Every autumn, people everywhere look forward to the special day where, for 24 hours, they can take on the persona of their ultimate fave entertainer, character, or in some cases, fast food item. And celebrities are no different.
Check out a few of our famous faves from this year's festivities:
Posted To: MBS Commentary
Bonds ended the day in weaker territory with 10yr yields rising roughly 3bps and Fannie 4.0 MBS losing nearly a quarter of a point. Much like yesterday, bonds lost most of their ground in the overnight session. Much like yesterday, an absence of drama in equities markets gave way to bond losses. Taken together with the last 4 trading sessions, bonds look as though they're bouncing at 10yr yield levels near 3.06. In that sense, today's modest weakness offers another bit of confirmation for that bounce. The counterpoint is that yields seemed similarly unwilling to break up above 3.16% today. The general unwillingness to extend a rally or to spike to higher yields is consistent with indecision . Perhaps bonds are waiting for input from the upcoming economic data or from next week's...(read more)
Posted To: MBS Commentary
Bonds ended the day in weaker territory with 10yr yields rising roughly 3bps and Fannie 4.0 MBS losing nearly a quarter of a point. Much like yesterday, bonds lost most of their ground in the overnight session. Much like yesterday, an absence of drama in equities markets gave way to bond losses. Taken together with the last 4 trading sessions, bonds look as though they're bouncing at 10yr yield levels near 3.06. In that sense, today's modest weakness offers another bit of confirmation for that bounce. The counterpoint is that yields seemed similarly unwilling to break up above 3.16% today. The general unwillingness to extend a rally or to spike to higher yields is consistent with indecision . Perhaps bonds are waiting for input from the upcoming economic data or from next week's...(read more)
Project by: Melissa
Location: Upper East Side — New York, New York
My girlfriend Melissa and I purchased a small studio apartment on the Upper East Side of Manhattan in October 2015. With a reasonable renovation budget, our goal was to take this fixer-upper, maximize the space and create a home for us for the next few years.
Posted To: MND NewsWire
While they are talking apples and oranges, both the U.S. Census Bureau and ATTOM Data Solutions each took a recent look at residential vacancies . The Census Bureau's quarterly report on Residential Vacancies and Homeownership noted a decline in the incidence of rental property vacancies and a stable situation among owned properties while ATTOM was concerned primarily with what they call "zombie" foreclosures, homes that fall vacant during the foreclosure process. The Census Bureau puts the vacancy rate for rental housing at 7.1 percent in the third quarter of this year, down from 7.5 percent last year, while the homeowner vacancy rate, at 1.6 percent was identical year-over-year. The report estimates a total of 138.6 million housing units nationwide, 121.354 million or 87.6 percent of which...(read more)
Posted To: MND NewsWire
While they are talking apples and oranges, both the U.S. Census Bureau and ATTOM Data Solutions each took a recent look at residential vacancies . The Census Bureau's quarterly report on Residential Vacancies and Homeownership noted a decline in the incidence of rental property vacancies and a stable situation among owned properties while ATTOM was concerned primarily with what they call "zombie" foreclosures, homes that fall vacant during the foreclosure process. The Census Bureau puts the vacancy rate for rental housing at 7.1 percent in the third quarter of this year, down from 7.5 percent last year, while the homeowner vacancy rate, at 1.6 percent was identical year-over-year. The report estimates a total of 138.6 million housing units nationwide, 121.354 million or 87.6 percent of which...(read more)Posted To: Mortgage Rate Watch
Mortgage rates were higher by a fairly small margin once again today. Interest rates in general (which are determined by the bond market) have been taking most of their cues from recent stock market volatility. That's not always the way it works, but it's the way things have been in the wake of the big stock losses seen on several occasions in recent weeks. Now, as stocks begin to stabilize and move higher, rates have felt some pressure to do the same. Unfortunately, in relative terms, the recent drop in rates hasn't even come close to matching the move in stocks. Simply put, the bond market is reluctant to improve too much without more substantial justification. Such justification could take the shape of even bigger stock losses, or more realistically, weaker economic data. To that end, the...(read more)
Posted To: Mortgage Rate Watch
Mortgage rates were higher by a fairly small margin once again today. Interest rates in general (which are determined by the bond market) have been taking most of their cues from recent stock market volatility. That's not always the way it works, but it's the way things have been in the wake of the big stock losses seen on several occasions in recent weeks. Now, as stocks begin to stabilize and move higher, rates have felt some pressure to do the same. Unfortunately, in relative terms, the recent drop in rates hasn't even come close to matching the move in stocks. Simply put, the bond market is reluctant to improve too much without more substantial justification. Such justification could take the shape of even bigger stock losses, or more realistically, weaker economic data. To that end, the...(read more)Well before announcing their engagement in August, Nick Jonas was already planning his future with Priyanka Chopra by locking down the property that they will call home.
