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

CoreLogic’s Home Price Index report for November 2015:

  • Colorado, Hawaii, Nebraska, New York, Montana, Tennessee, Texas and Wyoming reached new price highs in November 2015.
  • Home prices were up 6.3 percent year-over-year.
  • CoreLogic forecasts that home prices will increase by 5.4 percent by November 2016.

corelogic-hpi-nov2015

Yardi Matrix’s December 2015 apartment trends report:

  • Rents were up 6.4 percent year-over-year in December 2015.
  • This is significantly higher than the 2.8 percent long-term average.
  • Average rent nationwide remained at $1,165; this is $1 less than the peak in September and October 2015.

yardi-average-rents

Mortgage rates:

[graphiq id=”b2w6fmfIyNL” title=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/b2w6fmfIyNL” link=”http://mortgage-lenders.credio.com” link_text=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

[graphiq id=”2NvK9Bl9HIF” title=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/2NvK9Bl9HIF” link=”http://mortgage-lenders.credio.com” link_text=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

 

Home equity rates:

[graphiq id=”kPkTJrAnX5r” title=”Average Home Equity Loan Bank Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/kPkTJrAnX5r” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Bank Rates by State | Credio”]

[graphiq id=”dP0v3iYOnH” title=”Average Home Equity Loan Credit Union Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/dP0v3iYOnH” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Credit Union Rates by State | Credio”]

 

Yesterday’s most recent market news:

U.S. Census Bureau’s November 2015 construction spending report:

  • Construction spending was at a seasonally adjusted rate of $1,122.5 billion.
  • This is 0.4 percent below the revised October 2015 estimate.
  • It’s also 10.5 percent above the November 2014 estimate.

Black Knight Financial Services’ October 2015 home price index:

  • The home price index for October 2015 was $254,000.
  • New York, Tennessee and Texas hit new peaks in October.
  • Connecticut saw the most negative monthly movement.

BKFS_HPI_Oct2015_US_hi_res

Send market reports to press@inman.com.

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