Residential Building Sector Continues to Soften in November 2013

Written by Steven Hansen Residential building permits in November 2013 continues to show the industry growth – but the rate of growth continues to moderate. This report contains September, October and November construction data which was delayed due to the government shutdown.

Residential Building Sector Permit Growth Above Expectations in October 2013

Written by Steven Hansen Residential building permits s in October 2013 continues to show the industry growth – but the rate of growth continues to moderate. This is an abbreviated report as Census data was incomplete.

October 2013 Existing Home Sales Decline But Remain in 2013 Growth Trend Lines

Written by Steven Hansen The headlines for existing home sales say that sales growth declined in October month-over-month. Our analysis says sales were down compared to last month, with the three month rolling average declining but still within the growth rates seen in 2013.

Age of Wisdom, Age of Foolishness

Housing Smoke and Mirrors (30)/Terminal Velocity (30) Written by Adam Whitehead, KeySignals.com We have reached the point where the Housing Smoke and Mirrors and Terminal Velocity series, which have been running in parallel, have now converged into one story which will be followed under the appropriately named title “Age of Wisdom, Age of Foolishness”.

Housing Smoke and Mirrors (29) – “First-Hand Evidence”

Written by Adam Whitehead, KeySignals.com “There is nothing like first-hand evidence.” First-hand evidence is leading to the observation that the American housing market began losing steam in August.  Further analysis leads to the conclusion that the Fed has created a problem for which it has no solution.