Spring is almost here, and the National Association of Home Builders Housing Market Index (NAHB HMI) thawed slightly in March. The current reading of 47 is one point higher than for February, but still indicates pessimism among a majority of builders surveyed....
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Pending home sales fell in September by -5.60 percent, and were 1.20 percent lower year-over-year. This is the first time in more than two years that pending home sales have fallen below year-earlier readings. September's reading was below August's reading of -1.60...
Federal government agencies issued reports that were delayed by the government shutdown; and Freddie Mac reported that average mortgage rates fell for all types of loans it reports. The National Association of REALTORS issued its Existing Home Sales report on Monday....
Existing home sales for September fell by 1.90 percent from August's revised reading of 5.39 million sales to 5.29 million sales. Economists had expected 5.30 million sales for September, so a slow-down in existing home sales had been anticipated. The National...
The housing market continues to expand. According to the S&P/Case-Shiller Index, which was released earlier this week, U.S. home prices rose in September for the sixth straight month, climbing 0.3% as compared to the month prior. On an annual basis, values are...
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