Playing Home Price Hopscotch in US and Canada (Part 1)

While there may be no definitive answers to that question, since there are so many different agencies calculating and publishing statistics on the subject, this Economy at a Glance will provide guidance through cataloguing many of the latest findings.

(Note of caution: one has to stay sharp to spot when the data changes between ‘new’ and ‘existing’ and with respect to ‘single-family’ versus ‘all’, which includes multi-family units.)

In the U.S. existing homes market, the SP Case-Shiller 10- and 20-city composite indices are recording year-over-year rises of 5.1% and 5.7% respectively. These indices are based on repeat sales of single-family homes.

The major U.S. cities with the fastest rates of year-over-year increases according to this standard, December 2015 compared with December 2014, are: Portland (+11.4%); San Francisco (+10.3%); and Denver (+10.2%).

None of the 20 cities in the

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