Home Economics
Inside the U.S. housing market

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Home prices notch 5th straight gain but pace slows 10:17am EST

NEW YORK (Reuters) - U.S. home prices rose for the fifth straight month and posted the second quarterly increase, but the pace of appreciation in September slowed and was less than expected, according to Standard & Poor's/Case-Shiller indexes on Tuesday.  Full Article

 
Fannie Mae cuts portfolio, delinquencies jump 6:00pm EST 

NEW YORK (Reuters) - Fannie Mae , shrunk its gross mortgage portfolio by an annual rate of about 28 percent in October and delinquencies on loans it guarantees rose sharply in September, the largest U.S. home funding company said on Tuesday.  Full Article  

U.S. House Prices

Click on the cities below for changes in the S&P/Case-Shiller Home Price Index for August '09.



 

Housing Market Data

Current Indicators

The S&P/Case-Shiller Home Price Index tracks changes in single-family home prices in 20 U.S. metropolitan regions. Read the most recent data.

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The NAHB/Wells Fargo Housing Market index tracks builders' confidence in their ability to sell new homes. Read data for the latest month.

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With new home sales, existing home sales is the key indicator of demand in the housing market. Read for data from the latest month.

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A key indicator of demand in the housing market. Read for data from the latest month.

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Leading Indicators

This monthly indicator tracks construction underway on new homes. It's a key look at the housing market as well as the U.S. economy. Read the latest.

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The monthly report tracks the number of permits issued to build new single-family homes. Read the latest.

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James Pethokoukis
Please quit real estate, Washington

There are lots of villains to blame for the U.S. financial crisis but the one baddie Washington doesn’t want to touch is, well, Washington.  Blog 

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Show us your credit crunch

Have you been hit by the U.S. housing crisis? Do you see evidence of the year-long credit crisis all around?   Blog 

Special Report: Housing's Fragile Recovery

A Reuters short sales graphic.  REUTERS/ Stephen Culp
"Short sale" battles weigh on recovery

Home equity lenders faced with losses from the U.S. property slump are holding out for more money in distressed sales, slowing transactions needed to support a recovery, real estate agents and analysts say.  Full Article 

 
Bruce (L) and his son Aaron Norris, of the Norris Group, tour a home being remodelled in San Bernardino, September 23, 2009. In a January 2006 report titled "The California Crash" Norris, president of The Norris Group, warned of the downturn to come as the state's median home price had tripled to $540,000 in May 2006 from $177,600 in 1997. A "dance of debt" was born as lenders happily obliged the erosion of personal budgets, Norris said.  REUTERS/Mario Anzuoni
What lessons learned?

Responses to the housing crisis may fall short of fostering the kind of stability required to rebuild a housing market healthy enough to withstand the next downturn.  Full Article 

 
A for sale sign sits outside of a house in Miami Beach October 22, 2009. REUTERS/Carlos Barria
Mortgage insurers may gain from Obama's housing push

The Obama administration's latest effort to boost the beleaguered housing market is likely to help mortgage insurers as lower defaults will boost their liquidity.  Full Article 

 
Nabil Boctor poses in his home in Moreno Valley, California, September 25, 2009.  REUTERS/Nick Carey
Risks still lurk even as buyers return

Investors and homeowners in California are bracing for another fall in the housing market as emergency government support measures fall short or expire.  Full Article 

 
Todd Kaufman visits a house he renovated which is for sale in Thousand Oaks, California September 22, 2009.  REUTERS/Phil McCarten
New investors swoop on battered housing market

Property investors these days are smaller and say they are more willing to wait it out -- a stark contrast from the fervent flipping and reckless borrowing that characterized housing investment a few years ago.  Full Article 

 
A sign marks the entrance for REDC Foreclosure Home Auction in New York, March 8, 2009. REUTERS/Shannon Stapleton
At auctions, broken dreams on sale

Saddled with swollen portfolios of foreclosed and unsold properties in the housing crisis, U.S. lenders and builders are turning to professional auctioneers to help them unload the unwanted real estate in a hurry.  Full Article