Tag Archives: existing home sales

Return of the Housing Bubble?

by Dean Baker, Center for Economic Policy Research This article was originally published by Finance.Yahoo.com on May 29, 2013 Recent data showing house prices rising at their fastest rate since the collapse of the bubble have many people asking whether … Continue reading

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Housing Smoke and Mirrors (8) – “It Looks Ominous”

Written by Adam Whitehead, KeySignals.com In Housing Smoke and Mirrors (7), the headwind confronting the American housing market, from the slowing pace of rental increases, was observed to be at a critical point. Early investors in the rental sector were … Continue reading

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April 2013 Pending Home Sales Index Shows Growth Acceleration Underway

Written by Steven Hansen The April 2013 pending home sales index was released by the National Association of Realtors (NAR) today, and our analysis suggests: Econintersect‘s uses this April 2013 pending home sales data to forecast the May 2013 home … Continue reading

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April 2013 Existing Home Sales Show Above Average Growth

Written by Steven Hansen The headlines for existing home sales say that sales improved in April . Our analysis shows sales (based on comparing year-over-year growth) is a little above average for the growth evidenced over the last 12 months. … Continue reading

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Housing Smoke and Mirrors (7) – “Get Out of Jail”

Written by Adam Whitehead, KeySignals.com In Housing Smoke and Mirrors (4)[i] and (5),[ii] to confront the threat of the deteriorating bad mortgage vintages – “the Federal Reserve and the Federal Government were observed to be running swiftly into the housing … Continue reading

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Schizophrenic U.S. Housing Market

Housing Smoke and Mirrors (Part 6) “It was the best of times, it was the worst of times.” Written by Adam Whitehead, KeySignals.com Click to enlarge We thought it would be amusing to start this discussion with the latest “Smoke … Continue reading

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Housing Smoke and Mirrors (5) – “Zombie Fed”

Written by Adam Whitehead, KeySignals.com In Housing Smoke and Mirrors (4), it was suggested that the bad eggs in the 2005 and 2009 Mortgage Vintages were hatching; and creating a growing systemic threat. Click to enlarge The Federal Reserve and … Continue reading

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Housing Smoke and Mirrors (4) – “The Zombie in the Room”

Written by Adam Whitehead, KeySignals.com In Housing Smoke and Mirrors (3)[i] it was suggested that there were some anomalies, in the general pattern of improving mortgage delinquencies, that deserved closer scrutiny.

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Fed Mortgage Subsidy Drives Buying Panic In Existing Homes To Bubble Levels

by Lee Adler, Wall Street Examiner The NAR Pending Home Sales data for March is a measure of current sales as of the date of the contract. It’s the closest thing we have to a real time measure of sales … Continue reading

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March 2013 Pending Home Sales Index Up Marginally But Leveling Off

Written by Steven Hansen The March 2013 pending home sales index was released by the National Association of Realtors (NAR) today, and our analysis suggests: Econintersect‘s uses this March 2013 pending home sales data to forecast the April 2013 home … Continue reading

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It’s A Housing “Recovery” In Orwellian Terms – Here’s The Reality

by Lee Adler, Wall Street Examiner The Commerce Department  today reported really good March home sales  relative the the past 4 years of the housing depression. Media reports included only the seasonally adjusted annualized sales rate, which was 417,000 versus a consensus … Continue reading

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March 2013 Existing Home Sales Show Average Growth

Written by Steven Hansen The headlines for existing home sales say that sales slipped in March caused by a shortage of homes for sale. Our analysis shows sales are about average for the growth evidenced over the last 12 months. … Continue reading

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Single-Family and Multi-Family Housing Starts

Single Family Housing Starts Dead But Not Dead Enough – Multifamily Hot, But Not Too Hot by Lee Adler, Wall Street Examiner Housing starts rose in March. Most of the increase was in the multifamily sector. Single family starts remained … Continue reading

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Underlying Trends Say The Economy Is Growing Faster

Written by Steven Hansen Last week, my weekend “think piece” showed that the unadjusted data was not (yet) confirming an economic expansion.  This week I shift to Econintersect‘s economic forecast which was published today: The index is now forecasting a … Continue reading

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February 2013 Pending Home Sales Index Declines

Written by Steven Hansen The February 2013 pending home sales index was released by the National Association of Realtors (NAR) today, and our analysis suggests: Econintersect‘s uses this February 2013 pending home sales data to forecast the March 2013 home … Continue reading

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February 2013 Existing Home Sales Not As Strong As the Headlines

Written by Steven Hansen The headlines for existing home sales say that sales were stronger in February caused by “improving economy and pent-up demand”.  Our analysis shows sales are stronger – but they are in the lower quartile of growth … Continue reading

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January 2013 Pending Home Sales Index Improves

Written by Steven Hansen The January 2013 pending home sales index was released by the National Association of Realtors (NAR) today, and our analysis suggests: Econintersect‘s uses this January 2013 pending home sales data to forecast the February 2013 home … Continue reading

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January 2013 Existing Home Sales Relatively Strong

Written by Steven Hansen The headlines for existing home sales say that sales were stronger in January, and our analysis shows sales are stronger – one of the strongest months in the last 12 months. Econintersect Analysis: Sales up 4.8% … Continue reading

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Pending Home Sales Didn’t Really Miss

by Lee Adler, Wall Street Examiner The news media reported yesterday that the NAR’s Pending Home Sales Index for December was a huge miss, falling far short of economists’ consensus expectations. This was based on the seasonally adjusted data, which … Continue reading

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December 2012 Pending Home Sales Index Shows Slowdown

Written by Steven Hansen The December 2012 pending home sales index released by the National Association of Realtors (NAR) was released today, and our analysis suggests: Econintersect‘s uses the December pending home sales data to forecast the January 2013 home … Continue reading

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