-
US House Prices
The CoreLogic HPI Forecast, released Tuesday, indicates that home prices in the US are projected to increase by 4.7 per cent on a year-over-year basis from September 2015 to September 2016, but could potentially dip slightly month over month from September 2015 to October 2015. US House Prices The CoreLogic Home Price Index Forecast indicates…
-
US REO Inventory: 3Q 2015
Freddie Mac Tuesday reported a net loss of US$475 million for 3Q 2015, compared to net income of US$4.2 billion for 2Q 2015. The company also reported a comprehensive loss of US$501 million for 3Q 2015, compared to comprehensive income of US$3.9 billion for 2Q 2015. Single-family Real Estate Owned (REO) inventory (measured in number…
-
US Housing and Real Estate Situation
By: Stephen Kim, Barclays’ US building products and home-building-equity analyst via Business Insider “At this point, it has become hard to overlook housing’s dismally slow pace of recovery. Sure, home prices are back to historic highs and housing-market activity continues to pick up, but many important aspects of the housing market are depressed. The housing…
-
US House Prices
US home prices climbed 0.6 per cent on a seasonally adjusted basis from June, the Federal Housing Finance Agency said in a report from Washington Tuesday. The gain was 5.8 per cent from a year earlier. The FHFA’s index is 1.1 per cent below its March 2007 peak and about the same as the November…
-
US Rates on New Home Loans: July 2015
On average, the contract rate on conventional mortgages used to purchase newly-built homes increased 12 basis points in July, to 3.98 per cent, according to data released Friday by the Federal Housing Finance Agency. At 3.98, this is the highest the contract rate has been since December of last year. Initial fees have some ability…
