Daily market update: Sept. 29, 2015

Our daily summary of market news, updated regularly with new tidbits

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We'll add more market news briefs throughout the day. Check back to read the latest. CoreLogic's cash sales blog post: Cash sales comprised 31.3 percent of total home sales in June 2015, down from 33.9 percent year-over-year. Cash shares fell by 0.7 percentage points in June 2015 compared with May 2015. Prior to the great recession, cash sales share of total home sales averaged about 25 percent.'s advance read on market trends and hotness index: The national median list price is $230,000, down 1 percent over August 2015 and up 6 percent year-over-year. The median age of inventory is now 80 days, up 6.7 percent from August 2015 but down 5 percent year-over-year. Eleven California cities appear on the list of the 20 hottest markets in the U.S.     S&P/Case-Shiller July 2015 Home Price Index: The index rose 4.7 percent year-over-year in July 2015. The national index rose 0.7 percent month-over-month in July. San Fran...