Name: Caitlin Doughty
Location: Mid City — Los Angeles, California
Size: 1.000 square feet
Years lived in: 8 years, renting
Death is often portrayed unrealistically in television and movies. It's a major "scary" element to Halloween (in costume and decor). And death is no longer something that happens in the home, as it did for generations before us. As a mortician, author and owner of her own funeral home, Caitlin Doughty is dedicating her life to creating a more open conversation about death and dying, in a culture that has a huge discomfort with both. She speaks around the world on the history of death culture, rituals and the funeral industry, and her home is both a reflection of her passions and a celebration of the things she's dedicated her life to.
In cities with a remarkably high cost of living, it's likely that life requires you to work 45-plus hours a week and pull a side hustle. While some people love to practically live at work, most strive for that elusive perfect work-life balance. And then there are even some who strive for less work and more life. While this seems like a unicorn lifestyle to those living in a city like New York, there are many who seek out places to live where your 9-to-5 might actually be more like a 9:30-to-4:30. If you are one of these people looking for this, remarkably there are places with work cultures like this—and no, you won't have to live in Europe.
As part of this year edition of WalletHub's Best Small Cities in America survey, the personal finance education site looked at 1,268 cities in the U.S. and plucked out the ones with the lowest average weekly work hours. They found that, as a general rule, if you want to work less, you should head to the Midwest. Four of the five cities with the lowest time spent at work were found there, with Michigan being home to two cities.
Interested in seeing what life could look like outside the office in these cities? Here, some of the highlights:
I started my search for an adjustable bed after my chiropractor suggested that one could help alleviate back pain and neck issues from sports injuries (and just getting older.) However, many of these beds would require getting rid of my current bed frame or even mattress, which is what led me to trying out the Yaasa adjustable bed frame.
I've been on a bit of a mission lately to spruce up the areas in my home that I'm less than satisfied with. Living in my rental condo for the past two-plus years, I've focused so much of my attention on decorating the more "public" areas like the living room, my office (which is tucked into a nook in my living room) and my kitchen/dining area. But the less visible areas like my master bathroom and bedroom have gone a little neglected as of late.
Know the thing that you're constantly bumping into at your house? Come on, you know you have one. Well, if you live in a small space, you probably do. For me, it was the tiny stand that my bedroom television's cable box was on. There's not much of a walkway between my bed and the wall, but we wanted a TV in there and had to have the cable box because, well, local sports. So with the box came the need for a tiny table to hold it. Honestly, what I had going on in there was more of a cube really, part of a Target nesting set I had since my first college apartment. The piece was not all that deep but projected just enough to get in my way. All the time. And I bruise easily. So when my boyfriend suggested a projector-and-cutting-the-cord combo, I was all ears. No cable box would mean no table. And a projector meant no physical television, which, though we had a wall-mounted flat screen at that time, still took up a decent amount of wall space and wasn't exactly flush to the wall. Every square inch counts in an apartment, right?
From Whippets dressed up in cardboard At-At Walker armor to Golden Retrievers in cone-of-shame martini glasses, there are few things cuter than dogs in Halloween costumes. And thanks to Canine Journal, we now know the states where you're most likely to see them IRL—plus the dog costumes projected to be the most popular for 2018, and tips for making sure your pupper is having as much fun as you are.
Name: Chris McGovern
Location: NoMad — Manhattan, New York
Size: 925 square feet
Years lived in: 1.5 years, owned
In a city full of high-rises often with floors of identical apartments, Chris was keen to find a space that was both architecturally unique and required some renovation to put his own touch on it. He gravitated towards loft spaces throughout his search. In 2017, he purchased a loft in Manhattan on the border between Chelsea and NoMad. It has oversized floor-to-ceiling, arched windows that provide an abundance of light and an original tin ceiling that was in rough shape but salvageable. Even after the full renovation, these are still two of Chris' favorite aspects of the apartment.
Kitchen renovations are basically one long series of compromises. Stumble upon a Ferrari red Bertazzoni range at half price? Obviously you have to slash the budget elsewhere (many elsewheres) to make that the star of the new kitchen. More often than not, these compromises are focused on the savings and not the splurging.
