Global Market to 2026 - Increasing Demand for Tele-Neuromonitoring is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 22, 2021
Biotechnology, Health, Medical devices, Valuation, Inflation, Real versus nominal value, Economy

Coverage of regional segments includes detailed analyses of the U.S., Canada, Germany, U.K., France, Spain, Italy, Japan, China and India.

Key Points: 
  • Coverage of regional segments includes detailed analyses of the U.S., Canada, Germany, U.K., France, Spain, Italy, Japan, China and India.
  • For market estimates, data is provided for the year 2020 as the base year and forecast through year-end 2026.
  • Estimated values used are based on manufacturers' total revenues and estimated revenue of specified products.
  • Projected and forecasted revenue values are in constant U.S. dollars that have not been adjusted for inflation.

Rapid House Price Appreciation Drives Affordability Lower, According to First American Real House Price Index

Retrieved on: 
Monday, June 28, 2021
Commercial Building & Real Estate, Insurance, Construction & Property, Finance, Consulting, Banking, REIT, Professional services, Residential Building & Real Estate, Articles, Economy, Economic inequality, Affordable housing, House price index, Mortgage loan, Price index, Real versus nominal value, Affordable housing in Canada, United States housing bubble

In April, First American Data & Analytics nominal house price index increased 16.2 percent year over year, the fastest pace since 2005.

Key Points: 
  • In April, First American Data & Analytics nominal house price index increased 16.2 percent year over year, the fastest pace since 2005.
  • Rapid appreciation is driving declines in affordability, despite rising incomes and lower mortgage rates, said Mark Fleming, chief economist at First American.
  • Nationally, according to our Real House Price Index , housing affordability declined in April on a year-over-year basis by 7.0 percent, the most since December 2018.
  • The next release of the First American Real House Price Index will take place the week of July 26, 2021 for May 2021 data.

Record Equity Levels Unlikely to Spur Many Homeowners to Sell, According to First American Real House Price Index

Retrieved on: 
Tuesday, April 27, 2021
Residential Building & Real Estate, Banking, Construction & Property, Professional services, Inflation, Loans, Mortgage loan, Real versus nominal value, House prices

b'First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the February 2021 First American Real House Price Index (RHPI) .

Key Points: 
  • b'First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the February 2021 First American Real House Price Index (RHPI) .
  • The RHPI adjusts nominal house prices according to changes in income and interest rates, which together make up consumer house-buying power.
  • When incomes rise, house-buying power rises as well,\xe2\x80\x9d said Mark Fleming, chief economist at First American.
  • Similarly, house-buying power declines when unadjusted nominal house prices rise.\n\xe2\x80\x9cIn February 2020, nominal house prices soared and mortgage rates increased, offsetting any affordability benefit from an increase in income levels.

Affordability Improved Amid Soaring Nominal House Prices, According to First American Real House Price Index

Retrieved on: 
Wednesday, March 31, 2021
Commercial Building & Real Estate, Insurance, Construction & Property, Finance, Banking, REIT, Professional services, Other Construction & Property, Residential Building & Real Estate, Inflation, Economy, Macroeconomics, Money, Real versus nominal value, Valuation, House price index, Economic inequality, Price indices, Real interest rate, Real prices and ideal prices

Our Real House Price Index (RHPI) adjusts nominal house prices for purchasing power by considering how income levels and interest rates influence the amount one can borrow, said Fleming.

Key Points: 
  • Our Real House Price Index (RHPI) adjusts nominal house prices for purchasing power by considering how income levels and interest rates influence the amount one can borrow, said Fleming.
  • Indeed, a walk down house price memory lane shows us that nominal house prices alone are not always a good measure of affordability.
  • In the chart , nationwide nominal house prices, real house prices, and house-buying power are all indexed to January 1990.
  • The next release of the First American Real House Price Index will take place the week of April 26, 2021 for February 2021 data.

House Prices Are Rising Fast, but Many Housing Markets Remain Undervalued, According to First American Real House Price Index

Retrieved on: 
Tuesday, February 23, 2021
Construction & Property, Insurance, Finance, Banking, Professional services, REIT, Other Construction & Property, Residential Building & Real Estate, United States Department of Housing and Urban Development, Inflation, Real versus nominal value, Valuation, House price index, Real estate, Economy, Economic inequality, Eurozone crisis, Articles, Real estate bubble

Considering only the nominal level of house prices is not sufficient to determine whether the market is overvalued or not.

