FHFA Press Release- Washington, DC – U.S. house prices rose 0.8 percent on a seasonally adjusted basis from March to April, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 1.8 percent increase in March was revised downward to reflect a 1.6 percent increase. For the 12 months ending in April, U.S.…
Tag Archive for House Prices
Charts, Economics, Housing, Housing, Liquidity Trader, Must Read, Professional Edition
Make No Mistake, Housing Is In An Uptrend
by Newswires • • 0 Comments
Builders are only adding about 450,000 single family units per year. Total starts including multifamily over the past 12 months were 653,000. Meanwhile, the US appears to be on pace to add between 1 million and 1.5 million full time jobs this year. (Subscriber login below) The math is clear and shrinking inventories prove it.…
Housing, Lee's Free Thinking, Must Read
CoreLogic Confirms Housing Market Price Gains With New Pending Sales Price Index for May
by Lee Adler • • 0 Comments
CoreLogic’s newly released data has confirmed that a price upswing is under way in the US housing market. Press Release June 05, 2012, Santa Ana, Calif. – ––New Pending HPI Forecasts Further Increase in May Driven by Low Home Inventory Levels–– CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released…
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Home prices fall in 60% of big Chinese cities- Full Story
by Newswires • • 0 Comments
(via AFP) Prices for new homes in China fell in more than 60 percent of major cities in April from March, the government said Friday, as moves to curb the property market took effect. Out of 70 major cities tracked by the government, 43 registered month-on-month falls in house prices last month, although that…
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Why U.S. house prices won’t recover – MarketWatch
by Newswires • • 0 Comments
The fact that this writer is still relying on the Case Chiller shows that he’s a bit clueless, but I found it interesting that prices were back to 1955, 1986 and 1895 levels in real terms. That seems like an argument to be bullish on house prices, not bearish. By Jack Hough When will U.S.…
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AdlerConobot Takes On Conomists’ Consensual Sexpectations
by Lee Adler • • 0 Comments
Job one for the US Treasury and its Primary Dealer enforcers is to keep yields low during weeks when the Treasury has a big load of notes and bonds to sell. Next week is one of those weeks, so the casino owners and managers will do what they can to gin up reasons for the…
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House Prices Up in California
by Lee Adler • • 0 Comments
The latest evidence that a bottom of sorts is in for the housing market comes from California. Here’s the PR from the California Association of Realtors. Considering the source, you can take it with a grain of salt, but it’s entirely consistent with the national housing trends I’ve been tracking. LOS ANGELES (April 16) – California…
Charles Hugh Smith
How Housing Affordability Can Falter Even as House Prices Decline
by Charles Hugh Smith • • 0 Comments
The assumption that lower home prices improves the affordability of houses ignores two critical inputs: interest rates and income.
That the U.S. housing market is still in a post-bubble slump is no secret, as revealed by this chart courtesy of stre…
Charts, Economics, Email Bulletins Archive, Housing, Lee's Free Thinking, Must Read
CoreLogic Data Shows House Price Declines Slowing
by Lee Adler • • 0 Comments
CoreLogic’s data for January closed house sales (mostly November contracts) shows a year over year decline of 3.1% nationally. the month to month decline was 1%. However, the 12 month rate of decline has been slowing sharply. According to CoreLogic, 6 of the 10 largest metropolitan markets in the US showed year over year declines…
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…
