If you need assistance, please call 407-288-5182

Home Prices "Remarkably Stable" in April

Friday, July 10, 2020   /   by Erik Bjorklund

Home Prices "Remarkably Stable" in April

Home prices continued to hold up on a national basis
in April. The S&P CoreLogic Case-Shiller U.S. National Home Price Index,
covering all nine U.S. census divisions, reported a 4.7 percent annual gain in
April, up from 4.6 percent in March.
The National Index posted a 1.1 percent
month-over-month increase before seasonal adjustment and an 0.5 percent gain
after it. The 10-City Composite appreciated at an annual rate of
3.4 percent, unchanged from the March rate while the 20-City Composite's annual
increase rose to 4.0 percent from 3.9 percent the previous month. The 10-City and
20-City measures had monthly increases of 0.7 percent and 0.9 percent
respectively before seasonal adjustment and both posted 0.3 percent increases after
adjustment. In April, all 19 cities (excluding Detroit for which
sufficient data was not available due to a county recording office shutdown)
reported increases before seasonal adjustment. Sixteen of the 19 cities
reported them afterward.


 

...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Fidelity Home Group | Mortgage News | Mortgage Rates
eXp Realty
Tony Fuentes
1999 W. Colonial Dr
Orlando, FL 32804
407-288-5182

© 2020 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.12/1/2020 5:54 PM CST
This site powered by CINC: www.cincpro.com