Each Monday, we'll let you know what's coming in the week ahead, including important residential and commercial report releases, as well as our feature articles.
CoreLogic Home Price Index — Sept. 6
CoreLogic will release its July Home Price Index on Tuesday, Sept. 6. Last month, CoreLogic announced home prices rose 1.1% between May and June and 5.3% between June 2015 and June 2016. June's price increase was, once again, higher than CoreLogic's prediction of only a 0.8% bump.
CoreLogic Chief Economist Frank Nothaft said consistently low mortgage rates encouraged buyers and drove home purchases in June.
In last month's report, CoreLogic predicted home price growth would slow between June and July and rise only 0.6%. Will Tuesday's report once again reveal a strong gain in home prices, or will the trend start to down to align with CoreLogic's forecast?
Debate over wood construction feature article — Sept. 6
Last month, the Atlanta suburb of Sandy Springs, GA, amended its building code to ban wood framing in buildings more than three stories high and bigger than 100,000 square feet due to concerns over safety and longevity. However, Georgia Forestry Association and American Wood Council officials said this new building code will harm the wood industry. In our feature article on Tuesday, Sept. 6, we'll talk with experts to explore both sides of the debate over tall wood construction.
Residential design trends feature article — Sept. 8
Design trends come and go, and 2016 has seen its fair share, from walkable communities to aquamarine outdoor furniture. In our feature article on Thursday, Sept. 8, we'll ask professional designers which trends will continue into the next year, and which are most likely to be left behind.
