New home sales show little improvement from all time record lows. However home buidlers are optimistically starting construction for 50% more homes than are currently selling.
Tag Archives: housing
Case-Shiller Home Prices Show Modest Loss in August
Case-Shiller and Clear Capital data are showing home prices starting into a new decline. This reinforces similar news from the NAR yesterday.
NAR Existing Home Prices Begin Anticipated Decline
Housing markets remain weak on a national scale and the outlook is degrading for the coming months.
No Real Improvement in New Home Construction (except Apartments)
New home construction remains at very low levels, except for apartments.
Another View of Housing Price Trends
There are a number of logical scenarios for the housing market. Many of them indicate downside risk for prices.