Rilian Ball

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Case-Shiller Reports Home Prices Rise at Fastest Pace in 7 Years

February 24, 2021 by Rilian Ball

S & P Case-Shiller Home Price Indices reported the fastest pace of U.S home price growth in seven years. National home prices grew by 10.40 percent year-over-year in December as compared to November’s reading of  9.50 percent home price growth on a year-over-year basis. The S&P Case-Shiller 20-City Home Price Index reported home price growth in 18 of 20 cities included in the index. Detroit, Michigan did not report home price data for December. Phoenix, Arizona held the top … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, FHFA, Home Prices

What’s Ahead For Mortgage Rates This Week – September 28, 2015

September 28, 2015 by Rilian Ball

Last week's scheduled economic news included reports on new and existing home sales, the FHFA House Price Index, weekly reports on mortgage rates, and new jobless claims. The week finished with a report on consumer sentiment.Existing Home Sales Fall as New Homes Sales and Home Prices RiseThe National Association of Realtors reported that home sales for pre-owned homes fell in August. Analysts expected sales of existing homes to reach a reading of 5.52 million sales on an annual basis, but the … [Read more...]

Filed Under: Market Outlook Tagged With: Existing Home Sales, FHFA, Freddie Mac, House Price Index, Jobless Claims, New Home Sales

National Association of REALTORS – Sales of Pre-Owned Homes Dip

September 23, 2015 by Rilian Ball

Sales of previously owned homes dropped in August by 4.80 percent on an annual basis for the first time in four months; the dip was likely caused by rising home prices. August sales were reported at a rate of 5.31 million; July's rate was 5.58 million sales of previously owned homes. Sales of existing homes have risen 6.20 percent year-over-year; stronger labor markets and low mortgage rates were seen as contributing factors. Although economists expect the Federal Reserve to raise its target … [Read more...]

Filed Under: Market Outlook Tagged With: FHFA, Home Price Index, The National Association of REALTORS

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Rilian Ball


Branch Manager
First Capital Group
NMLS# 202687

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