Expand Your Education with These Courses from
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
Time Management: Skills for Sales Success: Part Two.
The Psychology of Consultative Selling: Skills for Sales Success: Part Four.
At Home with Diversity.
Bundle 3: CIPS Institute (US Version).

Home Prices Continue to Soar in May – REALTORS® Use Latest Stats to Inform Consumers Real Estate Is Back

Have a comment on this article? Share on Facebook!

“Real estate professionals around the country have been reporting to RISMedia for several weeks how their marketplaces have been recovering, including the rise in housing prices as well as continued consumer interest in housing,” said John Featherston, CEO and Publisher of RISMedia. “Today’s S&P/Case-Shiller home price index report illustrates the extent of the housing recovery to date and validates what so many local and regional brokerage leaders have been reporting. RISMedia’s CEO Exchange, the annual independent think-tank conference for real estate brokerage owners will be examining this trend as well other issues affecting the residential real estate industry.”

Commenting on more of today’s Case-Shiller report, Blitzer also noted that the Southwest and the West saw the strongest year-over-year gains as San Francisco home prices rose 24.5% followed by Las Vegas (+23.3%) and Phoenix (+20.6%). New York (+3.3%), Cleveland (+3.4%) and Washington D.C. (+6.5%) were the weakest.

Monthly numbers before seasonal adjustment showed all 20 cities experienced rising prices. San Francisco (+4.3%), Chicago (+3.7%) and Atlanta (+3.4%) were the leaders. However, two cities – Cleveland and Minneapolis were down slightly after seasonal adjustment.

“The overall report points to some shifts among various markets: Washington D.C. is no longer the standout leader and the eastern Sunbelt cities, Miami and Tampa, are lagging behind their western counterparts,” Blitzer said.

Continue Reading 1 2 3

Have a comment on this article? Share on Facebook!

Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>