Home Prices Barely Rose in Quarter
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Home prices rose in the third quarter at their slowest pace since 1998, and were essentially flat when adjusted for inflation.
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The annual rate of house price growth falls, despite a slight price gain in December, government figures show.
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US consumer prices inched up just 0.1 percent last month as gasoline and car prices tumbled, the government said on Thursday in a report that suggested the Federal Reserve need not hurry to push interest rates higher.
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The housing market has peaked but is not heading into the abyss, analysts said today, as figures showed property price falls for the fourth consecutive month.
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House prices rose by 0.2 per cent in September but the market remains subdued, says the Nationwide... September&#39;s rise follows August&#39;s modest 0.1 per cent increase, but annual house price inflation over the
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US house prices grew at the slowest rate in thirty years in the second quarter, according to a closely-watched report from the Office of Federal Housing Enterprise Oversight , providing further evidence of a cooling US housing market.
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Mortgage rates edged up slightly this week, putting an end to a two-week decline, according to surveys conducted by mortgage buyer Freddie Mac and Bankrate.
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U.S. consumer prices rose a mild 0.2  percent last month, but a sharp jump in lodging costs pushed  core inflation unexpectedly ahead at its quickest pace in five  months, a government report showed on Tuesday.
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Average U.S. home prices rose 7.73  percent over the 12 months to September 30, but the  quarter-to-quarter gain was the lowest since 1998 and indicates  a sharp deceleration in house price gains, the U.S. Office of  Federal Housing Enterprise Oversight reported Thursday.
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The U.S. economy should expand modestly in coming months, a gauge of future business activity showed Thursday, indicating consumers and businesses may be shrugging off the weak housing market.
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WASHINGTON - Consumer prices barely budged last month, suggesting that inflation isn&#39;t currently a problem for the economy and Federal Reserve policymakers can stick with a gradual approach to raising interest rates.
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The rate of increase in U.S. home prices remained steady in the fourth quarter of 2006, extending the slowing trend that began earlier in the year, federal regulators reported yesterday.
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Retail sales posted a modest gain, despite a drop in consumer confidence spurred by the housing downturn and turbulence in the financial market.
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Scottish house prices are lagging behind the rest of the UK but catching up fast, a report claims.
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Sales of previously owned homes inched up 0.4 percent but that did not change the overall bleak picture for a housing industry that has been suffering through a painful slump.
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Although existing homes are selling at their slowest pace in four years, most Americans are confident their homes are worth more now than they were a year ago, according to a survey released on Thursday.
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New official figures have cast some doubt on the claims that the UK housing market has begun to cool in recent months. Home prices rose by a strong 2.1% during July - despite other evidence that the market