You may have heard of "mise en place" when it comes to cooking— it's the French culinary concept that advocates having all your ingredients and tools in place before you start working—but have you ever heard of mise en place cleaning? Well, we're here to tell you that despite it sounding quirky, it's every bit as beneficial as the cooking style.
Oh Command strips, where would we be without you? The perfect combination of strong and sticky, these little tabs are a mainstay in most people's junk drawers.
Like many of you, I've been a hardcore Command strips fan for years. Back in college, I would use 'em to hang everything from frames, to long mirrors, to that ubiquitous poster of Audrey Hepburn in "Breakfast at Tiffany's." Today, they still play an integral role in making my rental apartment look less, well, rental.
When I was little, my sisters and I had a pop-up Barbie camper, and I thought it was the coolest thing in the world. This real-life camper is just like that, right down to the kitchen in a slide-out drawer—and unlike the Barbie version, it can be ready to go in just 30 seconds.
This tiny kitchen was making its owner feel claustrophobic. All it took was $30 and a couple of hours to add breathing room—and beauty—without losing any storage space.
They say good things come in small packages—and fans of the tiny house movement seem to agree. More and more people are giving up typical homes (and typical mortgages) and choosing the pared-down experience of living in small prefab homes—but that doesn't mean sacrificing luxury or comfort. Here are five examples of prefab homes that pack a ton of upscale amenities into tiny spaces.
Posted To: MBS Commentary
The title of this commentary is not a Halloween pun . I don't do Halloween puns anymore. No, there is some legitimate cause for concern--even a bit of fear--in the bond market movement seen so far this week. This movement wouldn't be much to look at in and of itself, but it's when we compare it to moves in equities markets that the fear starts to set in. What am I talking about? Really, the same thing I've brought up a few times since Monday morning when I noted that bond yields were unwilling to move to new lows on Monday despite stocks making new lows for the month. That's highlighted in the chart below ("bounce clues"), as well as two subsequent examples of bonds' willingness to sell despite an absence of obvious justification from stocks (highlighted as...(read more)
Posted To: MBS Commentary
The title of this commentary is not a Halloween pun . I don't do Halloween puns anymore. No, there is some legitimate cause for concern--even a bit of fear--in the bond market movement seen so far this week. This movement wouldn't be much to look at in and of itself, but it's when we compare it to moves in equities markets that the fear starts to set in. What am I talking about? Really, the same thing I've brought up a few times since Monday morning when I noted that bond yields were unwilling to move to new lows on Monday despite stocks making new lows for the month. That's highlighted in the chart below ("bounce clues"), as well as two subsequent examples of bonds' willingness to sell despite an absence of obvious justification from stocks (highlighted as...(read more)
Having plenty of Halloween candy to pass out—and then some—is not optional. Which sparkly princess or toddling robot with an upturned, hopeful face and proffered bucket could you tell "Sorry, we ran out of treats"? Not happening. And then there's the kids coming home with their hauls from which they'll pick a designated ration of their favorites (plus your tithe) and all that leftover candy. Sometimes there's way too much of a good thing.
Posted To: Pipeline Press
"The best part about Halloween is that the cobwebs in my house look like decorations." For perhaps a morning, the focus for lenders has shifted away from cash flow and recruiting to who will win the yearly Halloween costume contest. The usual favorite (IT - Minions) or the long-shot shipping department (Ninja Turtles)? Perhaps accounting (The Pricing is Right!) or underwriting (Game of Thrones)? Compliance and QC departments have been gutted, but their Baywatch entries turned heads in the past. Or perhaps the dark horse: Capital Markets as One Direction. So much intrigue! Lender Products and Services Advantage Credit, Inc ., a leading provider of credit reporting and verification services to the mortgage industry is pleased to announce its merger with Clear Choice Credit based in...(read more)
Name: Irene Kim Coppedge, husband and two kids
Location: San Diego, California
Size: 3,500 square feet
Years lived in: 3 years, owned
Two kids, two adults, two goldfish (Kiwi and Porkchop), and one hamster (Hammy) live in our happy home. We purchased it in 2014 and moved in after a medium-sized renovation. We live in a part of San Diego that is full of wonderful, unique, old homes and it's hard to find something that is "move-in" ready. We worked hard on this home and it is truly my happy place.
