Las Vegas forecast to lead 2013 home price gains

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Home prices in 20 U.S. cities rose at a slower pace than forecast in the year ended in April. All 20 cities in the index showed a year-over-year gain, led by an 18.8 percent increase in Las Vegas.

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July Case-Shiller Forecast: Slowdown Coming in Home Prices By Svenja Gudell on Aug. 29, 2017 Following months of record highs in the Case-Shiller U.S. National Index for home prices, July is expected to bring a slowdown – to 5.6 percent from June’s 5.8 percent year-over-year, non-seasonally adjusted gain.

The West is expected to see a total 2013 gain of 10.1%, while the South will stay closer to 5.2% if predictions prove true. The Midwest and Northeast are forecasted to see total yearly gains of 4.

The Standard & Poor’s/Case-Shiller 20-City Index of home prices rose 5.6% from August 2013. in Las Vegas, where the year-over-year return fell from 12.8% in July to 10.1% in August. Miami, which.

Some people forecast that the median home price in Las Vegas could reach $275,000, $280,000 or even $290,000 if the growth in the housing market continues at this rate.

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Economists have forecast that employers added 181,000 jobs in April and that the unemployment rate stayed at a low 3.8%, according to data provider FactSet. It would follow a 196,000 job gain in March.

Home-price growth appears to be slowing in Houston, and most forecasts for that housing market predict smaller gains in 2019 than what we saw last year. Even so, home values within the Houston real estate market will likely continue to climb for the foreseeable future, largely due to population growth.

The increase exceeded the 7.9 percent median forecast by economists in a Bloomberg survey. improving home. prices climbing 1.9 percent in both metropolitan areas. Atlanta posted a 1.8 percent gain,

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