What Caused Real House Prices to Decline for the First Time in 8 months?

By FirstAm Editor on June 26, 2017
First American’s proprietary Real House Price Index (RHPI) looks at April 2017 data and includes analysis from First American Chief Economist Mark Fleming on the impact of wages and lower interest rates on real house prices. Read More

Interest Rates Real House Price Index Income

Supply Squeeze Sends Real House Prices Higher

By FirstAm Editor on May 25, 2017
First American’s proprietary Real House Price Index (RHPI) looks at March 2017 data and includes analysis from First American Chief Economist Mark Fleming on the continuing supply squeeze and its effect on real house prices. Read More

Interest Rates Real House Price Index Income

What’s Behind the Surge in Real House Prices?

By FirstAm Editor on April 24, 2017
First American’s proprietary Real House Price Index (RHPI) looks at February 2017 data and includes analysis from First American Chief Economist Mark Fleming on the impact of under-supplied markets on real house prices. Read More

Interest Rates Real House Price Index Income

Housing Affordability Ticks Up, But What Does That Mean for Spring Home Buying?

By FirstAm Editor on March 27, 2017
First American’s proprietary Real House Price Index (RHPI) looks at January 2017 data and includes analysis from First American Chief Economist Mark Fleming on the decline in affordability as consumer house-buying power dipped due to rising rates. Read More

Interest Rates Real House Price Index Income Affordability

Top 5 Most and Least Affordable Housing Markets Amid Higher Rates

By Mark Fleming on March 13, 2017
Recent economic data and comments by members of the Federal Open Market Committee (FOMC) all suggest that the chance of a rate increase this week after the FOMC meets is substantially higher than it was just a few weeks ago. Now that we are most likely in a rising rate environment, what does it mean for housing affordability? Read More

Real House Price Index Affordability

What’s Behind the December Dip in Housing Affordability?

By FirstAm Editor on February 27, 2017
First American’s proprietary Real House Price Index (RHPI) looks at December 2016 data and includes analysis from First American Chief Economist Mark Fleming on the decline in affordability as consumer house-buying power dipped due to rising rates. Read More

Interest Rates Real House Price Index Income Affordability