Posted on 08/27/2013 6:33:42 AM PDT by whitedog57
The S&P Case-Shiller repeat sales house price index for 20 metro areas rose 0.89% in June, and rose 12.07% YoY. Now THAT is a big increase in house prices!
cshp082713
House prices are back to October 2008 levels.
cschart082713
But Case-Shiller was no surprise if you follow CoreLogics Loan Performance HPI that came out earlier.
Atlanta was the leader on major metro areas in June.
csloanhp082713
And Washington DC is the worst performing major metro (but still up 1% in June).
csmetro082713
csmetro2082713
House prices continue to rise despite flat-lined mortgage purchase applications.
cs20mbap082713
Inflation in college tuition is rivaling the increase in house prices.
20130826_inflation
If college expenses are going up, it's because students are still getting loans to go to college. I can't be sympathetic....they should know better by now.
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