Wall Street Examiner Home Sales Charts updated June 18 showing traffic improving with a widening gap over sales, suggesting increased sales to come. – Lee Adler Unedited NAHB Press Release June 18, 2012 – Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous…
Tag Archive for Current Sales
Email Bulletins Archive, Housing, Lee's Free Thinking, Liquidity Trader, Must Read, Professional Edition
If The Guilty (Mortgage Mafia) Are Never Punished, Housing Will Never Recover
by Lee Adler • • 2 Comments
The following is the executive summary of the Wall Street Examiner Professional Edition Housing Update. The complete report with illustrative charts and analysis is available to subscribers here. Housing data continues to be mixed. Lagging closed sales data shows prices still declining. However, the most current sales data represents January closings, which were mostly sales…
Charts, Economics, Housing, Professional Edition
Homebuilder Perceptions Better but Conditions Really Worse
by Lee Adler • • 0 Comments
“U.S. Homebuilder Confidence Rises in March to Highest Level in 10 Months,” screamed the Bloomberg headline this morning. It left out the fact that the readings were barely above 20 year lows. This is one of the most important indicators of the housing market because it represents the perceptions of direct market participants and because…
Bears Chat, Best of the Forums
Oct. new-home sales down 8.1% to 283,000
by a Wall Street Examiner • • 0 Comments
Median Sales price for new homes @lowest level since 2003
New single-family homes were down 8.1% in October to seasonally adjusted annual rate of 283,000. Economists polled by MarketWatch had expected an annual rate of 310,000. The government estima…
Bears Chat, Best of the Forums, Economics, Housing
A Stake Through The Heart
by Lee Adler •
Well, I guess I nailed that one… Heh heh. Sort of, anyway. Here’s what I wrote in last night’s Professional Edition Housing Update-
QuoteTomorrow’s Commerce Department new home sales data should be very weak. According to Econoday and Briefing.com…
Bears Chat, Best of the Forums
NAHB Posts Craptacular Numbers
by Lee Adler •
Rock bottom mortgage rates aren’t helping the housing market. The NAHBs builder survey numbers were horrible. Current sales were rated at 13 on a scale of 100. Anything below 50 means that the builders say that business sucks. But get this. The “Traffi…
