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The median sales prices of newly sold homes in September was $418,000, down from August’s average of $430,300. The average sales price was $505,900, also below August’s average of $514,000.
Economists polled by Reuters had forecast new home sales, which account for 13.1% of U.S. home sales, would hit a rate of 640,000 units. New home sales are counted at the signing of a contract ...
Ryan expects price inflation to continue to slow in the coming months, and predicts home prices will rise 3% next year, and 2.5% in 2026. He suggested Capital Economics’ forecast was once ...
The national indices. The S&P CoreLogic Case–Shiller U.S. National Home Price Index is a composite of single-family home price indices for the nine U.S. Census divisions. It is calculated monthly, using a three-month moving average. The S&P national index is normalized to have a value of 100 in the January 2000.
Prices hit another new all-time high in June, according to the National Association of Realtors (NAR), which reports that median existing-home prices were up 4.1 percent over last year — the ...
July 30, 2024 at 11:27 AM. US home prices hit a record in May but decelerated from the previous month. The S&P CoreLogic Case-Shiller National Home Price Index rose 5.9% over the last 12 months in ...
The median new house price increased 6% to $430,700 from February. That was the highest level since last August. Prices, however, slipped 1.9% from a year ago. Most of the new homes sold last ...
The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible ...