House Prices Decline, but Equity Buffers Remain Robust, According to First American Real House Price Index

First American Corporation (New) (FAF)
Last first american corporation (new) earnings: 4/23 06:45 am
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Source: Business Wire
—Even as affordability-constrained buyer demand spurs price declines in some markets, potential sellers are unlikely to lose all the equity they have gained, says Chief Economist Mark Fleming— SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the September 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at national, state and metropolitan area levels. Because the RHPI adjusts for house-buying power, it also serves as a measure of housing affordability.Chief Economist Analysis: Real House Prices Increased 10.5 Percent Month Over Month“In September 2022, the RHPI jumped up by 60.6 percent on an annual
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News
- First American Acquires 1031 SolutionsBusiness Wire
- House Prices Declining Fastest in Overvalued Markets, According to First American Real House Price IndexBusiness Wire
- Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C. [BNN Bloomberg (Canada)]BNN Bloomberg
- Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C. [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- First American Financial Corporation Declares Quarterly Cash Dividend of 52 Cents Per ShareBusiness Wire
FAF
Earnings
- 10/27/22 - Miss
FAF
Sec Filings
- 1/24/23 - Form SC
- 12/22/22 - Form 4
- 12/22/22 - Form 4
- FAF's page on the SEC website