Posted To: Pipeline Press
“The best part about Halloween is that the cobwebs in my house look like decorations.” For perhaps a morning, the focus for lenders has shifted away from cash flow and recruiting to who will win the yearly Halloween costume contest. The usual favorite (IT - Minions) or the long-shot shipping department (Ninja Turtles)? Perhaps accounting (The Pricing is Right!) or underwriting (Game of Thrones)? Compliance and QC departments have been gutted, but their Baywatch entries turned heads in the past. Or perhaps the dark horse: Capital Markets as One Direction. So much intrigue! Lender Products and Services Advantage Credit, Inc ., a leading provider of credit reporting and verification services to the mortgage industry is pleased to announce its merger with Clear Choice Credit based in...(read more)
Lots of small space strategies are about so much more than just making it work in an itty bitty box; they're smart ideas that everyone can use in any space. Try these on for size.
Posted To: MND NewsWire
After posting the first across-the-board volume increases in almost a month during the week ended October 19, activity reversed last week, and the seasonally adjusted Market Composite Index declined 2.5 percent. The index, produced by the Mortgage Bankers Association, lost 3 percent on an unadjusted basis. The MBA's Refinance Index was down by 4 percent during the week ended October 26, the fourth negative report in the last five weeks, and the share of applications that were for refinancing decreased to 39.4 percent from 39.8 percent. Both the seasonally adjusted and the unadjusted Purchase Indices declined by 2 percent from the previous week and the unadjusted version was 0.4 percent below the level during the same week in 2017, the first year-over-year loss since August. The average size...(read more)
Posted To: MND NewsWire
After posting the first across-the-board volume increases in almost a month during the week ended October 19, activity reversed last week, and the seasonally adjusted Market Composite Index declined 2.5 percent. The index, produced by the Mortgage Bankers Association, lost 3 percent on an unadjusted basis. The MBA's Refinance Index was down by 4 percent during the week ended October 26, the fourth negative report in the last five weeks, and the share of applications that were for refinancing decreased to 39.4 percent from 39.8 percent. Both the seasonally adjusted and the unadjusted Purchase Indices declined by 2 percent from the previous week and the unadjusted version was 0.4 percent below the level during the same week in 2017, the first year-over-year loss since August. The average size...(read more)
For 10 days at the end of October, Apartment Therapy wants to help you get ahead on the holidays. Together, we're checking off doable daily tasks to get one step closer to the effortless holiday season you deserve. Sign up now (it's free!) so you don't miss a thing.
Culture has a way of evolving a vocabulary to embrace and explain humanity's common eccentricities. But whether we call it emotional labor, adulting, or GSD (getting sh*t done), the struggle is the same: Sometimes, it can be a challenge to stay on top of menial everyday life stuff.
When you're neglecting basic tasks—whether it's due to a mental illness like depression or just because you're happy focusing on other stuff right now—there's a common bit of advice that echoes among the therapists and the think pieces: Start small. I hope you're not struggling right now (Solidarity if you are! In the interest of disclosure and de-stigmatization, I suffer from depression myself.), but I thought we could take that mantra—start small—and use it to tackle a holiday prep task today.
Something that's easily forgotten until it feels like it's too late.
There is nothing more therapeutic than playing with a pup (or ten) when you're stressing. The second you graze over their adorable little hairs on their adorable little head, all the worries of the world seem far, far away—right where they should remain.
