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Daily market update: Jan. 26, 2016

Mortgage rates plus all the latest daily real estate market news
Published on Jan 26, 2016

We’ll add more market news briefs throughout the day. Check back to read the latest.

November 2015 Case-Shiller housing price index:

  • The index was up 5.3 percent year-over-year.
  • Portland, San Francisco and Denver reported the highest annual gains.
  • The index rose 0.1 percent month-over-month in November 2015 (seasonally unadjusted).

Federal Housing Finance Agency’s House Price Index for November 2015:

  • Home prices are up 0.5 percent (seasonally adjusted) month-over-month.
  • Year-over-year, prices were up 5.9 percent.
  • The index levels for October/November 2015 exceeded the 2007 peak.

Mortgage rates:

 

Home equity rates:

 

Last week’s most recent market news:

National Association of Realtors’ December 2015 existing-home sales:

  • Total existing-home sales rose 14.7 percent month-over-month in December 2015 (on a seasonally adjusted basis).
  • The median existing-home price for all housing types in December was $224,100, up 7.6 percent year-over-year.
  • Total housing inventory was 1.79 million existing homes for sale, down 3.8 percent year-over-year.

December EHS Infographic

Email market reports to press@inman.com.

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