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    Industry News (Sources: NAHB & CNN)

    NAHB Eye on Housing

    Consumer Confidence in September – Another Optimistic Month
    Wednesday September 28th, 2016 05:01:55 PM Jing Fu
    The Consumer Confidence Index, reported by the Conference Board, rose in September. Compared with last month, consumers were more optimistic about both the current situation and the near term outlook. The Consumer Confidence Index rose to 104.1, from 101.8 in August. The present situation index rose to 128.5, from 125.3, and the expectations index increased to 87.8, from 86.1. Consumers’... Read More ›

    National Home Prices Reaccelerated, Local Home Prices Varied in July
    Tuesday September 27th, 2016 04:26:35 PM Jing Fu
    S&P Dow Jones Indices released the Case-Shiller (CS) National Home Price Index for July. The index rose at a seasonally adjusted annual growth rate of 5.0%, faster than the 2.1% in June. House prices have decelerated since the beginning of 2016 due to the sharp decline in existing home sales at the end of 2015. But, home prices started to... Read More ›

    New Home Sales: Solid August Follows Hot July
    Monday September 26th, 2016 03:10:14 PM Robert Dietz
    Sales of newly-built, single-family homes fell 7.6% on a monthly basis in August to a 609,000 seasonally adjusted annual rate according to estimates from the Census Bureau and HUD. However, the monthly change masks the fact that the August pace of new home sales was the second strongest since the end of the Great Recession. New home sales for August... Read More ›

    Asking Prices of Apartments and Condominiums in the First Quarter of 2016
    Friday September 23rd, 2016 01:48:27 PM Carmel Ford
    The US Census Bureau, along with the US Department of Commerce (DOC) and the US Department of Housing and Urban Development (HUD), fund and publish the Survey of Market Absorption (SOMA). The SOMA contains data on recently completed apartments and condominiums, including the asking rent and sale prices of these units. The median asking price of privately financed, unfurnished, nonsubsidized... Read More ›

    Existing Home Sales Fell in August
    Friday September 23rd, 2016 01:43:31 PM Jing Fu
    Existing home sales, reported by the National Association of Realtors, soften further in August. Total existing home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, declined to a seasonally adjusted annual rate of 5.33 million units from a downwardly revised 5.38 million units in July. Existing single family sales fell to a seasonally adjusted annual... Read More ›

    CNN - Real Estate News

    6 global cities that could be in housing bubble
    Tuesday September 27th, 2016 09:54:44 PM
    Low interest rates have pushed some housing markets around the world into bubble-risk territory, according to a new report out of UBS.

    6 global cities that could be in housing bubble
    Tuesday September 27th, 2016 09:53:51 PM
    Low interest rates have pushed some housing markets around the world into bubble-risk territory, according to a new report out of UBS.

    What will your monthly mortgage payment be?
    Monday February 2nd, 2015 03:53:13 PM
    In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.

    Here's some good news for house hunters
    Thursday September 22nd, 2016 08:06:07 PM
    Incomes rose faster than home values last year, according to a new Zillow report, which is good news for home buyers.

    Homes in these ZIP codes are selling like crazy
    Thursday September 22nd, 2016 02:48:08 PM
    Strong job growth, growing interest from Millennials and affordable home prices are attracting home buyers to these cities.

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