Posted To: MBS Commentary
If there's a theme in the bond market over the past 2 days, it's that we've broken away from the previously fairly rigid correlation with stocks. That's not to say the correlation was helping bonds move at the same pace as stocks--simply that the two had generally been moving higher and lower at the same time at almost any given moment over the past week and a half. The disconnect started taking shape yesterday when stocks set new lows for the current trend/move while bond yields were unable/unwilling to move back to their lows. Then again in the overnight session, we saw stocks level-off around 4am while bond yields continued higher. That didn't bode well for bonds heading into the rest of the day, but fortunately, they were willing to remain disconnected even as stocks...(read more)
Posted To: MBS Commentary
If there's a theme in the bond market over the past 2 days, it's that we've broken away from the previously fairly rigid correlation with stocks. That's not to say the correlation was helping bonds move at the same pace as stocks--simply that the two had generally been moving higher and lower at the same time at almost any given moment over the past week and a half. The disconnect started taking shape yesterday when stocks set new lows for the current trend/move while bond yields were unable/unwilling to move back to their lows. Then again in the overnight session, we saw stocks level-off around 4am while bond yields continued higher. That didn't bode well for bonds heading into the rest of the day, but fortunately, they were willing to remain disconnected even as stocks...(read more)Posted To: MND NewsWire
Freddie Mac is forecasting that there will be GDP growth of 3.0 percent in the second quarter of this year, moderating from the strong 4.2 percent growth in the first quarter. The company's October Forecast, prepared by its Economic and Housing Research Group, now extends its predictions into 2020 and they are looking at substantial economic slowing by then. The forecast for all of 2018 is growth of 3.0 percent, slowing to 2.4 percent next year and to only 1.8 percent in 2020 "as the effects of expansionary fiscal policy fade." Last year's hurricanes damaged both the economy and the housing sector, but at this point Hurricane Florence is expected to create only a small dip in economic growth and cause no appreciable increase in foreclosures. The labor market picture continues to be strong with...(read more)
Posted To: MND NewsWire
Freddie Mac is forecasting that there will be GDP growth of 3.0 percent in the second quarter of this year, moderating from the strong 4.2 percent growth in the first quarter. The company's October Forecast, prepared by its Economic and Housing Research Group, now extends its predictions into 2020 and they are looking at substantial economic slowing by then. The forecast for all of 2018 is growth of 3.0 percent, slowing to 2.4 percent next year and to only 1.8 percent in 2020 "as the effects of expansionary fiscal policy fade." Last year's hurricanes damaged both the economy and the housing sector, but at this point Hurricane Florence is expected to create only a small dip in economic growth and cause no appreciable increase in foreclosures. The labor market picture continues to be strong with...(read more)Posted To: Mortgage Rate Watch
Mortgage rates were moderately higher today as underlying bond markets continued backing away from their strongest levels in more than 3 weeks (stronger bonds = lower rates). In general, bonds' strength had come at the expense of the stock market, but it was taking more and more drama in stocks to net the same amount of benefit for bonds. For example, even though the S&P was lower yesterday than it was last Friday, bonds weren't able to make it back to last Friday's levels--something they would have easily done if they were keeping a consistent pace with stock losses. With stocks improving modestly today, bonds were logically weaker. To be fair, this relationship won't always set the tone for bonds, but it has been the biggest consideration this month. The remainder of the week brings several...(read more)
Posted To: Mortgage Rate Watch
Mortgage rates were moderately higher today as underlying bond markets continued backing away from their strongest levels in more than 3 weeks (stronger bonds = lower rates). In general, bonds' strength had come at the expense of the stock market, but it was taking more and more drama in stocks to net the same amount of benefit for bonds. For example, even though the S&P was lower yesterday than it was last Friday, bonds weren't able to make it back to last Friday's levels--something they would have easily done if they were keeping a consistent pace with stock losses. With stocks improving modestly today, bonds were logically weaker. To be fair, this relationship won't always set the tone for bonds, but it has been the biggest consideration this month. The remainder of the week brings several...(read more)Name: Kami Gray, her husband Bryant and dogs Ben and George
Location: Mt. Tabor Neighborhood — Southeast Portland, Oregon
Size: 2,968 square feet
Years lived in: 2.5 years, owned
Kami and Bryant started dating when they both lived on different floors of the same condo building. After falling in love, they decided to buy a house to live in together. They purchased a home on Mt. Tabor — an extinct volcano and one of the highest points in Portland — and jumped right into a major remodel.
You want to redecorate your living room, but you don't know where to start. Do you decide on a color palette first and then choose your furnishings, or wait to find a staple piece you can't do without and stem inspiration from there? And if the later, with every furniture website having endless pages of products, how do you decide?
LEGOs aren't just for the kiddos. If you miss those colorful building blocks of your childhood, you'll love this DIY coffee table from California-based art director Yusong Zhang. It took him three weeks to make and over 10,000 brick pieces. But what's perhaps most surprising is how modern and sophisticated it looks in his living room.
The old adage is to take off at least one accessory before leaving the house, but that doesn't ring true when it comes to house decor. When it comes to art in your home, sometime more is really more. Floor-to-ceiling gallery walls not only bring a touch of color and busy-ness into a room, but it also lets you flex your creative muscles, allows you to bring character into the space, and lets you show your personality through the paintings and prints you choose. So why not layer up on it? Below are rooms that prove that when it comes to wall art, you need to go big or go home.
As you undoubtably already know, Amazon is a never-ending pit of kitchen gadgets, groceries, decorative items, and thousands (millions?) of other things. It can be overwhelming! To help you navigate the pages—and pages!—of products, we polled the kitchen experts from our sister site Kitchn to see what goodies they recently bought for their own spaces.
Here's what everyone's been shopping for, why they love their purchases, and how they're using them.
