Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORS®
Category Archives: Housing Analysis
New Home Sales Reach 8-Month High
The 2010 housing market finished on a tear, and that momentum is carrying forward into 2011. Expect the spring season to show strongly, and for home prices to be on the rise.
The Home Price Index Shows Flat For November
Home values were reported unchanged in November 2010, on average, according to the Federal Home Finance Agency’s Home Price Index.
Home Supplies Plummet, Putting Pressure On Prices To Rise
According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.
Building Permits Surge In December; Signals A Strong Spring Housing Market
According to the Census Bureau’s report, Housing Starts of single-family homes fell to 417,000 units on a seasonally-adjusted, annual basis. The figure marks a 9 percent drop-off from November, and is the lowest reading since May 2009.
Home Builders Slowed By Economy, But Seeing More Foot Traffic
Homebuilder confidence held firm for the second straight month this month, according to the National Association of Home Builders.
Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings nationwide dropped for the second straight month in December. After falling 21 percent in November, filings were down by an additional 2 percent in December.
Why You Shouldn’t Put Too Much Faith In October’s Case-Shiller Index
The Case-Shiller Index posted awful numbers in its most recent reading. Each of the index’s 20 tracked markets showed home price deterioration between September’s and October’s respective reports. Some markets fell as much as 2.9 percent.
New Home Sales Rise In November; Hint At Strong Winter 2011
Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling.