Tag: housing: Page 7

U.S. home prices jump 7.4 percent in November

U.S. home prices in November were up 7.4 percent from November 2011, the largest year-over-year increase in 6 1/2 years, the Associated Press reported. In terms of monthly gains, housing prices were up 0.3 percent from October to November, according to CoreLogic which told the AP that the gains have been “widespread” in the U.S. […]

January 17, 2013

Builder confidence in housing market stalls in January

After eight consecutive months of increase, rising to a six-year high in December, builder confidence for new single-family homes stalled at a level of 47 this month, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Despite the improving conditions the housing market and an expected bright future for home sales […]

January 17, 2013

New-home sales increase 4.4 percent in November

New single-family home sales increased 4.4 percent in November to a seasonally adjusted annual rate of 377,000 units, according to figures from HUD and the United States Census Bureau. It was the highest monthly total since April 2010. National Association of Home Builders (NAHB) Chief Economist David Crowe said NAHB is projecting about 365,000 new-home […]

December 28, 2012

Merrill Lynch: “We are on the verge of construction hiring”

Bill McBride has pulled in some optimistic comments from Michelle Meyer at Merrill Lynch. Meyer says 2012 will “go down in history as a year of transition for the housing market” with housing starts on track to be up 25 percent and home prices on track to increase 5 percent by year’s end. Meyer forecasts […]

December 13, 2012

Number of improving housing markets increases by 76 in December

The number of improving housing markets increased by 76 to a total of 201 metros in December, according to data released by the National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI). The index also shows that the number of states represented on the list by at least one metro increased from 38 […]

December 10, 2012

Shutterstock 84773947

Is housing really back?

Here’s a tip that can save you a lot of time. Whenever you see a report on TV or in your daily newspaper heralding the resurgence of the housing market…ignore it. Various pundits have wrongly predicted housing’s return for four years now, and as of this writing, the media has run a month-long string of […]

November 30, 2012

Reporter-Housing

U.S. home starts rise to highest rate in 4 years

The housing recovery gained more momentum in October as construction began on the most homes and apartments since July 2008. According to numbers released by the U.S. Commerce Department, privately-owned housing starts in October were at a seasonally-adjusted annual rate of 894,000. That’s an increase of 3.6 percent above the revised September estimate of 863,000 […]

November 20, 2012

House Construction

Home Depot third quarter exceeds expectations thanks to housing recovery

The Home Depot has seen its stock price increase 52 percent so far this year and it’s finally comfortable with saying those gains are thanks to what the Wall Street Journal calls a “housing revival.”

November 14, 2012

Construction Equipment

Home builder confidence sees largest monthly increase in 10 years

Builder confidence rose six points to a rating of 35 on the NAHB's Housing Market Index for July, bringing the index to its highest overall point since March 2007.

July 18, 2012

Construction Equipment

Work Truck Show opens registration

Online registration and housing are open for The Work Truck Show 2011, scheduled March 8 through 10, at the Indiana Convention Center in Indianapolis, Indiana. Educational sessions begin on March 7. North America’s largest work truck event features 500,000 square feet of Class 1-8 vocational trucks and equipment and more than 40 intensive educational sessions. The Green […]

November 2, 2010

Has housing hit bottom yet?

If Cramer says it has, you know it hasn’t. The trouble with Jim Cramer and most of the media reporting on housing and the economy is that they’ve got to churn up a spectacular new story every day. So feints, small tremors and statistically insignificant dribblings become the next big news story. The long view, […]

January 15, 2010

Slim pickings in today’s housing plan

The president unveiled the details of his housing recovery plan today. But according to early analysis, it may only help one in ten homeowners who are underwater with their mortgages. Reviews thus far have been lukewarm. And as economics blogger Barry Rithouse notes, prices are still too high. Lots of good charts at the link.

January 6, 2010

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