Sunday, April 19, 2015
YOLO COUNTY NEWS
99 CENTS

Measure of home prices rises most in six years

By
From page A2 | November 06, 2012 |

WASHINGTON (AP) — A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evidence of a sustainable housing recovery.

The real estate data provider also said Tuesday that prices declined 0.3 percent in September from August, the first drop after six straight increases. The monthly figures are not seasonally adjusted. CoreLogic says the monthly decline reflects the end of the summer home-buying season and not a softening in the housing recovery.

Steady price increases should give the housing market more momentum when home sales pick up in the spring. Rising prices encourage more homeowners to sell their homes and entice would-be buyers to purchase homes before prices rise further.

Other measures have also shown healthy gains in home prices over the past year. The Standard & Poor’s/Case Shiller 20-city index rose 2 percent in August compared with a year ago, a faster pace than the previous month.

The price gains in the past year reported by CoreLogic were widespread. Prices have risen in all but seven states. And they declined in only 18 out of 100 large cities that are tracked by the index.

Some of the biggest increases were in states that suffered the worst from the housing bust. Home prices in Arizona jumped 18.7 percent in the past year, the most of any state. Home prices in Idaho rose 13.1 percent, the second largest. Nevada’s home values rose 11 percent.

Home prices jumped 22.1 percent in Phoenix, the metro area with the biggest gain. Prices in Houston rose 6.6 percent, the second-highest increase.

The states with the biggest drops were Rhode Island (3.5 percent) and Illinois (2.3 percent).

CoreLogic’s price index is based on repeat sales of the same homes and tracks their price changes over time.

Several reports last month showed that the housing market is improving, though from depressed levels.

Home builders started construction on new homes and apartments at the fastest pace in more than four years in September. They also requested the most building permits in four years, a sign that many are confident that home sales gains will continue.

New home sales jumped last month to the highest annual pace in the past two and a half years. Sales of previously occupied homes dipped in September but have risen steadily in the past year.

Sales of both new and previously occupied homes are still below levels that are consistent with a healthy housing market. That’s partly because the supply of available homes for sale remains low. And many prospective home buyers are struggling to qualify for a mortgage or scrape together the bigger down payments that many banks are requiring.

————

By Christopher S. Rugaber

Comments

comments

The Associated Press

.

News

KDVS fund drive includes on-air pledging, plus parties and food

By Jeff Hudson | From Page: A1 | Gallery

 
Aggie Pride on parade at UC Davis Picnic Day

By Wayne Tilcock | From Page: A1 | Gallery

 
City wants a study of sewer rates

By Dave Ryan | From Page: A1

Hard-of-hearing student needs community’s help

By Anne Ternus-Bellamy | From Page: A1 | Gallery

 
 
Art helped sell California’s agriculture

By Special to The Enterprise | From Page: A3 | Gallery

 
Students, families can get after-hours Internet access

By Enterprise staff | From Page: A4

Lawyers seek resolution to Davis molest case

By Lauren Keene | From Page: A4

 
Sign up now for Celebrate Davis!

By Enterprise staff | From Page: A4Comments are off for this post

Your brain’s aging and a new report urges ways to stay sharp

By The Associated Press | From Page: B5

 
Garamendi hosts conference for women

By Special to The Enterprise | From Page: A5

‘Invaluable public servant’ retires after 20 years

By Tanya Perez | From Page: A5 | Gallery

 
Injury-proof yourself for effective exercise

By Special to The Enterprise | From Page: A6

Understanding risks can help women prevent leading health threats

By Special to The Enterprise | From Page: A7

 
Grad Night tickets on sale online

By Enterprise staff | From Page: A8

 
Schenker speaks about ‘Magical Mexico’

By Enterprise staff | From Page: A8

Yolo County DA honors crime victims at annual tribute

By Special to The Enterprise | From Page: A8

 
Holman offers Publishing 101 seminar

By Enterprise staff | From Page: A8

Radio-controlled airplanes will race April 25-26

By Enterprise staff | From Page: A8

 
Woodland bike rides set every Saturday

By Enterprise staff | From Page: A8

Get some advice at Connections Café

By Enterprise staff | From Page: A8

 
Eyewitness speaks about Israel’s election

By Special to The Enterprise | From Page: A8

Free gardening advice offered

By Enterprise staff | From Page: A8

 
NAMI group offers family support

By Enterprise staff | From Page: A9

Join the 10,000-vegetable challenge!

