Current Market Data
It looks like avoiding the apocalypse may have put consumers in the mood to buy. Americans continue to report confidence in the housing market despite concerns for their personal finances and the overall economy. Respondents to Fannie Mae’s December National
So far, news for 2013 is optimistic: shadow housing inventory continued to decline in the autumn months, falling by 12.3 percent year-over-year in October, according to the latest estimates from CoreLogic. In total, there were 2.3 million units in
New single-family home sales increased 4.4 percent from October to November, hitting their highest mark since April 2010, according to the latest numbers from the U.S. Census Bureau and the Department of Housing and Urban
Asking prices increased 0.7 percent from November to December and 5.1 percent year-over-year in the latest Trulia Price Monitor, which studied the asking prices of for-sale homes listed on Trulia in
Private residential construction spending increased again in November, rising 0.4 percent from October to November in what is shaping up to be an encouraging 2012 for residential construction, according to the latest data from the Census
The multifamily housing market continued its dominant performance in the American Institute of Architects’ (AIA) Architecture Billings Index, a leading economic indicator of future construction activity that is based on the billings from the nation’s architectural firms. For November, the
There was nothing but good tidings and cheer in the National Association of Realtors’ (NAR) existing-home sales report for November, which found existing-home sales to have increased 5.9 percent from October to November and 14.5 percent from November 2011.
Building permits increased 3.6 percent from October to November and 26.8 percent year-over-year in the latest joint study by the U.S. Census Bureau and the Department of Housing and Urban Development. Altogether, between single-family and multifamily authorizations, building permits
The National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder confidence for the newly-built, single family home market, rose for the eighth consecutive month in December, hitting its highest mark since April 2006. Rising two
Declining foreclosure activity and strengthening home sales contributed positively to home prices in October, with FNC’s latest Residential Price Index increasing 3.7 percent year-over-year for the month. In addition, the Residential Price Index was up 0.4 percent from September
The precipitous decline of mortgage interest rates has been one of the major stories in real estate in 2012, but recent actions by the Federal Reserve has some thinking that rates could fall even further in
In its latest American Dream Survey, real estate website Trulia found that 93 percent of millennials who rent plan to purchase a home some day, and 72 percent of the entire demographic consider homeownership to be part of their American
The Multifamily Production Index, the National Association of Home Builder’s (NAHB) measure of builder sentiment in the apartment/condominium market, was positive again in the third quarter with an index level of 52. That’s the third straight quarter that the Multifamily
Completed foreclosures declined 17 percent year-over-year in October, as the strengthening housing market and the National Mortgage Settlement continue to improve the mortgage
Asking prices continued to show improvement in the Trulia Price Monitor, a leading indictor of market activity that studies the asking prices of new property listings on the real estate
By Peter Ricci Construction spending, on the strength of the residential construction market, rose 1.4 percent from September to October and 9.6 percent from October 2011, according to the latest figures from the U.S. Census Bureau. It was another
