background

Monthly Archives: April 2012

Another look at the regions

Maureen Maitland

Vice President

S&P Dow Jones Indices

April 30 - 3:26 pm

As we enter the sixth year of a bearish US housing market, location continues to play a major role in the relative size and severity of changes in home prices across the United States. With the S&P/Case-Shiller 20-City Home Price Indices, Boston saw average home prices peak first in the mid-2000s (September 2005) and Charlotte [...]

Posted in Housing Data, S&P/Case-Shiller Indices | Tagged 10-City Composite, 20-City Composite, Economy and Real Estate, home prices, latest results, MSAs, regions, residential real estate, S&P/Case-Shiller, S&P/Case-Shiller Home Price Indices report, US Housing Prices | 2 Comments

Videos: Robert Shiller Interviews on WSJ and Fox Business

Director, Global Index Communications

S&P Dow Jones Indices

April 30 - 2:06 pm

Professor Robert Shiller, co-founder of the S&P/Case-Shiller Home Price Index, discusses the latest data results for the S&P/Case-Shiller Home Price Indices in these two video clips: Wall Street Journal Fox Business

Posted in Housing Data, S&P/Case-Shiller Indices | Tagged home prices, latest results, Phoenix, Robert Shiller, S&P/Case-Shiller Home Price Indices report, US Housing Prices | 1 Comment

How the Cities Did

Chairman of the Index Committee

S&P Dow Jones Indices

April 27 - 5:23 pm

February’s data for the S&P/Case-Shiller Home Price Indices were a bit disappointing with nine cities — Tampa, Las Vegas, New York, Seattle, Portland OR, Chicago, Atlanta, Charlotte and Cleveland all making new post-boom lows. After all this, Las Vegas still holds the unenviable record for the largest peak-to-trough drop of 62%. The two composites also [...]

Posted in Economic Data, Housing Data, S&P/Case-Shiller Indices, Uncategorized | 1 Comment

Upbeat News

Chairman of the Index Committee

S&P Dow Jones Indices

April 27 - 4:41 pm

Good news on housing seems like an oxymoron to most people but today brought two examples. The front page of the Wall Street Journal carries a story, “Stunned Buyers Find the Bidding Wars on Back.” Yes, the Journal blames the competition on a supply shortage rather than excessive demand, but if there’s anything likely to [...]

Posted in GDP, Housing Data | Tagged David Blitzer, Economy and Real Estate, S&P/Case-Shiller | Leave a comment

S&P’s Housing Conference: Different Fundamentals for Housing Finance

Senior Director, U.S. Public Finance

Standard & Poor's Ratings Services

April 27 - 8:20 am

Standard & Poor’s Ratings Services’ U.S. Public Finance Housing Conference brings together respected industry participants with our team of housing analysts to discuss key topics in the affordable housing industry. The 2012 conference theme is “A New Foundation: Different Fundamentals for Housing Finance.” The conference will be held April 30-May 2, 2012, in Huntington Beach, [...]

Posted in Economic Data, Housing Finance & Policy | Tagged Housing Conference, Public Finance | Leave a comment

Video: CNBC Exclusive Interview with Maureen Maitland on U.S. Home Prices for March

Director, Global Index Communications

S&P Dow Jones Indices

April 26 - 8:45 am

Maureen Maitland, Vice President, S&P Indices, discusses the latest data results for the S&P/Case-Shiller Home Price Indices on CNBC’s Squawk on the Street.

Posted in Housing Data, S&P/Case-Shiller Indices | Tagged Economy and Real Estate, home prices, S&P/Case-Shiller, S&P/Case-Shiller Home Price Indices report, US Housing Prices | 3 Comments

Condo prices hit new crisis lows in Chicago, Los Angeles, New York and San Francisco

Maureen Maitland

Vice President

S&P Dow Jones Indices

April 25 - 12:25 pm

February 2012 data for the S&P/Case-Shiller Condo Price Indices were published on Tuesday April 24th, revealing that condo prices fell in all five of the metro areas covered by our indices – Boston, Chicago, Los Angeles, New York and San Francisco. All five cities have shown falling condo prices for at least five consecutive months [...]

Posted in Housing Data, S&P/Case-Shiller Indices | Tagged Boston, Chicago, condo, condo prices, Los Angeles, MSAs, New York, regions, residential real estate, S&P/Case-Shiller, S&P/Case-Shiller Home Price Indices report, San Francisco, US Housing Prices | Leave a comment

Nine Cities and Both Composites Hit New Lows in February 2012 According to the S&P/Case-Shiller Home Price Indices

Director, Global Index Communications

S&P Dow Jones Indices

April 24 - 9:00 am

S&P Indices released today the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices. Data is through February 2012. To access click: S&P/Case-Shiller Home Price Indices – April 2012 Release

Posted in Existing Home Sales and Months Supply, Homebuilders, Housing Data, Housing Finance & Policy, S&P/Case-Shiller Indices | Tagged 10-City Composite, 20-City Composite, David Blitzer, Existing Home Sales, home prices, residential real estate, S&P/Case-Shiller Home Price Indices report, US Housing Prices | 2 Comments

Consumer default rates almost back to levels seen before the housing crisis

Maureen Maitland

Vice President

S&P Dow Jones Indices

April 19 - 1:48 pm

On April 17th, S&P Indices and Experian released March data for the S&P/Experian Consumer Credit Default Indices, which measure consumer credit default rates. March data showed a sharp decline in the composite index, led by a 14 basis point drop in first mortgage default rates. While having a much smaller weight in the composite, second [...]

Posted in Consumer Credit, Economic Data, Mortgage Markets | Tagged Credit Default Indices, Default Rates, Economy and Real Estate, March 2012, mortgages, residential real estate, S&P/Experian Consumer Credit Default Indices, S&P/Experian Consumer Default Indices | 1 Comment

Economic Update: Still Looking For a Bounce

Beth Ann Bovino

U.S. Deputy Chief Economist

Standard & Poor’s Ratings Services

April 19 - 11:47 am

This week showed that housing starts tumbled in March. The surprise in the report was a hefty drop in multi-family home construction. And to add more fuel to housing market worries, builder confidence for April fell three notches from the March level. But although U.S. consumers aren’t buying up homes in large numbers right now, [...]

Posted in Construction, Economic Data, Uncategorized | Tagged Economic Update | Leave a comment