Mortgage rates plus all the latest real estate market news.

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

Federal Housing Finance Agency’s July 2015 House Price Index report:

  • Home prices in July were up 0.6 percent month-over-month.
  • Year-over-year, July home prices were up 5.8 percent.
  • The overall index is 1.1 percent below the March 2006 peak, at roughly the same level as the November 2006 index.

 

fhfa-jula-15

Zillow’s August real estate market reports:

  • The U.S. housing market is leveling off. It’s appreciating 3.3 percent from a year ago to a Zillow Home Value Index of $180,800.
  • Before the 2008 crash, 21.2 percent of homes (on average) were decreasing in value. Today’s percentage of average homes decreasing in value: 27.9 percent.
  • In Baltimore, 48.1 percent of homes decreased in value during the past year.

Weekly mortgage rates:


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Powered by MortgageCalculator.org

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

Yesterday’s market news:

NAR’s existing-home sales for August 2015:

  • Existing-home sales in August fell by 4.8 percent from July.
  • Sales have risen year over year and are 6.2 percent above a year ago.
  • The median existing-home price for all housing types in August was $228,700.

August EHS Infographic

Send market reports to press@inman.com.

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