Key Points: 
  • Considering only the nominal level of house prices is not sufficient to determine whether the market is overvalued or not.
  • The First American Data & Analytics preliminary nominal house price index anticipates continued strengthening of house price appreciation through February.
  • While unadjusted house prices are now 20.7 percent above the housing boom peak in 2006, real, house-buying power-adjusted house prices remain 48.2 percent below their 2006 housing boom peak.
  • The next release of the First American Real House Price Index will take place the week of March 29, 2021 for January 2021 data.

Rising Prices Set to Boost Nominal Growth in US Manufacturers' Shipments to 2024

Retrieved on: 
Thursday, January 7, 2021
Pricing, Articles, Energy, Energy economics, Food industry, Economy, Inflation, Food prices, Price of oil, Gasoline and diesel usage and pricing, Agriculture, Real versus nominal value

Rising commodity prices for grains, soybeans, and meat, as well as rising agricultural input prices, are expected to boost food prices, while an uptick in oil prices and natural gas prices is expected to boost feedstock and fuel costs for plastic, rubber, and chemical suppliers.

Key Points: 
  • Rising commodity prices for grains, soybeans, and meat, as well as rising agricultural input prices, are expected to boost food prices, while an uptick in oil prices and natural gas prices is expected to boost feedstock and fuel costs for plastic, rubber, and chemical suppliers.
  • Transport equipment shipments from US plants are forecast to rise 1.1% per year to 2024, remaining the largest discrete segment.
  • Shipments of motor vehicles and parts are expected to expand through 2024, driven by growing unit sales of vehicles.
  • This report forecasts to 2020 and 2024 US manufacturers' shipments in nominal and real (inflation-adjusted) US dollars.

Super-Sellers’ Market May Hinder Affordability Outlook for 2021, According to First American Real House Price Index

Retrieved on: 
Monday, December 28, 2020
Finance, Banking, Professional services, Residential Building & Real Estate, Construction & Property, Economy, Financial market, New York Stock Exchange, Articles, First American Corporation, Shortage, Market, Real versus nominal value, Microeconomics

First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the October 2020 First American Real House Price Index (RHPI) .

Key Points: 
  • First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released the October 2020 First American Real House Price Index (RHPI) .
  • The housing market prior to the pandemic could have been characterized as a sellers market, with a shortage of supply relative to demand.
  • However, the other components of the RHPI, household income levels and nominal house prices, vary market by market, so they do not have a uniform impact on affordability.
  • The next release of the First American Real House Price Index will take place the week of January 25, 2021 for November 2020 data.

GENFIT announces the successful completion of a key milestone in the partial buyback and amendment of its OCEANEs

Retrieved on: 
Monday, December 7, 2020
Inflation, Real versus nominal value, Valuation

The repurchased OCEANEs represent 47.6% out of the 6,081,081 outstanding OCEANEs and 85,699,696 euros in nominal amount.

Key Points: 
  • The repurchased OCEANEs represent 47.6% out of the 6,081,081 outstanding OCEANEs and 85,699,696 euros in nominal amount.
  • Following the cancellation of the OCEANEs that will be repurchased in the partial buyback, 3,185,821 OCEANEs would remain outstanding, representing a residual nominal amount of 94,300,301.6 euros.
  • The adjustment would be calculated from the date of approval by the OCEANEs holders of the amended terms and conditions (i.e.
  • the date on which the OCEANEs holders meeting would be held) until the new maturity date (i.e.

Top Five Cities Where Affordability Declined the Most, According to First American Real House Price Index

Retrieved on: 
Monday, November 23, 2020
Professional services, Other Professional Services, Residential Building & Real Estate, Insurance, Construction & Property, REIT, Inflation, Real versus nominal value, Valuation

Finally, the remaining cities on the list, Pittsburgh and Portland, demonstrate the intricate dance between house-buying power and nominal house price appreciation.

Key Points: 
  • Finally, the remaining cities on the list, Pittsburgh and Portland, demonstrate the intricate dance between house-buying power and nominal house price appreciation.
  • Yet, Pittsburghs nominal house price appreciation was the fastest of the five cities, outpacing house-buying power, so affordability waned.
  • While Portlands nominal house price appreciation was slower than Pittsburgh, house-buying power declined significantly more due to falling household income, resulting in the same decline in affordability as Pittsburgh.
  • The next release of the First American Real House Price Index will take place the week of December 28, 2020 for October 2020 data.