Housing market | AEIdeas

Saturday, May 25, 2013

Housing recovery: Average and median sales prices for new homes reach all-time record highs in April

Mark J. Perry | May 23, 2013, 2:55 pm

Highlights from today’s report from the Census Bureau on new home sales in April: 1. Both the average sales price ($330,800) and the median sales price ($271,600) established new all-time record highs in April (see chart above). Compared to a … read more >

Carpe Diem

FHFA House Price Index increased in March by 7.3% vs. last year, highest annual gain in US home prices in nearly 7 years

Mark J. Perry | May 23, 2013, 10:27 am

The Federal Housing Finance Agency (FHFA) reported today on its House Price Index (HPI) for March, based on the purchase prices of houses involving conforming, conventional mortgages purchased or securitized by Fannie Mae or Freddie Mac. The FHFA index of … read more >

Carpe Diem

April home sales highest for the month in six years, median sales price highest in nearly five years

Mark J. Perry | May 22, 2013, 11:13 am

Some highlights of today’s report on April existing-home sales from the National Association of Realtors (NAR): 1. For the month of April, existing-home sales (at 4.97 million on a seasonally adjusted annual rate) were at the highest level for any … read more >

Carpe Diem

Homebuilder ETFs are at their highest levels since 2007

Mark J. Perry | May 8, 2013, 10:38 am

In another sign of an improving US housing market, two major homebuilder ETFs (exchange-traded funds) closed yesterday at their highest levels since 2007 as the housing sector continues to help lead the overall US stock market to record highs in 2013. The … read more >

Carpe Diem

Today’s housing data

Mark J. Perry | February 26, 2013, 11:23 am

Some highlights of today’s report on new home sales in January from the Census Bureau: 1. The number of new homes sold in January (437,000 at a seasonally adjusted annual rate) was the best month for new home sales since … read more >

Carpe Diem

January home sales were highest for the month in six years; more homes are selling faster at higher prices

Mark J. Perry | February 21, 2013, 3:14 pm

From today’s housing report from the National Association of Realtors: Existing-home sales edged up in January, while a seller’s market is developing and home prices continue to rise steadily above year-ago levels, according to the National Association of Realtors. Total … read more >

Carpe Diem

Sunday real estate links

Mark J. Perry | February 17, 2013, 6:10 pm

1. Minneapolis Star Tribune article “Housing recovery spills into manufacturing” — “Up north in Warroad, where Marvin manufactures custom windows and doors for homes, the company has quietly hired about 140 workers in the past year. Production is creeping up, … read more >

Carpe Diem

More evidence of a US housing and construction recovery

Mark J. Perry | January 24, 2013, 8:52 am

More positive reports this week on commercial real estate construction from the American Institute of Architects and firming/rising residential home prices from FHFA. 1. The American Institute of Architects reported this week that: Business conditions at architecture firms continue to … read more >

Carpe Diem

Remodeling Market Index was near a 9-year high in Q4 2012

Mark J. Perry | January 22, 2013, 3:11 pm

Another postive report on the US housing market, this one from the National Association of Home Builders, which reported yesterday that home remodeling activity in the US was near a near nine-year high in Q4 of last year: The Remodeling Market Index (RMI) reached 55 … read more >

Carpe Diem

More evidence that 2012 was the year of the housing recovery

Mark J. Perry | January 21, 2013, 6:17 pm

Some highlights from the RE/MAX December National Housing Report: 1. Without question, 2012 was the long hoped-for turnaround year for the housing market. The RE/MAX National Housing Report shows a broad recovery across the country, with both home sales and prices … read more >