Besides surging oil prices and financial sector woes. The supply of new single-family homes remained high at 10.9 months. Personal Income soared 1.9% in May, following April’s 0.3% growth. Income.

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Home price growth slowed again in May according to Case-Shiller home price indices. Home price growth slowed for the 14th consecutive month to its lowest rate in 12 years. Case-Shiller’s National Home Price Index showed 3.40 percent growth year-over-year in May as compared to April’s year-over-year reading of 3.50 percent.

Case-Shiller: Annual Home Price Growth Slows for 13th Consecutive Month June 27, 2019 by Michael Isaacs Case-Shiller’s 20-City Home Price Index for April showed further declines in home price growth with 2.50 percent year-over-year home price growth as compared to March home price growth of 2.60 percent.

What’s Ahead For Mortgage Rates This Week – February 5th, 2018. Last week’s economic releases included readings on pending home sales, Case-Shiller Home Price Indices and construction spending.

“High inventories suggest still-falling house prices putting further pressure on consumers’ balance sheets. Although new home inventories declined in the latest month. S&P/Case-Shiller Composite.