RealEstateEconomyWatch.com Insight and Intelligence on Residential Real Estate

Existing Home Sales (12-22-10 Release) Nov Oct Sep Aug Jul Jun May Apr Total EHS 4.68 4.43 4.53 4.12 3.84 5.26 5.66 5.79 Months’ Supply 9.5 10.5 10.6 12.0 12.5 8.9 8.3 8.4 Source: National Association of Realtors; 2010; annualized, seasonally adjusted. Highlights Existing home sales rose 5.6 percent to 4.68 annualized units in November from a month earlier. November … Read More »

Housing Market Index (12-15-10 Release Date) Dec Nov Oct Sep Aug Jul Jun May 16 16 15 13 13 14 16 22 Source: National Association of Homebuilders Highlights The housing market index was unchanged in December at 16 from a month earlier. The housing market index was unchanged from a year ago. Analysis Homebuilder confidence has been flat since January … Read More »

New Residential Construction (12-16-10 Release) Nov Oct Sep Aug Jul Jun May Starts 0.555 0.534 0.601 0.614 0.550 0.539 0.588 Single 0.416 0.404 0.402 0.403 0.406 0.421 0.436 Multi 0.114 0.148 0.145 0.168 0.153 0.162 0.138 Permits 0.530 0.552 0.547 0.571 0.559 0.583 0.574 Source: Census Bureau; 2010; annualized, seasonally adjusted. Highlights Housing starts rose 3.9% in November to 555,000 … Read More »

Housing Forecasts: National Association of Realtors; National Association of Homebuilders; Mortgage Bankers Association; Fannie Mae; and Freddie Mac Read More »

Pending Home Sales (12-30-10) Nov Oct Sep Aug Jul Jun PHS Index 92.2 89.1 80.9 82.4 78.9 75.5 Source: National Association of Realtors; Index, 2001=100. Highlights The pending home sales index rose 3.5% in November to 92.2 from an index of 89.1 in October. November’s index is 5% below the index from a year ago. Analysis The 3.5% increase in … Read More »

Read More »

Mortgage Applications Indices (1-5-11 Release Date) 31Dec 24Dec 17Dec 10Dec 26Nov Refi Index 2,115.4 2,036.9 2,196.1 2,910.9 2,974.4 Purchase 199.8 201.4 195.3 200.3 210.9 Index Source: Mortgage Bankers Association Highlights The refi index rose by 3.9% to 2,115.4 for the week ending December 31.Ø The purchase index fell by just 0.8% to 199.8 for the week ending December 31. The … Read More »

S&P Case-Shiller Home Price Index- October 2010 Data (10 & 20 City Indices) % chg yr/yr %chg mo/mo Boston -0.2 -1.2 Chicago -6.5 -2.0 Denver -1.8 -0.6 Las Vegas -3.6 -0.2 Los Angeles 3.3 -0.7 Miami -3.4 -1.1 New York -1.7 -1.6 San Diego 3.0 -1.5 San Francisco 2.2 -1.9 Washington, DC 3.7 -0.2 Source: Standard & Poor’s/Fiserv Highlights The … Read More »

New Home Sales (12-23-10 Release Date) Nov Oct Sep Aug Jul Jun May Apr Total NHS 0.29 0.28 0.31 0.27 0.28 0.31 0.28 0.41 Months’ Supply 8.2 8.8 7.9 9.1 8.9 8.2 9.2 6.3 Source: Census Bureau; 2010, annualized, seasonally adjusted. Highlights New home sales rose 5.5 percent to 290,000 annualized units in November from a month earlier. November’s new … Read More »

(September 24, 2009 Release) Highlights • Existing home sales fell 2.7 percent to an annualized pace of 5.10 million in August. The annualized home sales in August is now 3.5 percent above its pace from a year ago. • August’s sales pace is equal to 3 month average of 5.10 million units. • The Midwest, South, and Northeast experienced decreases … Read More »