Archive for NAR

singlefamily_hp_20120622

NAR data for May confirms earlier data from CoreLogic, Dataquick, and Department of Numbers.com that housing prices continued to make new 12 month highs in May and that, contrary to the mainstream… Read more

Purchase Mortgage Applications Chart - Click to enlarge

(Originally posted at the Wall Street Examiner.) Two housing market indicators released over the last two days suggest that the market is making a seasonal peak at a weaker level than last year,… Read more

The Numbers Still Say 30% Down 30% To Go

Dec 30
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property price index case shiller 1987 oct 2009 by new observations

It’s very nice that values achieved a gain of .013% in October, but we still have a 30% fall ahead of us and, as you know, we have a 30% fall behind us. Better send in your mortgage… Read more

units for sale NAR 1999 to 10 2009

Inventory of single-family homes fell 60,000 units in October. They remain oversupplied by 908,000 units when compared to the long-run average. The total of existing units for sale equals 3.57… Read more