The Scotsman Guide is the go-to publication for mortgage loan officers, who closely watch housing prices increase. Reporter Luke Baynes noted that U.S. home prices registered a 3.9% annual gain in February, down slightly from January’s 4.1% year-over-year increase, according to S&P CoreLogic Case-Shiller U.S. National Home Price Index data released Tuesday. Jason Lindwall, president of home move-in service company Move Concierge, said he thinks the home sales volume will increase in due time.
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“This week’s economic reports highlight the American consumer is shifting from spending to saving,” Lindwall commented. “This is actually good news for housing, as once families fill their coffers a bit more, they will be looking to put that money to work. With home values still remaining strong despite ongoing global trade tensions, real estate will be a relatively safe harbor for more and more Americans.”

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