I see lots of articles trying to explain why the housing market is not more robust. Here is just another. The uniqueness of this is the data source’s obvious flailing…
Category: National Market News
The Pending Home Sales Index is a forward-looking housing market indicator based on contract signings. January’s data, just released on Friday, shows a fifth consecutive month of year-over-year gains with each month accelerating the…
What is the Case-Shiller housing index, anyway? “The Case-Shiller index was created in the 1980s by the economists Karl Case and Robert Shiller. It was based upon data on repeat…
This morning’s news flash on my iPhone was: “Existing-home sales slow to 9-month low in January” As always, the headline is a little more dramatic than the actual news. It’s…
January’s decline in new home building activity is attributed to rough weather in the northeast U.S. U.S. housing starts dip in January to 1.07 million annual rate – MarketWatch. Weather…