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US New Home Sales, June 2016
The US Census Bureau and Department of Housing and Urban Development in a joint release Tuesday reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 592 thousand in June and revised May sales up to 572 thousand. This pace represents steady progress from housing bust lows below 300 thousand…
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US New Home Sales, June 2016
The US Census Bureau and Department of Housing and Urban Development in a joint release Tuesday reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 592 thousand in June and revised May sales up to 572 thousand. This pace represents steady progress from housing bust lows below 300 thousand…
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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…
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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…
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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…
