U.S. Home-Price Growth Accelerated in September

Home-price growth accelerated in September, as a widespread shortage of homes for sale spurred competition among home buyers.

The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 7% in the year that ended in September, up from a 5.8% annual rate the prior month. September marked the highest annual growth rate since May 2014.

Sales of previously owned homes, which make up the bulk of the housing market, rose 9.4% in September from a month earlier to the highest level since 2006, according to the National Association of Realtors. Record-low mortgage rates have increased demand, while the supply of homes for sale has remained low, especially at affordable price points.

“The delayed spring homebuying season fueled sales well into October and past the time when they would normally begin to slow down,” said George Ratiu, senior economist for

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Dallas home prices see best growth in three years in latest national report

Dallas-area home prices grew at the fastest rate in more than three years in the latest nationwide comparison.

a stop sign in front of a house: Dallas-area home prices rose by almost 5% year-over-year.

© G.J. McCARTHY/Staff Photographer/The Dallas Morning News/TNS
Dallas-area home prices rose by almost 5% year-over-year.

Dallas prices were up 4.9% from a year ago in the latest Standard & Poor’s CoreLogic Case-Shiller Home Price Index.


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Nationwide prices were 7% higher than in September 2019 – the largest such increase since 2014.

Home prices in North Texas and across the country have seen significant gains as demand for houses has risen, even with the pandemic.

“Our three monthly readings since June of this year have all shown accelerating growth in home prices, and September’s results are quite strong,” Standard & Poor’s Craig J. Lazzara said in the report. “The last time that the national composite matched September’s 7% growth rate was more than six years ago, in May 2014.

“This month’s

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Home Video Game Consoles Market On A Steady Growth Trail; Market.us Provides Projections In Light of COVID-19 Pandemic

The MarketWatch News Department was not involved in the creation of this content.

Nov 24, 2020 (WiredRelease via Comtex) —
Market.us recently updated imminent competitive report facilitates a deep dive into the Home Video Game Consoles Market 2021 including assessment of business-centric facet viz. commercialization rate, concentration market ratio and popular marketing strategies. And also contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The report offers an extensive analysis of the changing market dynamics, prescriptive trends along with the factors and parameters impacting it in both the short and long term, major segments, market player positioning, industry roadmap, pricing analysis, and competitive scenario.

The insightful research report on the Home Video Game Consoles Market includes Porter’s Five Forces Analysis and SWOT Analysis to understand the factors impacting consumer and supplier behaviour. It’s used a suitable set of assumptions and methodologies for future projections till 2030.

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Smart Home Cloud Platforms Market Worth Observing Growth: Google, Apple, Amazon Web Services

The MarketWatch News Department was not involved in the creation of this content.

Nov 23, 2020 (Heraldkeepers) —
A new research document is added in HTF MI database of 200 pages, titled as ‘Global Smart Home Cloud Platforms Market Size study, by Solution ( Smart Home Cloud Platform, Services), by Application ( Lighting Control, Security And Access Control, HVAC Control, Entertainment Control And Other Controls, Smart Speaker, Home Healthcare, Smart Kitchen, Home Appliances and Others) and Regional Forecasts 2020-2027’ with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industry players; some of the profiled players are Google, LLC, Apple Inc, Amazon Web Services, Inc., Loxone Electronics GmbH, Yonomi, Qualcomm Technologies, Cosesy, JDCloud, Aliyun, Tencent. The Market has witnessed continuous growth in

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Buyers Eye Boutique Office For Sale In City-fringe Growth Zone

A boutique office in a
high-profile mixed-use building in one of Auckland’s most
sought after city fringe locations has been placed on the
market for sale.

The office unit at 258B Parnell Road
occupies a prominent corner site in the heart of Parnell’s
commercial town centre, a location targeted by Auckland
Council for future growth. The ground-floor unit is part of
a character six-storey building at the corner of Parnell
Road and Scarborough Lane.

The Parnell Road office
premises are now being marketed for sale with vacant
possession, by way of a tender closing on 1 December (if not
sold prior), through Bayleys Auckland Central.

