The previous couple years’ doom and gloom outlook is looking like it is turning more upbeat and robust for the rest of 2013.
Category Archives: Housing Analysis
Metro Area Home Values Continue To Shine
19 of 20 metro areas showed higher home prices in Q 4 2012 with the New York metro area showing a decrease in home prices; this could be due in part to the impact of Hurricane Sandy.
Existing Home Sales Rise As Home Inventory Shrinks
Home sales rose for the 11th consecutive month according to the National Association of REALTORS® Existing Home Sales Report for January.
Builder Confidence In New Home Sales Stay Near All Time High
February’s Housing Market Index reading remains near the HMI’s highest level since April 2006, when the HMI reading reached 51.
Case-Shiller Index Shows Near 6% Home Price Gain
Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010.
Pending Home Sales Post 20th Consecutive Month Of Annual Gains
The annual rate at which contracts for a home purchase were drawn increased 6.9 percent from one year ago.
Existing Homes For Sale At Lowest Point In 11 Years
Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years.
Pending Home Sales Index Cruises To Multi-Year High
In November, for the second straight month, the Pending Home Sales Index eclipsed its benchmark reading of 100, posting a value of 106.4.
Case-Shiller Index Posts 4% Annual Home Price Gain
The Case-Shiller Index showed home prices gaining 4.3 percent during the 12-month period ending October 2012.