By Enterprise staff | From Page: A9Comments are off for this post

 
Yolo County Neighborhood Court seeks new volunteers

By Special to The Enterprise | From Page: A10

Birding tour will benefit Putah Creek Council

By Special to The Enterprise | From Page: A10 | Gallery

 
Watershed Wonders activities return to Putah Creek

By Special to The Enterprise | From Page: A10

UCD looks at building a better brain as we age

By Enterprise staff | From Page: A11

 
‘Vault’ highlights ‘Kathak’

By Enterprise staff | From Page: A11

Two drought-preparedness water bills pass out of Senate committees

By Special to The Enterprise | From Page: A11

 
Picnic Day favorites: dogs, bikes science

By Wayne Tilcock | From Page: A13 | Gallery

Strike up the band, and the bubbles!

By Wayne Tilcock | From Page: A14 | Gallery

 
.

Forum

Ready for the parting glass

By Creators Syndicate | From Page: B5

 
 
Yolo Crisis Nursery still needs help

By Our View | From Page: B6

Drink up, kids, but make your choice a healthy one

By Special to The Enterprise | From Page: B6

 
Leash your dogs; it’s the law

By Letters to the Editor | From Page: B6

John Cole cartoon

By Debbie Davis | From Page: B6

 
Let’s not turn our backs on the Earth

By Special to The Enterprise | From Page: B7

This Earth Day, make a pledge to cool your home

By Special to The Enterprise | From Page: B7

 
Speak out

By Debbie Davis | From Page: B7

.

Sports

Over the hump? DHS baseball team wins late

By Spencer Ault | From Page: B1 | Gallery

 
Lambdin, Marshall lead Aggies at Mt. SAC

By Enterprise staff | From Page: B1

Fast Aggie start negated by 14-0 USC lacrosse run

By Bruce Gallaudet | From Page: B1 | Gallery

 
Stagnant second-half offense sinks Devil girls

By Thomas Oide | From Page: B1 | Gallery

Republic FC gets another win at Bonney

By Evan Ream | From Page: B2

 
UCD roundup: Aggies sweep a water polo double dip

By Enterprise staff | From Page: B2 | Gallery

Busy Clancy, Hall spark Devil tracksters at Mt. SAC

By Enterprise staff | From Page: B3 | Gallery

 
Former DHS star Drexel returns to create havoc for Aggies

By Bruce Gallaudet | From Page: B4 | Gallery

Pro baseball roundup: Oakland blanks Kansas City

By The Associated Press | From Page: B14

 
Sports briefs: Blue Devils split a pair of tennis matches

By Enterprise staff | From Page: B14 | Gallery

.

Features

.

Arts

.

Business

Marrone Bio Innovations strengthens its sales team

By Special to The Enterprise | From Page: A12

 
New phase opens at Brookfield Cottages

By Special to The Enterprise | From Page: A12

Tucos closes; new Japanese, pizza, subs debut

By Wendy Weitzel | From Page: A12 | Gallery

 
WISH grant funds available to eligible homebuyers

By Enterprise staff | From Page: A12

.

Obituaries

Jody Zewe

By Special to The Enterprise | From Page: A4

 
Herman Timm

By Special to The Enterprise | From Page: A4

Ruth Rodenbeck Stumpf

By Special to The Enterprise | From Page: A4

 
Robert Leigh Cordrey

By Special to The Enterprise | From Page: A4

Alice Catherine Micheltorena

By Special to The Enterprise | From Page: A4

 
.

Comics

Comics: Sunday, April 19, 2015

By Creator | From Page: B8