Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Thursday, November 27, 2008
Nationwide UK House Price Forecasts Track Record / Housing-Market / UK Housing
By: Nadeem_Walayat
The latest housing market commentary from the Nationwide
Chief Economist Fionnuala Earley states - "In spite of the moderation in house price falls recorded in November, with the economy in recession, conditions do not appear very favourable for a swift recovery in the housing market. The labour market is weakening, which will inevitably hinder market demand, particularly when property remains expensive relative to earnings. With prices falling at their current rate there is also little incentive for new borrowers to hurry into the market. However, there are a number of measures which should provide some support to the market in general and help existing and potential homeowners in these difficult times."Read full article... Read full article...
Thursday, November 27, 2008
UK House Price Falls Moderate in November to -0.4% / Housing-Market / UK Housing
By: Nationwide
• Prices fall by 0.4% in November• Annual rate of fall moderates to 13.9%
• Deep interest rate cuts will provide support for borrowers
• Fiscal measures may help housing market indirectly, but policies to support funding markets may be more likely to speed recovery
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Thursday, November 27, 2008
Home Owner Credit and Mortage $800 Billion Stimulus Package / Housing-Market / Credit Crisis Bailouts
By: Money_Morning
Mike Caggeso writes: U.S. Federal Reserve and Treasury Department announced yesterday (Tuesday) $800 billion worth of stimulus measures to rev up three primary engines of the U.S. economy – homebuyers, consumers and small businesses. Read full article... Read full article...
Sunday, November 23, 2008
Housing Market Heads South and S&P 500 Crashes Through Bear Market Low! / Housing-Market / Financial Crash
By: Money_and_Markets
Mike Larson writes: Last Thursday was a historic day for the market. The Standard & Poor's 500 Index plunged by 6.7% to 752.44. The bear market low of October 2002 was 768.63 — and we sliced through it like a hot knife through butter.
Stated another way, every last penny of profit an investor earned — even if he bought at the absolute low six years ago has been wiped off the map. And if you bought the S&P just over a year ago? You've lost more than HALF your money.
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Sunday, November 23, 2008
U.S. Housing Market Forecast 2009, More Pain No Gain / Housing-Market / US Housing
By: Money_Morning
Don Miller writes: The U.S. housing market is already being pounded by the “perfect storm.” And the outlook for the New Year is for the stormy weather to continue – and probably to get worse.
As if a locked-up credit market and tidal waves of foreclosures weren't already enough, we're now watching unemployment climb and consumer confidence plunge.
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Thursday, November 20, 2008
Kirstie and Phil's Location, Location, Location Returns as UK House Prices Crash / Housing-Market / UK Housing
By: Nadeem_Walayat
Kirstie and Phil self professed property experts make a return to the UK's TV screens with a more muted version of their long standing delusionally bullish UK property candy floss show titled location, location, location that helped feed the get on the property ladder frenzy of the last few years.Read full article... Read full article...
Friday, November 14, 2008
New Precedent for America : Financial Irresponsibility Pays / Housing-Market / US Housing
By: Mike_Stathis
As a desperate attempt to stop the bleeding, banks are stepping up with further efforts to protect delinquent homeowners. To date, this represents the most radical effort to stop the avalanche of foreclosures. It's thought these ridiculous bailouts will help restore the housing market which will provide more stability to the economy. The problem is that these plans are still insufficient to make any impact. And there is nothing to absorb the massive inventory of housing.Read full article... Read full article...
Friday, November 07, 2008
Capital Economics UK Housing Market Forecasts / Housing-Market / US Housing
By: Nadeem_Walayat
What is the value of typically the same housing bear market / crash forecast that is rolled out every few months? This article takes a look back at Capital Economics that has been grabbing the headlines of late of having forecast the UK housing market crash of 2008. However if you dig a little deeper the actual accuracy of Capital Economics housing market forecasts evaporates into thin air.
Friday, November 07, 2008
UK Housing Market 15% Crash Forecast Fulfilled / Housing-Market / UK Housing
By: Nadeem_Walayat
The latest house price data by the Halifax shows that UK house prices have fallen by more than 16% from the peak of August 2007 and October 2008. The crash in both US and UK housing markets over the last 12 months was increasingly followed in September by the bankrupt banks collapsing one by one like a chain of dominos with governments rushing to their rescue during September and early october to the tune of unheard of amounts of tax payers money that now runs to collectively over $3 trillion. This first triggered near panic interest rate cuts in October of 0.5% which was yesterday followed by true panic cut of 1.5% which takes UK interests rates down to 50 year lows.Read full article... Read full article...
