The COVID-19 pandemic created the deepest economic contraction in modern U.S. history and led to considerable uncertainty. However, it also teed up the conditions that created a red hot housing market across the country.
: Home Prices Increased Across All 50 States in 2020. The greatest appreciation was in the Pacific Northwest and Mountain states, such as Idaho (20.9%), Montana (15.5%), Utah (15.5%), and Washington (13.7%). There was also strong price appreciation in New England, such as in Connecticut (14.2%), Maine (13.9%), New Hampshire (13.5%) and Rhode Island (13.2%).
Existing-home sales rose by 4.3% in October to a seasonally adjusted annual rate of 6.85…
Existing-home sales rose by 9.4% in September to a seasonally adjusted annual rate of 6.54…
The 20-City CoreLogic Case-Shiller Composite Index increased 5.1% year-over-year in September, unchanged from August’s increase. The 10-City Composite increased 4.3% annually, up from a 4.2% increase in the previous month. The National Index, which covers all nine Census divisions reported a 5.5% annual gain in September and reached an all-time high. On a seasonally adjusted
The 20-City CoreLogic Case-Shiller Composite Index increased 5.1% year-over-year in June, down from 5.3% in May. The 10-City Composite Index increased 4.3% annually, down from 4.4% in the previous month. The National Index, which covers all nine Census divisions increased by 5.1%, unchanged from last month. On a seasonally adjusted monthly basis, both the 10
The 20-City CoreLogic Case-Shiller Composite Index increased 5.2 percent year-over-year in May, down from 5.4 percent in April. The 10-City Composite Index increased 4.4 percent annually, down from a 4.7 percent increase in the previous month. The National Index, which covers all nine Census divisions increased by 5.0 percent, unchanged from April. On a seasonally
The 20-City Case-Shiller Composite Index increased 5.4 percent year-over-year in April, just below March’s rate of 5.5 percent. The 10-City Composite Index increased by 4.7 percent annually, down from a 4.8 percent increase in the previous month. The National Index, which covers all nine Census divisions increased by 5.0 percent, down from 5.1 percent in
The year-over-year appreciation of the 20-City Case-Shiller Composite Index was 5.4% in March, the same as in February. The 10-City Composite Index appreciation was also unchanged at 4.7%. The National Index, which covers home prices in all nine census divisions increased by 5.2%, down from 5.3% in February. On a seasonally adjusted monthly basis, the
The 20-City Case-Shiller Composite Index increased 5.4 percent year-over-year in February, down from January’s gain of 5.7 percent. The 10-City Composite Index increased by 4.6 percent from the previous year, down from a 5.0 percent annual increase last month. The National Index, which covers all nine census divisions increased by 5.3 percent, unchanged from January.