April 23, 2024 3:26 am
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Home price gains beat expectations

 

homeprices expectsBy Paul Bubny | GlobeSt.

Home prices nationwide rose at a slower pace in March than in February, but increases in a 20-city index either met or beat expectations. The latest S&P/Case-Shiller home price index, released Tuesday, showed a 0.85% increase month-over-month and a 5.43% gain year-over-year in the 20-city index.

Economists polled by the Wall Street Journal had expected an annual increase of 5.4%, while a Bloomberg Business survey called for 5.11%. The S&P/Case-Shiller US National Home Price Index, covering all nine US census divisions, reported a 5.2% annual gain in March, down from 5.3% the previous month.

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© 2024 Rose Law Group Reporter

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.