For the third consecutive month, each of the 20 cities tracked by Standard & Poor’s Case-Shiller home price index is showing higher housing prices over last year.
"The 20-city composite [Case-Shiller] index rose 10.9 percent over the last year," reports Catherine Rampell. "That is the biggest annual increase since April 2006. Several cities – Charlotte, N.C.; Los Angeles; Portland, Ore.; Seattle; and Tampa, Fla. – had their largest month-over-month gains in more than seven years."
"Economists generally expect home prices to continue rising, particularly as the economy improves and more young people move out of their parents’ basements and form their own households," Rampell adds. "And many dismiss concerns of a potential bubble, because housing prices remain well below their highs. Even after 10 straight months of year-over-year gain, the 20-city composite price index is still 28 percent below its previous peak in July 2006."
FULL STORY: House Prices Show Largest Gain in Years
Austin Lot Size Changes Could Make Homes More Affordable
Land acquisition makes up 15 to 20 percent of the cost of an average home in the Austin area.
Maui Condo Sales Drop as County Weighs Short-Term Rental Regulations
A proposed county bill would phase out some 7,000 short-term rental units.
High Housing Costs Top of Mind for Voters
More and more Americans fear they won’t be able to afford housing.
Seattle Legalizes Co-Living
A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.
Central Florida’s SunRail Plans Major Expansion
The expanded train line will connect more destinations to the international airport and other important destinations.
NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
Santa Monica Lowers Speed Limits
Posted speed limits will be reduced by 5 miles per hour on dozens of the city’s streets.
For Some, Co-Housing Offers Social and Economic Benefits
Residents of co-living developments say the built-in community helps ease the growing isolation felt by many Americans.
New Map Puts Bay Area Traffic Data in One Place
The Traffic Monitoring site uses community-collected speed and volume data to reveal traffic patterns on local roads.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
Los Alamos County
City of Culver City
American Planning Association, Sustainable Communities Division
HUDs Office of Policy Development and Research
HUDs Office of Policy Development and Research
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport
Rockdale County Board of Commissioners