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Daily market update: July 26, 2016

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We’ll add more market news briefs throughout the day. Check back to read the latest.

Mortgage rates:

Home equity rates:

Most recent market news:

First American’s Real House Price Index (RHPI) for May 2016:

  • Real house prices are 19 percent lower than they were in 2000.
  • The RHPI was unchanged in May 2016 from April 2016.
  • The RHPI increased 0.4 percent from May 2015 to May 2016.

Real House Price Index

Black Knight Financial Services’ May 2016 Home Price Index:

  • The home price index in May was $263,000, up 31.7 percent from market bottom and 1.8 percent below the June 2006 peak.
  • Mountain states accounted for eight of 10 top-performing metro areas.
  • All states and metros experienced positive price movement in May, and six large states and 15 large metros hit new price peaks.

Screen Shot 2016-07-25 at 8.33.23 AM

Email market reports to press@inman.com.

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