OXFORD — The latest FNC Residential Price Index (RPI) shows continuing momentum in the U.S. housing market with home prices rising to a two-year high in December. Despite an unexpected deceleration in economic growth, the ongoing housing recovery has maintained its pace with steady gains in home prices, sending the index up 5.4 percent year [...] [...]
by MBJ Staff Published: January 14,2013
Tags: demand, home, homeowner, house, index, market, mortgage, price, property, real estate, residence, resident, residential, supply, value
OXFORD — The latest FNC Residential Price Index (RPI) shows that the recovery of U.S. property values has continued through November — the ninth consecutive month of price gains driven largely by rising homes sales and moderate economic growth. An imbalance between rising demand and limited supply continues to be an important factor for sustained [...] [...]
by MBJ Staff Published: December 17,2012
Tags: commercial, home, house, index, industrial, land, mortgage, office space, property, real estate, report, residence, resident, residential, value
OXFORD — U.S. property values continue to show signs of improvement, in line with indications of continued expansion in economic activity and better employment rates in recent months, according to FNC’s latest Residential Price Index (RPI). Favorable developments in the housing sector, including declining foreclosure activities and rising home sales, have contributed to the continued [...] [...]
by MBJ Staff Published: October 16,2012
Tags: home, home price, house, index, mortgage, real estate, residence, resident, residential, technology
OXFORD — FNC’s latest Residential Price Index (RPI) indicates U.S. property values continue to rise. Home prices reached a 20-month high following a “robust” spring/summer home-buying season, FNC reports. In August, home prices rose for the sixth consecutive month, consistent with signs of strengthening market conditions that are led by rising existing-home sales and declining [...] [...]
by MBJ Staff Published: September 20,2012
Tags: economy, home, home price, homeownership, house, index, real estate, report, residence, residential, residential real estate
OXFORD — FNC’s latest Residential Price Index (RPI) indicates U.S. residential property values continue to climb, capturing a fifth consecutive monthly gain as the result of rising demand. More notably the index shows that for the first time since the housing market collapsed in 2007, home prices are beginning to recover on a year-over-year basis, [...] [...]