RE/MAX of Greensboro & PartnersRE/MAX of Greensboro & Partners

Triad Real Estate: Greensboro, High Point, Kernersville, Winston Salem

RE/MAX Partners: 336.854.2400
RE/MAX of Greensboro: 336.854.0500
My Account Login | Register
  • Menu
  • Home
  • Search Homes For Sale
  • Home Valuation
  • Meet Our Agents
  • the Blog
  • Join RE/MAX
  • Contact Us

Case-Shiller: Home Price Growth Slower in April

Case Shiller Home Prices San Francisco Denver see Double Digit Increases

According to the Case-Shiller 20-City Home Price Index for April, home prices slowed from the March reading of 4.30 percent year-over-year to 4.20 percent year-over-year. David M Blitzer, Chairman of S&P Index Committee, said that home prices are not accelerating and characterized slower home price growth as “sustainable as compared to double-digit appreciation in home prices seen in 2013.”

The disparity between wage increases and home price growth was keeping would-be-buyers on the sidelines; so slower gains in home prices may bring more buyers into the market.

Denver Claims Top Spot for Year-Over-Year Home Price Growth

Denver, Colorado led home price appreciation in April according to Case-Shiller. The mile-high city posted a reading of10.30 percent year-over-year home price growth in April. San Francisco, California followed closely with a reading of 10.00 percent. Miami, Florida rounded out the top three price gains with a reading of 8.80 percent.

The lowest reading for year-over-year home price growth in April was posted by Washington D.C. with a reading of 1.10 percent. This was followed by Cleveland, Ohio with a reading of 1.30 percent and Boston, Massachusetts with a reading of 1.80 percent year-over-year home price growth.

Of the nine cities reporting higher year-over-year price gains, Las Vegas Nevada reported a gain of 6.30 percent in April as compared to a gain of 5.70 percent in March. Las Vegas was one of the hardest-hit housing markets during the recession.

Seattle Tops Month-to-Month Home Price Growth

Month-to-month price gains in April were led by Seattle Washington, which reported a home price gain of 2.30 percent. This reading was followed by San Francisco, California where home prices increased by 2.00 percent from March to April.

Denver rounded out the top three month-to-month price gains with a reading of 1.90 percent. Boston, Massachusetts reported the lowest month-to-month price growth with a reading of 0.30 percent followed by New York City’s reading of 0.50 percent and San Diego, California’s month-to-month gain of 0.60 percent.

In unrelated reports, the Commerce Department reported that pending home sales rose to their highest reading in more than nine years. Pending home sales rose by 10.40 percent year-over-year in May. Pending home sales are seen as a reliable indicator of future closings.

Posted in: Market Outlook Tagged: Case Shiller, Home Price Index, S&P Index

Quick Home Search

Post navigation

« Showing Your Home to Buyers? Don’t Make These 4 Mistakes – They Could Cost You Dearly!
Let’s Talk Hardwood: Why Converting Your Home to Hardwood Flooring Will Boost Its Value »

My Account Login

Recent Blog Posts

Home Buyer Guide - Winter 2021

Home Buyer Guide - Winter 2021 Are You Thinking About Buying a Home? The process of buying a home can be overwhelming at times, but you don’t need to go through it alone. You may be wondering … Continue reading...

Some Highlights Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also … Continue reading...

It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more … Continue reading...

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their … Continue reading...

Search The Blog

Search for:

News, Tips & Advice

  • Around The Home (272)
  • Baby Boomers (6)
  • Buying Myths (88)
  • Chapter 7 Bankruptcy (1)
  • Consumer Tips (1)
  • Credit Scoring (1)
  • Demographics (19)
  • Distressed Properties (22)
  • Down Payments (37)
  • Federal Reserve (29)
  • FHFA (2)
  • Financial Crisis (1)
  • Financial Reports (135)
  • First Time Home Buyers (212)
  • For Buyers (413)
  • For Sellers (343)
  • Foreclosure (1)
  • Foreclosures (23)
  • FSBOs (15)
  • Gen Z (8)
  • Generation X (4)
  • Giving Back (3)
  • Happy Thanksgiving (1)
  • Holidays (11)
  • Home Building Tips (5)
  • Home Buyer Tips (198)
  • Home Buying Tips (1)
  • Home Care (3)
  • Home Decorating (2)
  • Home Financing Tips (4)
  • Home Maintenance (1)
  • Home Mortgage (3)
  • Home Mortgage Tips (134)
  • Home Ownership (2)
  • Home Seller Tips (162)
  • Home Selling Tips (27)
  • Home Tips (1)
  • Home Values (6)
  • Homebuyer Tips (6)
  • Homeowner Tips (7)
  • Housing Analysis (184)
  • Housing Market (18)
  • Housing Market Updates (284)
  • Infographics (106)
  • Interest Rates (121)
  • Investment Properties (1)
  • Just For Fun (2)
  • Luxury Market (11)
  • Market Outlook (148)
  • Millennials (15)
  • Mortagage Tips (5)
  • Mortgage (87)
  • Mortgage Guidelines (19)
  • Mortgage Rates (150)
  • Mortgage Tips (11)
  • Move-Up Buyers (238)
  • New Construction (26)
  • News (74)
  • Personal Finance (26)
  • Pricing (176)
  • Rankings (2)
  • RE/MAX Buyer & Seller Tips (1)
  • RE/MAX of Greensboro (17)
  • Real Estate (309)
  • Real Estate 101 (10)
  • Real Estate Definitions (3)
  • Real Estate Tips (43)
  • Real Estate Trends (2)
  • Rent vs. Buy (43)
  • Selling Myths (56)
  • Selling Your Home (1)
  • Senior Market (6)
  • Short Sales (4)
  • Statistics (2)
  • Taxes (3)
  • The Economy (20)
  • Time-sensitive (14)
  • Uncategorized (12)

Home Buyer Tips

Looking For A Major Lifestyle Change? Consider Buying A ‘Micro’ Home

With the cost of a home on the rise and the concept of being sustainable becoming more popular, many people are considering moving to a smaller home to minimize their impact. It’s important, however, to consider what living small is really like before deciding that it’s the right move for you.

Around The Home

The Basic Home Security Checklist Every Home Needs

Did you realize that only around 17 percent of the homes in the United States have a security system? Leaving your residence unprotected can come back to haunt you in the future.

Home Seller Tips

Selling Your Home FHA? Learn These Tips To Ensure A Smooth Closing

Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA’s standards. FHA won’t insure loans on just any property. While their standards aren’t as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing.

© 2022 · Greensboro Real Estate Inc. dba RE/MAX of Greensboro & RE/MAX Partners

Terms of Use | Privacy Policy | *Affiliated Business Notice

Each Office Independently Owned and Operated.
Greensboro Real Estate Inc Supports Equal Housing Opportunity
*Affiliated Business Notice

Click for the BBB Business Review of this Real Estate in Greensboro NC
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok