Home Prices Jump in December, Posting Biggest Increase in Almost Two Years
Home prices rose 8.8 percent in December from a year ago, the biggest increase in 22 months.
Nela leads Redfin’s housing market research team on data reports that help Redfin customers make informed choices. She comes to Redfin from Bloomberg LP, where she served as a senior economist with Bloomberg Government. She also served in past roles in the mortgage industry, capital markets and financial policy.
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Home prices rose 8.8 percent in December from a year ago, the biggest increase in 22 months.
Home prices surged in November by 6.8 percent from last year, the biggest increase since April.

In 2016 it may be easier to get a home loan, but finding the perfect home to buy will remain a challenge.

The latest jobs report checks all the boxes for the Fed to hike rates when it meets next week. But when it comes to housing, the job market comes up uncomfortably short.
Home sales stalled in October, increasing just 0.3 percent from last year, an abrupt slowdown from September’s double-digit growth. Twenty-seven of 67 metros tracked by Redfin had fewer transactions, including hot markets like Seattle, Denver, Austin, Miami and Dallas.

The Redfin Housing Demand Index posted its smallest annual increase so far this year, inching up only 0.3 percent to 93 in September from 92 a year earlier. Fewer people are touring and those who are have less to choose from, but they’re still making offers.
Home prices rose 8.8 percent in December from a year ago, the biggest increase in 22 months.
Home prices surged in November by 6.8 percent from last year, the biggest increase since April.

In 2016 it may be easier to get a home loan, but finding the perfect home to buy will remain a challenge.

The latest jobs report checks all the boxes for the Fed to hike rates when it meets next week. But when it comes to housing, the job market comes up uncomfortably short.
Home sales stalled in October, increasing just 0.3 percent from last year, an abrupt slowdown from September’s double-digit growth. Twenty-seven of 67 metros tracked by Redfin had fewer transactions, including hot markets like Seattle, Denver, Austin, Miami and Dallas.

The Redfin Housing Demand Index posted its smallest annual increase so far this year, inching up only 0.3 percent to 93 in September from 92 a year earlier. Fewer people are touring and those who are have less to choose from, but they’re still making offers.