News : FNCs RPI

Home Prices Continue to Strengthen; FNC Residential Price Index Up 0.8%

30 Jul, 2012 16:29 CET - FNC

FNC’s latest Residential Price Index™ (RPI) indicates that U.S. residential property values continue to rise in May, widening March’s and April’s gains to capture the strongest seasonal price rebound in five years. Nationwide, May home prices – based on recorded non-distressed sales transactions in the 100 largest metropolitan areas – rose 0.8% from the previous month. Limited inventory amid rising seasonal demand...

FNC Study: How Local Market Conditions Affect Appraisal Valuations

19 Jul, 2012 17:36 CET - FNC

Last month, the Appraisal Institute released “Guide Note 12: Analyzing Market Trends,” a resource designed to give AI members an analytical framework for studying market trends while developing a market value opinion on a property. The Guide Note is particularly concerned with challenges faced by appraisers when market conditions are rapidly changing, as demonstrated by recent boom and bust cycles of the U.S....

March FNC Residential Price Index Up 0.5%

23 May, 2012 17:26 CET - FNC

Year-to-Year Declines at Five-Year Lows
FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that U.S. residential property values are up for the first time since July 2011, providing more evidence that the housing market is rebounding as the spring homebuying season is underway. Despite modest declines in March home sales, home prices – based on recorded sales transactions in the nation’s...

February Residential Property Values Down 0.8%

24 Apr, 2012 17:03 CET - FNC

FNC’s latest Residential Price Index™ indicates that U.S. property values continue to weaken
FNC’s latest Residential Price Index™ (RPI), released Friday, indicates that U.S. residential property values continued to show signs of persistent weakening - ending in February with a seventh consecutive month-to-month decline. Despite sharply rising activities in existing home sales and new housing starts from a year...

Foreclosures Continue to Bring Home Prices Down

3 Apr, 2012 16:50 CET - FNC

FNC releases Q4 2011 Update of Market Distress and Foreclosure Discount
The latest FNC Residential Price Index™ (RPI), released Monday, indicates that U.S. home prices declined steadily in the last half of 2011. Since July 2011, prices on non-distressed properties (excluding foreclosure sales, REO sales, and short sales) have fallen 4.5% - averaging nearly 1.0% per month, according to the RPI -- the mortgage...

January Residential Property Values Drop 0.6%

27 Mar, 2012 17:42 CET - FNC

FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that U.S. residential property values declined in January, in spite of continued economic expansion and an improving job market in recent months. The latest persistent downtrends are driven primarily by conditions in the distressed market, which remains overwhelmed by the disposal of foreclosed and REO properties. Down 0.6% from December,...

November Home Prices Decline 0.4%

18 Jan, 2012 18:03 CET - FNC

FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that U.S. home prices continued to decline despite recent signs of job recovery and rising home sales and new residential constructions. The continued price retreat comes as no surprise as the housing market remains constrained by high volumes of delinquent mortgages and home foreclosures. November marks the fourth consecutive month-to-month...

Home Prices Continue to Weaken: Down 0.6% in October

21 Dec, 2011 23:05 CET - FNC

Almost without exception, individual markets tracked by the FNC 30-MSA composite index declined in October.
FNC’s latest Residential Price Index™ (RPI), released Wednesday, indicates that October U.S. home prices continued to weaken at a modest pace despite recent positive home-sales data. The trend is a reminder that the housing market remains constrained by weak economic fundamentals and the overhang of...

Home Prices Decrease 0.4% in September

28 Nov, 2011 21:13 CET - FNC

Oxford, Miss. (Nov. 28, 2011) – With continued record foreclosure sales amid a weak economy and tight underwriting standards that continue to constrain housing demand, home prices are expected to remain weak despite low interest rates and renewed government efforts to keep people in their homes. FNC’s latest Residential Price Index™ (RPI), released Monday, indicates U.S. home prices decreased as expected in...

Home Prices End Recent Seasonal Rebound with 0.8% Decline in August

20 Oct, 2011 17:40 CET - FNC

Oxford, Miss. (October 20, 2011) – FNC’s latest Residential Price Index, released Thursday, indicates U.S. home prices declined in August despite strong existing home sales during the month. This decline reverses a modest fourth-month long seasonal uptrend. Amid weak economic fundamentals, home prices -- as well as a number of key leading housing indicators including new housing starts and building permits -- signal...

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