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US Real Estate, Home Sales, Prices
“US housing starts in May rebound in year-over-year terms, rising 9.5 per cent. That’s a refreshing change from April’s mild decline. Nonetheless, Friday’s update reflects a relatively subdued rate in residential housing construction vs. recent history,” said James Picerno on Seeking Alpha Friday. US Real Estate James Picerno, Seeking Alpha The mixed profile of this…
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US Price-to-Rent Ratio: March 2016
On a price-to-rent basis, the Case-Shiller National index is back to August 2003 levels, the Composite 20 index is back to June 2003 levels, and the CoreLogic index is back to October 2003. US Price-to-Rent Ratio The year- over-year increase in the Case-Shiller National House Price Index is mostly moving sideways, now around 5 per…
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US New House Prices, Inventory: March 2016
Fast on the heels of US Census Bureau and the Department of Housing and Urban Development data last week, the Case-Shiller National Home Price In– dex for March was released Tuesday. Meanwhile, the Standard & Poor’s (S&P)/ Case-Shiller 20-city home price index increased 5.4 per cent in March compared with a year earlier, according to…
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US Home Sales, Home Prices, Building Lot Shortage
The US Census Bureau and the Department of Housing and Urban Development released data Tuesday showing the pace of new home sales came in at 619,000 on an annualized basis, increasing 16.6 per cent on a monthly basis and 23.8 per cent year-over-year. US Home Sales: April 2016 New home inventory ticked down to 243,000…
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US Home Sales, Home Prices, Building Lot Shortage
The US Census Bureau and the Department of Housing and Urban Development released data Tuesday showing the pace of new home sales came in at 619,000 on an annualized basis, increasing 16.6 per cent on a monthly basis and 23.8 per cent year-over-year. US Home Sales: April 2016 New home inventory ticked down to 243,000…
