Tuesday, September 1, 2009

US pending home sales exceed expectations in July, increasing for the sixth consecutive month

Author: Cadman
Category: News

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Pending home sales jumped 3.2% m/m in July to the highest level since June 2007, exceeding expectations. Home sales have increased for six consecutive months, the first time this has occurred in the history of the series which dates back to 2001. The sharp upturn in home sales has been driven by the combination of greater affordability, a brighter economic outlook, and the first-time homebuyer tax credit. On a regional level, pending home sales jumped 12.1% and 3.0% in the West and the South, respectively. However, sales fell 2.0% and 3.0% in the Midwest and in the Northeast, respectively. Home sales are up y/y in all four Census divisions, with the most notable improvement of 12.1% in the West. On balance, this was a decidedly positive report, showing that the housing recovery is very much under way.

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Thursday, August 27, 2009

Baja Real Estate is in in a Hot Market

Author: Administrator
Category: News

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Housing - New home sales jump again

Author: Cadman
Category: News

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Wednesday, August 26, 2009

US new home sales jumped higher in July, showing another positive indicator for the housing market

Author: Cadman
Category: News

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Tuesday, August 25, 2009

S&P/Case-Shiller US home prices rose q/q in Q2 for the first time since Q1 06

Author: Cadman
Category: News

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Real estate - Demand for architectural services still contracting

Author: Administrator
Category: News

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Saturday, August 22, 2009

Homebuilding: a growth story?

Author: boored
Category: News

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Saturday, August 8, 2009

The risks from the commercial real estate bust

Author: Cadman
Category: Commercial Real Estate

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