Commercial Brokers Phil Haydock and James Were said the
property consists of a commercial unit with an approximate
floor area of 86 square metres with Stratum in Freehold
title. The property includes two on-site car

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Average Home Prices in the U.K. Hit a 4.7% Annual Growth Rate in September

The average U.K. home sold for £244,513 (US$324,756) in September, an impressive increase of 4.7% over last year, according to official data published Wednesday. 

Home prices picked up the pace compared to August, which logged a more subdued 3% year-over-year growth, according to the government’s monthly House Price Index. The spike in home prices comes after months of heightened activity amid the coronavirus pandemic, which shifted the home-buying season to the summer and fall months and has spurred increased interest in larger, detached properties.

Indeed, detached single-family houses saw the biggest increase in September, with average prices rising 6.2% compared to a year ago. Semi-detached homes and townhouses, otherwise known as terraced houses, recorded annual price growth of around 5%.

Price growth was far more sluggish for flats, where sales prices appreciated only 2% year-over-year, according to the report.

Two factors have helped lift home prices in the U.K. For

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What Delayed The Shift From Growth To Value Stocks For So Long?

Spurred in part by the massive surge in index fund investing and bolstered by the role tech companies have played in the remote-work world, growth stocks have reigned for an unusually long period of time.

Until the reality of Covid hit like a ton of bricks in February, investors couldn’t go wrong where ever they decided to place their money. Sure, the market rotated between pockets of big winners and small winners, but, for the most part, everyone was a winner.

“The concept of a market rotation has never really gone away, but the markets have been on a one-way winning streak for the past 10 years,” says Peter Davies, CEO of Jigsaw Trading in Bangkok. “It didn’t really matter too much what you invested in; chances are it would rise with everything else.”

Sure, these subtle swings between sector to sector, industry to industry and even global region

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UPDATE 1-China’s new home price growth cools for 2nd straight month

* Oct new home prices up 0.2% m/m vs 0.4% uptick in Sept

* Oct new home prices up 4.3% y/y vs 4.6% growth in Sept

* 45 out of 70 cities reported higher prices, vs 55 in Sept (Adds details)

BEIJING, Nov 16 (Reuters) – Chinese new home prices grew at a slower monthly pace in October, data showed on Monday, as market restrictions imposed in some big cities cooled the property sector despite a broader economic recovery.

Average new home prices in 70 major cities rose 0.2% in October from a month earlier, the slowest monthly growth rate since March and down from September’s 0.4% growth, according to Reuters calculations based on data released by the National Bureau of Statistics (NBS).

Compared with the same month a year earlier, home prices rose 4.3% in October, easing slightly from September’s 4.6% growth.

China’s massive property market recovered quickly from

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Pa. winery owner celebrates 25 years and the growth of its brand regionally, all amid the loss of its ‘intrigue factor’

Pinnacle Ridge Winery near Kutztown, Berks County, opened in 1995 just as Pennsylvania’s industry was gaining traction, with at that time around 50 wineries operating.

Today, there are more than 300 across the state.

It’s marked by an iconic bank barn built in 1851, which houses the tasting room and winery, located only a few hundred feet off the entrance to I-78 west of Allentown. Part of its high profile has been gained through a number of awards that it has won consistently since 2003 thanks to the work of winemaker and owner Brad Knapp. You can see the long list at this link.

He is choosing to mark the winery’s 25th anniversary with a 25 percent sale on all wines and retail items, beginning Monday and continuing through the end of the year. It’s a sale that cannot be combined with other discounts. Purchases can me made in person,

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How startup Tomo Networks went from seed-stage to growth in one round

  • Greg Schwartz left Zillow after 13 years to start his own real estate tech company, Tomo Networks.
  • At first financing, the months-old startup raised a growth-size seed round of $40 million from Ribbit Capital, NFX, and several others.
  • The first-fime founder says he banned the pitch-deck and instead used a 20-page document filled with Easter eggs that helped him make sure potential investors read the whole thing.
  • Visit Business Insider’s homepage for more stories.

Tech investors are lobbing money at Tomo Networks, a six-month-old tech startup that aims to take the paperwork drudgery out of buying a home. It’s helmed by a 13-year Zillow executive, Greg Schwartz, who’s never raised venture capital before.

Schwartz, cofounder and CEO of Tomo Networks, went on a four-month fundraising marathon to raise an initial seed round for his company.

Seed rounds are typically under $5 million, according to Crunchbase, but Schwartz and his cofounder

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