Home prices in the Boston area did not set the indices on fire in the latest Case-Shiller.
Home prices in the Boston area continued to moderate in November, falling 0.2 percent from October but rising a modest 4.0 percent from Nov. 2013, according to the latest Case-Shiller Home Price Indices.
It was the latest step in an essential realignment of Boston’s housing market, which likely expanded beyond its fundamentals in 2013; indeed, both home sales and price growth were more modest all throughout 2014.
Case-Shiller in November – A Slowing Marketplace
Nationally, the trends were similar:
- The 10-City Composite for the Case-Shiller rose 4.2 percent year-over-year, down from October’s 4.4 percent increase.
- The 20-City Composite, meanwhile, rose 4.3 percent, down from 4.5 percent in October.
- From October to November, the numbers for both composites were marginally negative, falling 0.3 percent for the 10-City Composite and 0.2 percent for the 20-City.
Blitzer – “Housing Recovery is Barely on First Base”
David Blitzer, the managing director and chairman of the index committee at S&P Dow Jones Indices, emphasized in his comments that housing still has a ways to go for a full recovery.
“With the spring home buying season, and spring training, still a month or two away, the housing recovery is barely on first base,” Blitzer said. “Prospects for a home run in 2015 aren’t good. Strong price gains are limited to California, Florida, the Pacific Northwest, Denver and Dallas. Most of the rest of the country is lagging the national index gains. Moreover, these price patterns have been in place since last spring. Existing home sales were lower in 2014 than 2013, confirming these trends.”
With inventory remaining low, Blitzer concluded that housing will only grow stronger with the rest of the economy.
“The best hope for housing is the rest of the economy where the news is better,” he said. “2014 was a good year for job creation and weekly unemployment claims – good short term indicators – which continue to provide upbeat reports. Consumer confidence, helped by cheap gasoline prices, is strong, and a good GDP number is expected this week.”
I just want to tell you that I am just all new to blogging and site-building and honestly liked this blog. More than likely I’m planning to bookmark your blog post . You actually have outstanding articles. With thanks for revealing your website page.
As I web-site possessor I believe the content material here is rattling great , appreciate it for your efforts. You should keep it up forever! Best of luck.
Thanks a bunch for sharing this with all of us you actually recognise what you are talking about! Bookmarked. Kindly also seek advice from my website =). We could have a link change arrangement between us|
I¡¦ll immediately clutch your rss feed as I can’t find your email subscription link or e-newsletter service. Do you have any? Please permit me know so that I could subscribe. Thanks.
hello there and thank you for your information – I’ve certainly picked up something new from right here. I did however expertise several technical issues using this web site, since I experienced to reload the web site lots of times previous to I could get it to load properly. I had been wondering if your web host is OK? Not that I am complaining, but sluggish loading instances times will often affect your placement in google and can damage your high-quality score if advertising and marketing with Adwords. Anyway I’m adding this RSS to my e-mail and could look out for much more of your respective fascinating content. Make sure you update this again soon..
Keep functioning ,fantastic job!
Good day very cool blog!! Guy .. Beautiful .. Superb .. I will bookmark your blog and take the feeds additionally…I’m glad to seek out a lot of useful info right here in the post, we’d like develop more techniques in this regard, thank you for sharing. . . . . .
My spouse and i felt satisfied Raymond could complete his investigations from the ideas he got while using the web site. It’s not at all simplistic just to happen to be giving away techniques which often other folks may have been selling. And we understand we have you to thank for this. The specific illustrations you have made, the straightforward site navigation, the friendships your site assist to instill – it’s all astounding, and it’s really helping our son in addition to us feel that the concept is amusing, and that’s pretty important. Thank you for all the pieces!
I was just looking for this info for a while. After 6 hours of continuous Googleing, at last I got it in your website. I wonder what is the lack of Google strategy that don’t rank this kind of informative sites in top of the list. Usually the top web sites are full of garbage.
I am continually invstigating online for articles that can help me. Thank you!
Hello, Neat post. There’s a problem together with your web site in web explorer, could check this¡K IE still is the marketplace leader and a big portion of folks will leave out your wonderful writing because of this problem.
Keep working ,remarkable job!
I¡¦ve read several excellent stuff here. Certainly value bookmarking for revisiting. I wonder how a lot effort you place to make any such excellent informative website.
I¡¦ll right away snatch your rss as I can not find your email subscription hyperlink or e-newsletter service. Do you’ve any? Please permit me understand so that I may just subscribe. Thanks.
