Pending Home Sales Rise For 3rd Straight Month
Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.
16 of 20 Case-Shiller Cities Show Improvement In May
May's Case-Shiller Index showed a 1 percent increase from April 2011. Home values rose in 16 of the Case-Shiller Index's 20 tracked markets. Only Detroit, Las Vegas and Tampa fell. Phoenix was flat.
New Home Supplies Keep Shrinking; Prices Pressured Higher
According to Census Bureau data, the number of new homes slid 1 percent from May. On a seasonally-adjusted, annualized basis, home buyers bought 312,000 newly-built homes last month.
Home Prices Rise For The 2nd Straight Month
A strong spring season helped home values recover, says the government. According to the Federal Home Finance Agency's Home Price Index, home prices rose a seasonally-adjusted 0.4 percent from April to May.
Existing Home Sales Fall To 8-Month Low
Home resales slipped for the 3rd straight month, according to data from the National Association of REALTORS®. Sales volume is at an eight-month low.
Housing Starts Surge 9 Percent; Signal A Strong Fall Season
Builders are busy once again. According to the Census Bureau, Single-Family Housing Starts rose to 453,000 on a seasonally-adjusted, annualized basis in June -- a 9 percent spike from the month prior and the highest reading in 3 seasons.
Led By Expectations Of A Strong Fall Season, Homebuilder Confidence Bounces Back
Homebuilder confidence is bouncing back. One month after an unceremonious dip highlighted by poor sales figures and dim prospects for the future, the National Association of Homebuilder's Housing Market Index rebounded two points to 15 in July.
For The 9th Straight Month, Foreclosure Filings Fall
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June.
Pending Home Sales Unexpectedly Spike In May
According to data from the National Association of REALTORS, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May.
Home Values Climb 0.8 Percent In April
Maybe homes are holding value better than we thought.
New Home Supplies Drop, And So Does Homebuilder Confidence
Last month, the number of new homes sold on an annualized, seasonally-adjusted basis tallied 319,000. The May reading is the second-highest of the year, and 6 percent above the current 12-month average.
Existing Homes Sales Slip In May
Home resales slipped 4 percent in May, falling below the 5,000,000-unit mark on a seasonally-adjusted, annualized basis for the first time since February.