ShareThe Nationwide monthly index of house prices came in this morning showing a 0.4% bump in October from September. While this was less than last month’s 0.9% rise, it was the sixth consecutive month of price increases and it marked the first time in two years that house price in the U.K. were higher year-on-year. [...]

ShareAnnaly Capital Management’s blog has a good piece up on foreclosures, inspired by yesterday’s Case-Shiller data (hat tip Scott). If you missed it, The S&P/Case-Shiller index showed a pretty steep 1.2% month-on-month increase in U.S. house prices in its latest figures (for August 2009). This is the fourth consecutive month of increases, signaling to some [...]

ShareThe latest data from the S&P/Case-Shiller house price indices shows house prices increasing in 17 of 20 major residential markets. The overall composite index are up for the fourth month in a row but year-over-year comparisons still show a double-digit decline in prices. A snapshot of the data is provided below.

The three lagging markets are [...]

ShareThere is mounting evidence that bubbles are forming again everywhere across the globe as easy money makes itself felt in asset prices. The latest evidence comes from Sweden where Europe’s lowest home loan rates have pushed up the price of residential property.
At issue is the extremely loose monetary policy in Sweden that is an outgrowth [...]

ShareFurther proof that the reflationary efforts of policy makers is taking hold comes from London in the form of record high house prices.  The Guardian reports:
Property asking prices in London have broken through the record high set in November 2007 as the drought of homes for sale around the country continues to distort the market. [...]

ShareHere is some anecdotal evidence of the return of euphoria  in housing via Jim the Realtor.  Check out these videos of Carlsbad (North County section of San Diego) and the surrounding community to see what I mean – many but not all of these are going for well over list price. All of these are [...]

ShareThe Halifax reports that UK house prices rose for the third consecutive month in September, up 1.6% from August levels. Key to the rise has been a lack of supply coupled with increased demand (100% mortgages have helped as well).  Last week, Nationwide had pointed to a rise in ‘accidental landlords’ who did not wish [...]

ShareThe most recent data from the widely-followed S&P/Case-Shiller Home Price Indices was made available today. These data from July show house prices in the U.S. increasing for the third month in a row, suggesting that house prices have stabilized. Moreover, the trend was broad-based with only Seattle and Las Vegas showing house price declines in [...]

ShareNationwide released data from its August 2009 house price index showing that house prices rose 1.6% from the previous month.  This is the fourth consecutive month in which house prices have risen in the UK, bringing the year-on-year change to –2.7%.
Martin Gahbauer, Nationwide’s Chief Economist, said low interest rates are behind the recent rise (emphasis [...]

ShareThe data from the S&P/Case-Shiller Home Price Indices for June 2009 were released at 9AM ET, showing that house prices in the US increased for the second consecutive month.  Last month marked the first month since July 2006 that prices rose in the US. While prices should rise during the spring and summer, the most [...]