Housing Market Begins Its Spring Uptick

March 5th, 2011
in econ_news

Econintersect:  Home prices, not seasonally adjusted - have began their annual spring surge according to Altos Research.    They state that week-over-week data is beginning to show signs of improvement, indicating a good start to what is, typically, the strongest sales period of the calendar year.

Follow up:

Altos Research explains that the headline pricing metric 90-day rolling average still shows monthly declines.  Case-Shiller home price uses a 3 month average in its reporting but their data lags several months, while Altos Research data covers the same 20 city area and is current up to March.

Econintersect continuously analyzes housing data in its economic analysis blog (see thread here).


Black line represents 7-day (weekly observations), while the orange line represents the 90-day rolling average

And as an aside, active supply is up ever so slightly on a year-over-year basis:

source: Altos Research

 









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved