Keeping you up to date on the latest data releases.
The S&P Case-Shiller national housing price index rose 3.2 percent from the second to third quarter and 11.2 percent over the past four quarters. In September, both the 10-and 20-city composite indexes rose 0.7 percent for the month and 13.3 percent on a year-over-year basis. Overall, both the national and monthly composite indexes are back to mid-2004 price levels.
The FHFA housing price index rose 1.9 percent in the third quarter of 2013 and 8.4 percent since the third quarter of 2012. This represents the ninth consecutive quarterly price increase. On a monthly basis, the index improved by 0.3 percent in September and 8.5 percent annually. Regional home prices changes ranged from a decline of 0.1 percent in the Mountain, West South Central and Middle Atlantic regions to a 1.9 percent increase in the East South Central. The index is now back to early-2005 price levels.