The U.S. housing market continues to make home price gains. Earlier this week, the S&P/Case-Shiller Index showed home prices gaining 4.3 percent during the 12-month period ending October 2012, marking the largest one-year gain in home prices since May 2010. The Case-Shiller Index measures changes in home prices by tracking same-home sales throughout 20 housing […]
Single-family housing starts took a small step back in November. According to the monthly Housing Starts report from the U.S. Department of Commerce, single-family housing starts tallied 565,000 in November 2012 on a seasonally-adjusted, annualized basis. This marks a 4 percent decline from October, but is more than 100,000 higher than the count from 12 […]
<!– This material is non-exclusively licensed to Gary May and may not be copied, reproduced, or sold in any form whatsoever.–><p><img style=”float: right;margin-left: 10px;margin-right: 10px” title=”Housing Market Index December 2012″ src=”http://bringtheblog.com/i/nahb-hmi-201212.png” alt=”Housing Market Index December 2012″ width=”216″ height=”302″ />The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain […]
Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. In its Q3 2012 report, RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, accounting for 19% of all residential home sales. In addition, pre-foreclosure sales — also known as “short sales” — climbed 22% […]
The Improving Market Index added 76 metropolitan areas in December as compared to the month prior.
According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.
According to the Commerce Department, New Home Sales slipped 1,000 units last month, falling to 368,000 units on a seasonally-adjusted, annualized basis.
According to the S&P/Case-Shiller Index, which was released earlier this week, U.S. home prices rose in September for the sixth straight month, climbing 0.3% as compared to the month prior.
According to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development, Housing Starts rose 3.6% in October 2012, climbing to a seasonally-adjusted, annualized rate of 894,000 units.
After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%.