I was just looking for this info for some time. After six hours of continuous Googleing, finally I got it in your web site. I wonder what’s the lack of Google strategy that don’t rank this type of informative websites in top of the list. Generally the top web sites are full of garbage.
Hello. Great job. I did not anticipate this. This is a fantastic story. Thanks!
Hi my loved one! I want to say that this article is amazing, great written and include approximately all vital infos. I would like to see extra posts like this .
Terrific work! That is the kind of info that should be shared across the web. Shame on the seek engines for no longer positioning this publish higher! Come on over and seek advice from my web site . Thanks =)
Hi there, just became alert to your blog through Google, and found that it’s truly informative. I am going to watch out for brussels. I’ll be grateful if you continue this in future. Many people will be benefited from your writing. Cheers!
Magnificent site. Plenty of useful info here. I am sending it to several buddies ans also sharing in delicious. And naturally, thank you on your effort!
This is really interesting, You are a very skilled blogger. I have joined your rss feed and look forward to seeking more of your fantastic post. Also, I’ve shared your website in my social networks!
As I website possessor I believe the content matter here is rattling great , appreciate it for your efforts. You should keep it up forever! Good Luck.
I do not even know how I ended up here, but I thought this post was good. I do not know who you are but definitely you’re going to a famous blogger if you are not already 😉 Cheers!
A person necessarily help to make seriously posts I might state. This is the first time I frequented your web page and to this point? I amazed with the analysis you made to create this actual publish incredible. Fantastic activity!
You are a very capable individual!
that’s good, thanks for sharing,.. I think this is great blog
that’s good, thanks for sharing,.. I think this is great blog
that’s good, thanks for sharing,.. I think this is great blog
that’s good, thanks for sharing,.. I think this is great blog
It’s actually a cool and helpful piece of information. I am glad that you shared this useful info with us. Please keep us up to date like this. Thanks for sharing.
Hi there, just became alert to your blog through Google, and found that it is truly informative. I am going to watch out for brussels. I’ll appreciate if you continue this in future. Numerous people will be benefited from your writing. Cheers!
that’s good, thanks for sharing,.. I think this is great blog
that’s good, thanks for sharing,.. I think this is great blog
I was suggested this website by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my difficulty. You’re amazing! Thanks!
Hey There. I found your blog using msn. This is a really well written article. I will make sure to bookmark it and come back to read more of your useful info. Thanks for the post. I’ll definitely comeback.
Excellent beat ! I wish to apprentice while you amend your web site, how can i subscribe for a blog website? The account aided me a acceptable deal. I had been tiny bit acquainted of this your broadcast offered bright clear concept
Great article and right to the point. I am not sure if this is truly the best place to ask but do you guys have any ideea where to hire some professional writers? Thanks 🙂
I am glad for writing to let you understand what a magnificent experience my daughter undergone checking your web site. She mastered several issues, which include how it is like to have a wonderful teaching mindset to get many more easily thoroughly grasp specific problematic things. You actually surpassed our own expected results. I appreciate you for churning out the precious, trustworthy, edifying as well as cool tips on that topic to Emily.
I precisely needed to thank you very much once again. I’m not certain what I could possibly have created in the absence of the information contributed by you over such subject. It previously was the fearsome matter in my opinion, nevertheless seeing the specialized mode you managed it made me to cry over happiness. I’m thankful for your work and thus expect you really know what a great job you have been providing teaching the mediocre ones thru your website. Probably you’ve never encountered all of us.
Good write-up, I¡¦m regular visitor of one¡¦s website, maintain up the nice operate, and It’s going to be a regular visitor for a lengthy time.
Thank you for the good writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! However, how can we communicate?
Hiya, I’m really glad I’ve found this info. Today bloggers publish only about gossips and web and this is actually irritating. A good site with exciting content, this is what I need. Thank you for keeping this web-site, I’ll be visiting it. Do you do newsletters? Can not find it.
You made some decent points there. I looked on the internet for the issue and found most persons will consent with your website.
Very well written post. It will be valuable to anybody who employess it, as well as yours truly :). Keep up the good work – looking forward to more posts.
that’s good, thanks for sharing,.. I think this is great blog
There is apparently a bunch to realize about this. I think you made various good points in features also.
that’s good, thanks for sharing,.. I think this is great blog
I was just seeking this info for some time. After 6 hours of continuous Googleing, at last I got it in your site. I wonder whats the lack of Google strategy that dont rank this kind of informative sites in top of the list. Normally the top websites are full of garbage.
http://riaunetwork.indonetwork.co.id/