Mortgage rates plus all the latest real estate market news.

 

Freddie Mac’s Multi-Indicator Market Index (MiMi):

  • The national MiMi shows an improvement of 1.3 percent from May to June and a three-month improvement of approximately 2.3 percent.
  • Year over year, the national MiMi value has improved by 5.4 percent.
  • It is still off from its high of 121.7 at the current index of 80.3.

 

The top markets for real estate agents, according to SmartAsset:

  • Smaller markets account for the majority of top markets for real estate agents
  • One of the last recovery markets, Las Vegas appears to be on the rebound.
  • Only five primary markets — Denver, Las Vegas, Nashville, Sacramento and Charlotte — were in the top 20.

real_estate_agents_2_map1

Trulia’s fastest-moving markets report:

  • Competition in hot markets may be slowing down, according to a recent Trulia research report.
  • Nationally, 63 percent of homes listed for sale on June 17 were still on the market on Aug. 17, which is up a bit from 61 percent for the same period last year.
  • California continues to reign as the state with the fastest-moving markets.

Trulia_FMM_FastList1

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

Yesterday’s market news:

S&P/Case-Shiller U.S. National Home Price Index:

  • The index climbed 4.5 percent year over year in June 2015.
  • Denver (10.2 percent), San Francisco (9.5 percent) and Dallas (8.2 percent) reported the highest year-over-year gains.
  • The national index jumped 1 percent month over month in June 2015.

s&pcaseshiller

 

WalletHub’s healthiest housing markets:

  • Austin, Texas, is the healthiest large housing market in the U.S., followed by Seattle, Washington, and Denver, Colorado.
  • Cleveland, Ohio, is the least-healthy large housing market, followed by Detroit, Michigan, and Milwaukee, Wisconsin.
  • Berkeley, Sunnyvale and San Mateo, California, were the markets with the lowest percentage of homes in negative equity.

Source: WalletHub

 

Federal Housing Finance Agency’s House Price Index:

  • U.S. house prices rose 1.2 percent in the second quarter of 2015.
  • This signifies the 16th consecutive quarterly price rise.
  • The seasonally adjusted monthly index for June was up 0.2 percent from May, and house prices rose 5.4 percent year over year.

 

Zillow’s July real estate market report:

  • Home values rose 3 percent year over year in July, down from 3.4 percent year-over-year growth in June.
  • Denver, Dallas, San Jose and San Francisco are still experiencing double-digit home value increases.
  • Rent continues to rise, up 4.2 percent year over year from July 2014.

Send market reports to press@inman.com.

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