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. The real problem is that most are expecting an acceleration in home sales, and what …

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 evidenced over the last 12 months, and definitely not as strong as last month. There …

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% month-over-month, Up 11.9% year-over-year Prices up 0.0% month-over-month, Up 10.1% year-over-year Sales growth was slightly …

December 2012 Existing Home Sales Show Average Growth for 2012

Written by Steven Hansen The headlines for existing home sales say that sales were marginally weaker in December, but our analysis shows sales a lot weaker – but this is a comparison to relatively strong October and November sales. Econintersect Analysis: Sales down 8.0% month-over-month, Up 6.9% year-over-year Prices up 2.1% month-over-month, Up 10.4% year-over-year …

November 2012 Existing Home Sales Remain Strong

Written by Steven Hansen The headlines for existing home sales say that sales were stronger in November, but our analysis shows sales a little weaker – but have been relatively strong for the last 2 months. Econintersect Analysis: Sales down 1.4% month-over-month, Up 15.5% year-over-year Prices unchanged month-over-month, Up 9.1% year-over-year