{"id":60978,"date":"2016-06-28T18:17:52","date_gmt":"2016-06-28T16:17:52","guid":{"rendered":"http:\/\/www.arabtelegraph.com\/?p=60978"},"modified":"2016-06-28T18:17:52","modified_gmt":"2016-06-28T16:17:52","slug":"increase-in-u-s-home-prices-slows-in-april","status":"publish","type":"post","link":"https:\/\/www.arabtelegraph.com\/?p=60978","title":{"rendered":"Increase in U.S. home prices slows in April"},"content":{"rendered":"<p dir=\"ltr\"><strong>Annualized U.S. single-family home prices rose as expected in April, but were down slightly from the prior month, a survey showed on Tuesday.<\/strong><\/p>\n<p dir=\"ltr\">The S&amp;P\/Case Shiller composite index of 20 metropolitan areas rose 5.4 percent in April on a year-over-year basis, a slight dip from the 5.5 percent climb in the prior month but matched the estimate from a Reuters poll of economists.<\/p>\n<p dir=\"ltr\">&#8220;The home price increases reflect the low unemployment rate, low mortgage interest rates, and consumers\u2019 generally positive outlook,&#8221; said David M. Blitzer, managing director and chairman of the index committee at S&amp;P Dow Jones Indices.<\/p>\n<p dir=\"ltr\">&#8220;However, the outlook is not without a lot of uncertainty and some risk. Last week\u2019s vote by Great Britain to leave the European Union is the most recent political concern while the U.S. elections in the fall raise uncertainty and will distract home buyers and investors in the coming months.&#8221;<\/p>\n<p dir=\"ltr\">Prices rose 0.5 percent in April from March on a seasonally adjusted basis, the survey showed, short of expectations for a rise of 0.6 percent.<\/p>\n<p dir=\"ltr\">On a non-seasonally adjusted basis, prices increased 1.1 percent from March.<\/p>\n<p dir=\"ltr\">Home prices in three U.S. cities &#8211; Denver, Seattle and Portland, Oregon &#8211; showed the highest year-over-year gains, the survey showed.<\/p>\n<p dir=\"ltr\">\n","protected":false},"excerpt":{"rendered":"<p>Annualized U.S. single-family home prices rose as expected in April, but were down slightly from the prior month, a survey showed on Tuesday. The S&amp;P\/Case Shiller composite index of 20 metropolitan areas rose 5.4 percent in April on a year-over-year basis, a slight dip from the 5.5 percent climb in the prior month but matched &hellip;<\/p>\n","protected":false},"author":3,"featured_media":60981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-60978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-te-public"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Increase in U.S. home prices slows in April - Arab Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.arabtelegraph.com\/?p=60978\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Increase in U.S. home prices slows in April - Arab Telegraph\" \/>\n<meta property=\"og:description\" content=\"Annualized U.S. single-family home prices rose as expected in April, but were down slightly from the prior month, a survey showed on Tuesday. 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