S&PCoreLogicCaseShiller Reports Record High Home Price Gain The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.7% annual gain for July, 2021, which they say is a record high. Their 10-City Composite annual increase came in at 19.1% and their 20-City Composite posted a 19.9% year-over-year gain. “We have previously suggested that
Home Price Increases Reach All-Time High in July According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 18% year-over-year in July. CoreLogic predicts that home prices will increase on a month-over-month basis by 0.7% through August, 2022, and on a year-over-year basis by 2.7% through July, 2022.
High Prices & Low Rates are Driving Mortgage Refinance Boom According to data complied by Statista, a combination of historically low mortgage rates and soaring home prices led to a surge in mortgage refinances in the U.S. In fact, the refinance boom became even more apparent in early ’21, as existing homeowners refinancing their debt