Spoilers ahead for season one of "Forever."
Show: "Forever"—Season one streaming on Amazon Prime.
Style: Mid-century modern meets suburban Americana
Why we love it: "Forever" imagines an afterlife that's not all that much different from life itself—and that's both extremely comforting and completely unnerving.
Death is hardly something to fear when it just means moving to a different part of town—and into a mid-century dream house. But the new show from Amazon, starring Maya Rudolph and Fred Armisen as married couple June and Oscar, is more what than meets the (well-designed) eye.
In your first year of owning your own home, every new day brings on a new challenge. And thanks to that fresh and dewy homeowner glow, you're poised to tackle them all. Who cares if the wall is crooked and the kitchen is in disarray—they're yours.
I'm a lazy holiday decorator. I'm completely fine with throwing a pumpkin or gourd on the table, and calling it a day. If said decorations work for multiple holidays, all the better. Which is why I love walking into Trader Joe's. Groceries aside, there's always some new, seasonal item found right inside their front door—pumpkins, eucalyptus, and alstroemerias to name a few— that I can buy and keep around for months. I was there this past weekend and spotted these natural wheat stalks, and I flipped out a little bit.
Name: Molly Crabapple and Fred Harper
Location: Lower Manhattan — New York, NY
Size: 800 square feet (I think?)
Years lived in: 10 years, renting
Molly Crabapple's simple bio would read that she's a New York-based artist and writer. But for a longer description of her life and work, you'd need a lot more than just a sentence. Her writing has been featured in The New York Times, The Paris Review, Vanity Fair, The Guardian, CNN, and Newsweek. Her illustrated memoir "Drawing Blood" published in 2015, just one of the books she's had a part in creating. But perhaps her most powerful work is her unique blend of artist-writer-illustrator-journalist style when it comes to covering subjects ranging from conflicts, injustices, and politics from around the world. Her work—and the lower Manhattan studio she's inhabited for a decade with her partner Fred—both exude freedom and fearlessness.
Raising a family in a city is not easy. One of the biggest hindrances? Space. When they started their family, and started looking for real estate in New York, Casey and Kumar first thought they would have to leave the city. But instead, they decided to get creative.
Some of the world's most iconic homes, such as Philip Johnson's Glass House, now function as "House Museums." Every day, numerous visitors enter the homes to marvel at their style—and every day, the buildings' house managers are tasked with creating an intimate, homey setting, and keeping up with maintenance so people can continue visiting for years. Finding this balance is a big challenge for any homeowner—and even more so when the house happens to be a Cape Cod Modernist icon or a masterpiece by Philip Johnson.
While you may not have people touring your home daily, you still probably want to have it as well-kept. I reached out to the house managers at iconic homes across the world to find out how they keep them in tip-top shape. Here, four of their best tips.
Look, we know when you get home after a long day of work the last thing you want to think about is cleaning, but like it or not, it's a great time to get a little light housekeeping done.
Posted To: MND NewsWire
The S&P CoreLogic Case-Shiller U.S. National Home Price Index for August showed an annual appreciation rate that was lower than 6.0 percent for the first time in a year. The rate fell from 6.0 percent in July to 5.8 percent in the index which covers all nine U.S. census districts. On a month-over-month basis the National Index was up 0.2 percent on a non-seasonally adjusted basis and was 0.6 percent higher than in July when seasonally adjusted. The 10-City Composite Index dropped from an annual gain of 5.5 percent in July to 5.1 percent in August while the 20-City Composite declined to 5.5 percent from 5.9 percent. On a monthly basis both indices were unchanged from their July readings on a non-seasonally adjusted basis, but each rose 0.1 percent after adjustment. Twelve of the 20 cities...(read more)
Posted To: MND NewsWire
The S&P CoreLogic Case-Shiller U.S. National Home Price Index for August showed an annual appreciation rate that was lower than 6.0 percent for the first time in a year. The rate fell from 6.0 percent in July to 5.8 percent in the index which covers all nine U.S. census districts. On a month-over-month basis the National Index was up 0.2 percent on a non-seasonally adjusted basis and was 0.6 percent higher than in July when seasonally adjusted. The 10-City Composite Index dropped from an annual gain of 5.5 percent in July to 5.1 percent in August while the 20-City Composite declined to 5.5 percent from 5.9 percent. On a monthly basis both indices were unchanged from their July readings on a non-seasonally adjusted basis, but each rose 0.1 percent after adjustment. Twelve of the 20 cities...(read more)