Annual House Price Growth Nears Return to Historical Norms Nationally, According to First American Data & Analytics Monthly Home Price Index Report
First American Corporation (New) (FAF)
Last first american corporation (new) earnings: 4/23 06:45 am
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Source: Business Wire
—Supply and Demand Dynamics Favor Ongoing House Price Slowdown, Even as Mortgage Rates Fall, says Chief Economist Mark Fleming— SANTA ANA, Calif.--(BUSINESS WIRE)--First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its August 2024 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be found here.August1 National House Price IndexFirst American Data & Analytics’ National Non-Seasonally Adjusted (NSA) HPIMetricChange in HPIJuly-August 2024 (month over month)+0.1 percentAugust 2023-August 2024 (year over year)+4.5 percentHighlightsHouse prices nationally are now 54.5 per
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