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Home prices growth continued to slow in May as housing and the economy continues weakening trends, according to data through May 2014 in the S&P/Case-Shiller Home Price Indices show housing prices posted declines of 0.3% from April.
U.S. home prices ticked down 0.1% in December, declining for a second month, with 11 of 20 tracked cities posting drops, according to S&P/Case-Shiller. decline 0.3% in December, the first drop in.
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The S&P CoreLogic Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions. For a list of additional indices, please refer to the S&P CoreLogic case-shiller home price index Methodology.
University of California regents sue AIG over subprime mortgages AIG to sue Bank of America over mortgage securities Bank of America is reportedly facing a lawsuit from The American international group (aig) over hundreds of mortgage-backed securities. AIG’s lawsuit centres on the allegation that Bank of America misrepresented the standard of mortgage bond investments that lenders offered to investors.
U.S. home prices increased 0.3% in March – the smallest monthly increase in years – and were up 3.7% compared with March 2018, according to the S&P CoreLogic Case-Shiller home price index. "Home price gains continue to slow," says David M. Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices, in a.
· Vegas was among U.S. cities with the biggest annual price increases in May, with a 6.4% gain, according to an S&P CoreLogic Case-Shiller index released Tuesday.. Bay Area would say home prices.
At the currently lower pace of home price increases, prices are rising almost twice as fast as inflation: in the last 12 months, the S&P Corelogic Case-Shiller National Index is up 3.7%, double.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 4.0% annual gain in February, down from 4.2% in the previous month.
Seasonally adjusted home prices fell 0.3% in May from the prior month, the first drop since January 2012, after climbing 0.1% in April.
Although the Chicago area can’t make the same claim the Case Shiller Chicago index did rise in the rankings of 20 metro areas based upon a 6.2% year over year increase in single family home prices.
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Home prices climbed 3.5% year-over-year in April, a slowdown from 3.7% in March. The 10-city composite rose 2.3% year-over-year, which was a slight gain from 2.2% growth in March. The 20-city composite climbed 2.5% year-over-year, down from 2.6% the previous month.
Americans still favor owning over renting, but for how long? RMBS issuance soars past estimations Those bonds could soar in price if banks lose or settle those lawsuits-or if investors think they’ll lose or settle. And there are as many as $200 billion worth of them out there, according to Nomura..The decline in net worth has implications for retirement security, with 28% of Americans over age 18 claiming no savings whatsoever, a 2016 fed survey reported. Still, Americans are. However,