Home prices

July 28, 2020 - 8:04 am
WASHINGTON (AP) — U.S. home prices grew more slowly in May, but continued to show resilience in the face of the coronavirus outbreak. The S&P CoreLogic Case-Shiller 20-city home price index rose 3.7% in in May from a year earlier, a drop from a 3.9% increase in April and a smaller gain than...
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This April 16, 2020 photo shows a real estate company sign marking a home for sale in Harmony, Pa. Long-term U.S. mortgage rates were mixed this week, continuing to hover near all-time lows. Mortgage buyer Freddie Mac reports that the average rate on the benchmark 30-year home loan edged up to 3.26% from 3.23% last week, which was the lowest level since Freddie started tracking rates in 1971. (AP Photo/Keith Srakocic)
May 14, 2020 - 2:43 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates were mostly steady this week, hovering near all-time lows. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year home loan edged up to 3.28% from 3.26% last week. A year ago, the rate stood at 4.07%. The average...
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FILE - This Aug. 15, 2005, file photo, shows a housing development with the Las Vegas Strip in the background. Las Vegas-area home prices hit a record high in March, ahead of the economic shutdown prompted by the coronavirus pandemic. Las Vegas Realtors reported Tuesday, April 7, 2020, the median sales price of previously owned single-family homes climbed to $319,000, topping the previous record $316,000 set in February and up 6.3% from March 2019. Home sales were up 5.2% during the month, and up 11.7% for condominiums and townhouses. (AP Photo/Joe Cavaretta, File)
April 28, 2020 - 8:03 am
WASHINGTON (AP) — U.S home prices were rising at a steady pace in February, before the viral outbreak shuttered much of the economy and caused a sharp decline in home sales. March sales of new and existing homes then plummeted as much of the U.S. population sheltered in place. The S&P CoreLogic...
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March 31, 2020 - 7:54 am
BALTIMORE (AP) — U.S. home price growth was showing signs of acceleration in January, a sign of the solid demand that existed before the coronavirus outbreak caused millions of job losses and tossed the U.S. economy into a likely recession. The S&P CoreLogic Case-Shiller 20-city home price...
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In this Monday, Jan. 27, 2020 photo a passer-by, below left, walks toward an entrance to a Home Depot store location, in Boston. Home Depot Inc. reports financial results on Tuesday, Feb. 25. (AP Photo/Steven Senne)
KNSS News
February 25, 2020 - 8:20 am
Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales. The home improvement retailer also boosted its quarterly dividend by 10%. Shares rose 3% in premarket trading Tuesday. “Home Depot’s numbers are important as they, perhaps more than those of other...
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FILE - This Jan. 9, 2020, file photo shows a sold sign is posted on a real estate sign outside a home in Derry, N.H. On Tuesday, Jan. 28, 2020, the Standard & Poor's/Case-Shiller 20-city home price index for November is released. (AP Photo/Charles Krupa, File)
January 28, 2020 - 9:38 am
WASHINGTON (AP) — U.S. home prices rose at a faster pace in November than the previous month as lower mortgage rates and a sharp drop in available properties have pushed would-be buyers to bid up home values. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.6% in November from a...
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FILE - In this July 22, 2019, file photo a sale pending sign stands in front of a house in North Andover, Mass. On Tuesday, Oct. 29, the National Association of Realtors releases its September report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/Elise Amendola, File)
October 29, 2019 - 10:22 am
WASHINGTON (AP) — More Americans signed contracts to buy homes in September, a sign that the housing market is still benefiting from lower mortgage rates. The National Association of Realtors said Tuesday that its pending home sales index rose 1.5% from August to September to 108.7, its highest...
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In this Aug. 16, 2019, photo a for sale signs beckon buyers to homes along Park Avenue in Richmond, Va. On Tuesday, Aug. 27, the Standard & Poor's/Case-Shiller 20-city home price index for June is released. (AP Photo/Steve Helber)
August 27, 2019 - 11:07 am
WASHINGTON (AP) — U.S. home prices rose more slowly in June as some of the country's most expensive housing markets saw stagnant or even falling prices. The S&P CoreLogic Case-Shiller 20-city home price index rose 2.1% in June from a year earlier, down from a 2.4% gain in May. Prices fell 1.3%...
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FILE - This June 20, 2019, file photo shows an existing home is offered for sale in Rutledge, Ga. Weaker home sales trends are expected to contribute to a sharp slowing in the home remodeling market. (AP Photo/John Bazemore, File)
July 29, 2019 - 12:31 pm
NEW YORK (AP) — Weaker home sales trends are expected to contribute to a sharp slowing in the home remodeling market. That's the conclusion of a report by Harvard University's Joint Center for Housing Studies. The quarterly report forecasts that spending by homeowners for renovations, expansions...
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FILE - In this June 19, 2019, file photo trader Robert Chamak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, June 25. (AP Photo/Richard Drew, File)
June 25, 2019 - 1:43 pm
Stocks fell on Wall Street in afternoon trading Tuesday after discouraging economic data and cautionary remarks from the head of the Federal Reserve stoked investors' worries that the U.S. economy is slowing. In an early afternoon speech, Fed Chairman Jerome Powell noted that the economic outlook...
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