Tuesday, November 04, 2008
The Great American Housing Market Nightmare Next Phase / Housing-Market / US Housing
By: Money_and_Markets
Martin Weiss writes: One of the greatest blunders of our time is made by those who blindly assume home prices are so low they couldn't possibly go any lower.
In reality, home prices don't stop going down at some particular level that appears to be “cheap.” Nor do they stop falling because they match some historical price that was previously a low.
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Thursday, October 30, 2008
UK House Prices Crash by 14.6% / Housing-Market / UK Housing
By: Nationwide
- Prices fall by 1.4% in October
- Reluctance of sellers to reduce asking prices could be hindering market activity
- Recognition that the UK is heading into recession opens door to sharp cuts in rates
Wednesday, October 29, 2008
U.S. Housing Bust Continues on October Case Shiller Data / Housing-Market / US Housing
By: Mike_Shedlock
Inquiring minds are considering the S&P/Case-Shiller Home Price Release for October 2008.
New York, October 28, 2008 – Data through August 2008, released today by Standard & Poor's for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, a trend that prevailed throughout the first half of 2008 and has continued into the second half.
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Thursday, October 09, 2008
When will the U.S. Housing Market Bottom? / Housing-Market / US Housing
By: Hans_Wagner
Now that the US has signed the rescue bill, investors are analyzing ways they can use the bill to help them beat the market. The collapse of housing prices in the United States led directly to the problems with the mortgage securities that are freezing credit markets. Some investors might think that the bottom in the current recession is near and the markets will recover soon. Others are not so sure. In this case, it pays to look at the past to see if you can learn from prior experiences and the trends in the housing market. Read full article... Read full article...
Tuesday, October 07, 2008
Fixing the U.S. Housing Market and House Prices / Housing-Market / US Housing
By: Andrew_Butter
At this rate they won't bottom 'till 2010 and there is 15% to go. I think I need to get my hearing checked, but I thought I heard "Hank" say that his bailout plan won't start to work until house prices recover. Read full article... Read full article...
Monday, October 06, 2008
Credit Crisis Worse to Come as U.S. Mortgage Resets Continue / Housing-Market / Credit Crisis 2008
By: David_Haas
We are often told through the mainstream media that “the worst is behind us now” with respect to the credit crisis and that much of the blame for the crisis in the first place can be attributed to defaults on sub-prime mortgages, a meltdown in housing-related credit instruments, and plummeting housing values in many local markets across the USA. Read full article... Read full article...
Sunday, October 05, 2008
France To Buy 30,000 Homes, How Many Will the U.S. Own? / Housing-Market / US Housing
By: Mike_Shedlock
Morningstar is reporting, France To Buy 30,000 Planned Homes To Boost Building Business .
President Nicolas Sarkozy, grappling with the global financial crisis, has decided to directly support the French construction industry by buying 30,000 homes waiting to be built, the presidential palace said Wednesday.
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Thursday, October 02, 2008
Real Estate / Credit Bubble Deflation Foresight / Housing-Market / Deflation
By: Steve_Moyer
"And what a bunch of numbskulls - Greenspan, Paulson and Bernanke! Every word they've said so far has been financial poison. "Greenspan relaxed about house prices..." reported the Financial Times in 2005. "Most negatives in housing are probably behind us..." said the same sage in October 2006. "We believe the effect of the troubles in the subprime sector...will be likely limited..." said Bernanke in March 2007. It's "not a serious problem...I think it's going to be largely contained," added Paulson in April 2007. Read full article... Read full article...
Thursday, October 02, 2008
UK House Price Crash Worse than 1990's Nationwide / Housing-Market / UK Housing
By: Nationwide
• The price of a typical house fell by 1.7% in September• Market weakness not surprising given ongoing turmoil and many risks remain
• House prices will continue to fall in short term, but longer term prospects are more sound Read full article... Read full article...
Thursday, September 25, 2008
Bush's Housing Market Rescue Plan Full of Dry Rot / Housing-Market / US Housing
By: Adrian_Ash
"The reality of the situation is that an open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention..." – Hank Paulson, speaking at the China-US Strategic Dialogue in Shanghai, 3/7/2007
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Saturday, September 13, 2008
Value of Housing Markets in USA and UK Past, Present, and Future / Housing-Market / US Housing
By: Andrew_Butter
The nationalization of Fannie and Freddie signaled that the valuations of assets used to secure loans to which these companies were exposed, were suspect.
"Legally" Fannie and Freddie were solvent. But no one believed the valuations, first the market didn't, and finally, neither did the regulators. This was an extraordinary admission of failure of the system of valuation, past and present.
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