Housing Smoke and Mirrors (23) – “On the Contrary”

Written by Adam Whitehead, KeySignals.com Housing Smoke and Mirrors “Equivocation” reported the transition in the housing market, from strength to consolidation, as interest rates rose in expectation of the Fed “Taper“. This transition phase became evident in the data and commentary in July. Moving into August, this has become an unequivocal consensus that the housing …

Housing Smoke and Mirrors (22) – “Equivocation”

Written by Adam Whitehead, KeySignals.com In Housing Smoke and Mirrors “I’ll Be Back” reports starting in July began to signal the point at which the rise in interest rates started to erode the strength of the housing market. Equivocal voices have now begun to opine much of the same.

January Existing Home Sales Outlook: Terrible, Based on December Pending Home Sales

Analysis by Econintersect point to a third year of terrible home sales, at least at the start, based on the pending home sales data released by the National Association of Realtors.