Dataquick is now reporting a 7.4% increase in closed sale values for the 30 days ended June 7 versus a year ago. This would represent mostly contracts entered in March. The data released today shows a clear breakout in prices with the median sale price for sales data collected in the 30 days ended June 7…
Tag Archive for Contract Activity
Housing, Must Read
Housing Prices and Sales Volume Gained Sharply in May- Dataquick
by Lee Adler • • 0 Comments
Dataquick is reporting a 6.3% increase in sale prices and a 10.1% increase in sales volume for May versus May 2011. Versus 3 years ago, the median sale price is up 3.3% and volume is up 10.1%. Prices have now exceeded the 2011 peak reached in July and August and sales volume is virtually at…
Economics, Housing, Latest Business Headlines
More Little Lies and Big Spin- Gains or Blips?
by Lee Adler • • 4 Comments
The FIM (Financial Infomercial Media) has gifted us with more nonsense today in the form of Pending Homes Sales data from the NAR (Realtors) and the Purchasing Managers Manufacturing Index from the ISM (Purchasing Managers). Bloomberg was positively ecstatic about the housing data, proclaiming “The number of contracts to buy previously owned homes rose more…
