HPI

CoreLogic: Annual US Home Price Growth Moves Up Gradually Again in January

Retrieved on: 
Tuesday, March 5, 2024

Year-over-year home price gains reached the highest rate in a year in January, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025.

Key Points: 
  • Year-over-year home price gains reached the highest rate in a year in January, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025.
  • Meanwhile, baby boomers who already have significant financial reserves can pay for homes entirely in cash, which further increases challenges for other buyers.
  • annual home price growth strengthened to 5.8% in January 2024,” said Dr. Selma Hepp, chief economist for CoreLogic.
  • CoreLogic’s forecast shows annual U.S. home price gains relaxing to 2.6% in January 2025.

Houston-The Woodlands-Sugar Land Home Prices Up 5.1% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Tuesday, February 20, 2024

Measuring the price change in each market from their post-pandemic peak reveals that house prices are below their prior peaks in 23 of the top 30 markets.

Key Points: 
  • Measuring the price change in each market from their post-pandemic peak reveals that house prices are below their prior peaks in 23 of the top 30 markets.
  • The next release of the First American Data & Analytics House Price Index will take place the week of March 18, 2024.
  • The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report.
  • HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e.

Los Angeles-Long Beach-Glendale Home Prices Up 5.6% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Tuesday, February 20, 2024

Measuring the price change in each market from their post-pandemic peak reveals that house prices are below their prior peaks in 23 of the top 30 markets.

Key Points: 
  • Measuring the price change in each market from their post-pandemic peak reveals that house prices are below their prior peaks in 23 of the top 30 markets.
  • The next release of the First American Data & Analytics House Price Index will take place the week of March 18, 2024.
  • The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report.
  • HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e.

Peak National House Price Appreciation May be Behind Us, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Tuesday, February 20, 2024

The First American Data & Analytics’ non-seasonally adjusted (NSA) HPI showed that nationally in January1 2024:

Key Points: 
  • The First American Data & Analytics’ non-seasonally adjusted (NSA) HPI showed that nationally in January1 2024:
    Between December 2023 and January 2024 house prices increased 0.3 percent.
  • “The pace of annualized home price appreciation peaked in December, as buyers rushed to take advantage of falling mortgage rates.
  • The next release of the First American Data & Analytics House Price Index will take place the week of March 18, 2024.
  • The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report.

New York-Jersey City-White Plains, NY-NJ Home Prices Up 6.5% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Tuesday, February 20, 2024

Measuring the price change in each market from their post-pandemic peak reveals that house prices are below their prior peaks in 23 of the top 30 markets.

Key Points: 
  • Measuring the price change in each market from their post-pandemic peak reveals that house prices are below their prior peaks in 23 of the top 30 markets.
  • The next release of the First American Data & Analytics House Price Index will take place the week of March 18, 2024.
  • The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report.
  • HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e.

Dallas-Plano-Irving Home Prices Up 5.6% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Retrieved on: 
Tuesday, February 20, 2024

Measuring the price change in each market from their post-pandemic peak reveals that house prices are below their prior peaks in 23 of the top 30 markets.

Key Points: 
  • Measuring the price change in each market from their post-pandemic peak reveals that house prices are below their prior peaks in 23 of the top 30 markets.
  • The next release of the First American Data & Analytics House Price Index will take place the week of March 18, 2024.
  • The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report.
  • HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e.

Cuffing Season or House Hacking? Pacaso Reports More Than 21% Growth in Co-Ownership Across the U.S. this Valentine's Day

Retrieved on: 
Wednesday, February 14, 2024

SAN FRANCISCO, Feb. 14, 2024 /PRNewswire/ -- Pacaso, a technology-enabled real estate marketplace that helps people buy, co-own, and sell a vacation home, reports more than 21% growth in co-ownership across the U.S. year-over-year in its inaugural Co-Ownership Growth Report. The report identifies the top ten counties with the most significant annual increases in co-ownership home transactions, along with their corresponding year-over-year Home Price Index (HPI) growth. Co-ownership in these counties experienced a substantial growth rate of 21.1% and an average HPI increase of 6.18%. Timed to coincide with Valentine's Day, this cuffing-season trend highlights a growing preference for shared real estate ownership, extending beyond romantic partnerships.

Key Points: 
  • Co-ownership in these counties experienced a substantial growth rate of 21.1% and an average HPI increase of 6.18%.
  • Timed to coincide with Valentine's Day, this cuffing-season trend highlights a growing preference for shared real estate ownership, extending beyond romantic partnerships.
  • In our recent report, we affirm that in regions experiencing the highest co-ownership growth, there has also been noteworthy year-over-year growth in home prices," said Pacaso CEO and Co-Founder Austin Allison.
  • With a thriving community of more than 1,500 happy owners, Pacaso operates in 40 destination communities spanning four countries.

Helix Announces Decommissioning Contract Extension with Trident Energy and other Commercial Updates

Retrieved on: 
Tuesday, February 6, 2024

Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda.

Key Points: 
  • Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce the extension of its decommissioning contract with Trident Energy do Brasil Ltda.
  • The contract extension is for an additional 12 months and in direct continuation of the current contract.
  • The extension is expected to begin in the fourth quarter of 2024 at rates in line with the improved well intervention market.
  • Helix and Siem Offshore have signed six-year charter extensions for both the Siem Helix vessels, with the Siem Helix 1 term extending through December 2030 and the Siem Helix 2 term extending through December 2031.

Job Growth Continues to Drive Annual Home Price Gains in December, CoreLogic Reports

Retrieved on: 
Tuesday, February 6, 2024

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for December 2023.

Key Points: 
  • CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for December 2023.
  • U.S. annual single-family home price growth continued its gradual upward momentum in December 2023 to 5.5%.
  • As noted in CoreLogic’s most recent Loan Performance Index report , a healthy job market continues to drive mortgage performance and housing demand.
  • CoreLogic’s forecast shows annual U.S. home price gains slowing to 2.8% in December 2024.

TRREB: Tighter Market Conditions in January 2024 When Compared to the Previous Year

Retrieved on: 
Tuesday, February 6, 2024

The resulting tighter market conditions when compared to the same period a year earlier, potentially points toward renewed price growth as we move into the spring market.

Key Points: 
  • The resulting tighter market conditions when compared to the same period a year earlier, potentially points toward renewed price growth as we move into the spring market.
  • There were 4,223 sales reported through TRREB’s MLS® System in January 2024 – an increase of more than one-third compared to January 2022.
  • Stronger sales growth relative to listings suggests buyers experienced tighter market conditions compared to a year ago.
  • On Thursday, February 8, TRREB is releasing its 2024 Market Outlook and Year in Review report and digital digest.