LPS: December home prices rose 5.8% annually

growth relative to 2016 when national dwelling values rose 5.8% and in 2015 when values nationally were 9.2% higher.. rental prices are down by only 1.5% over the year. The substantial fall in values relative. According to the CoreLogic December Hedonic Home Value Index results, national.

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Rising home prices continue to be driven by a shortage of inventory.. The year 2017 in Louisville residential real estate was marked by an acute.. Sales in the three counties were also up 12.5 percent in December. The median price for single-family homes and condos in all areas in 2015 increased 5.8.

 · December existing home sales, according to the National Association of Realtors, fell -3.6% from the previous month.. But on a positive note, existing home sales ROSE 1.1% on a Year-over-year (YoY) basis. The bad news? The inventory of existing home sales fell to its lowest level EVER. The median price of existing home sales rose 5.8% yoy.

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On the contrary, prices and home sales both posted their largest annual gains so far in 2016 and inventory fell farther than it has all year, revealing an exceptionally lively fall market. The median sale price rose 7.7 percent to $271,400, marking the highest annual price growth in 14 months.

The number of homes sold in the middle part of the country was the highest since April 2008. Sales also rose 5.8% in the South. even though prices are still on the rise. New home sales, for example.

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Elsewhere, prices rose. In Los Angeles County, the median climbed 5.8% to $600,000. single-family homes, the median price fell 0.7% from a year earlier in Orange County and 0.8% in Ventura County..

Home prices jumped in December to their fastest full-year growth since 2013, as buyers shrugged off the effects of higher interest rates.. rose 5.8% in the 12 months ended in December, compared.

National home prices hit a two-and-a-half year high in December, Case-Shiller says. The broader national index rose 5.8% for the year in the December period, the strongest gain in 30 months..

'Property is a risky thing': Stagnant property prices the new normal Sales of previously-owned U.S. homes fell in December for the first. The median selling price rose 5.8 percent in 2017, easily outpacing wage gains. Government data show the number of building.

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 · The typical home price rose 5.8% in January from a year earlier, the NAR said, to $240,500. "It will be an affordability conversation for many people," said Ruben Gonzalez, chief economist at real.