Case-shiller Reports Slowing House Price Growth – Yahoo Finance

Zillow Announces Date of Second Quarter 2014 Earnings Conference Call – Yahoo Finance

Average home prices for May are back at their levels in the summer of 2004. Compared with their peak in the summer of 2006, home prices on both indexes remain down about 17% to 18%. Since the low of March 2012, home prices are up 26.5% to 27.3% on both the 10-city and 20-city indexes, respectively. ALSO READ: The 10 Most Oil-Rich States Compared with year-ago increases of 30% in some cities, no U.S. city posted a price hike of more than 17%, with Las Vegas gaining 16.9%, Los Angeles up 12.3%, Phoenix up 8.2%, San Diego up 12.4% and San Francisco up 15.4%.

Non-seasonally adjusted prices rose 1.1 percent in the 20 cities, compared to an expectation of a 1.5 percent rise. “Housing has been turning in mixed economic numbers in the last few months,” said David Blitzer, chairman of the index committee atS&PDowJonesIndices, said in a statement. “Prices and sales of existing homes have shown improvement whileconstructionand sales of new homes continue to lag.” Prices in the 20 cities rose 9.3 percent year over year, the slowest year-over-year gain since February 2013 and shy of expectations for a 10 percent climb.

Banker & Tradesman

The live webcast of the conference call will be available on the investor relations section of Zillow, Inc.’s website at . The call may also be accessed via phone at 877-643-7152 toll-free domestically and at 443-863-7921 internationally, with conference ID# 79067051. Following completion of the call, a recorded replay of the webcast will be available on the investor relations section of Zillow, Inc.’s website.


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