April 25, 2024 11:22 pm
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October pivotal in home price growth

house-up-graph-300x217By Laura Kusisto | The Wall Street Journal

Home price growth gained strength in October, according to a report released Tuesday, even as more recent indicators suggest the pace of home sales has dramatically lost momentum as the year draws to a close.

The S&P/Case-Shiller Home Price Index covering the entire nation rose 5.2% in the 12 months ended in October, stronger than a 4.9% increase in September. Home price growth has steadily accelerated throughout 2015, underscoring that the housing market is returning to normal as the economy improves.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.