321,000 new homes were sold last month on a seasonally-adjusted, annualized basis. 7 of 10 new homes sold for less than $300,000.
Category Archives: Housing Analysis
Supply Of New Homes At 6.1 Months Nationwide
According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.
Pending Home Sales Index Posts Second Best Month Since April 2010
The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
Existing Home Sales Approach Bull Market Territory
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.
Behind The Housing Starts Headlines, The Story That Matters
Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit.
Pending Home Sales Index Rises Back Above 100
Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage.
Nationally, Home Prices Off 18.3 Percent From April 2007 Peak
The government confirms what the private-sector Case-Shiller Index reported yesterday. Nationwide, average home values slipped in October.