Case-Shiller: Annual Home Price Growth Slows for 13th Consecutive Month • Quality Title Group, LLC

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Case-Shiller: Annual Home Price Growth Slows for 13th consecutive month 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.

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A reverse mortgage loan becomes immediately due if certain things happen, such as the death of the homeowner, the homeowner vacates the house for six months or more for a non-medial reason and 12 months or more for a medical reason. It becomes due if the home is no longer the principal residence of the reverse mortgage borrower.

We think home price appreciation is set to slow but not fall negative absent a recession in the overall economy. Housing is no longer a tailwind for the economy, but the headwinds are blowing very gently. Home prices: from boom to bust Home prices nationally, as measured by the S&P CoreLogic Case-Shiller index are running at 6.0% yoy as of the.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index , covering all nine U.S. census divisions, reported a 5.1% annual gain in July, up from 5.0% in June. The 10-City Composite posted a 4.2% annual increase, down from 4.3% the previous month.

A reverse mortgage loan becomes immediately due if certain things happen, such as the death of the homeowner, the homeowner vacates the house for six months or more for a non-medial reason and 12 months or more for a medical reason. It becomes due if the home is no longer the principal residence of the reverse mortgage borrower.

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