Analysis Topic: Housing Market Price trends
The analysis published under this topic are as follows.
Tuesday, July 26, 2011
U.S. Housing Market in Gold, 70% to 80% Price Crash / Housing-Market / US Housing
By: Adrian_Ash
Inflationary or deflationary depression, it's like the long boom of affordable mortgages never happened...
SO IS the U.S. housing market nearing its low? Priced against gold it just might be.
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Monday, July 25, 2011
UK Capped Rate Mortgage Deals Analysis / Housing-Market / Mortgages
By: MoneyFacts
In the last two years the number of capped mortgage deals has increased from just one to 39.
Lenders such as Coventry Building Society, first direct, The Mortgage Works and Woolwich from Barclays are currently offering capped mortgages.
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Wednesday, July 20, 2011
Sales of Existing U.S. Homes Fall, Partly Due to Cancellations / Housing-Market / US Housing
By: Asha_Bangalore
Sales of existing homes declined 0.8% to an annual rate of 4.77 million units in June. The cycle low for sales of existing homes, excluding the swings related to the first-time home buyer credit program, is 4.5 million units, recorded in November 2008. Effectively, sales of existing homes have risen 6.0% from the cycle low mark (see Chart 1). Sales of single-family homes held steady at 4.24 million in June, up 5.5% from the cycle low reading of 4.02 million in November 2008.
Wednesday, July 20, 2011
U.S. Home Construction Advanced in June, But Inadequate to Declare the Housing Market Recovery is Here / Housing-Market / US Housing
By: Asha_Bangalore
Housing starts rose 14.6% to an annual rate of 629,000 in June, the first increase since March. Construction of single-family units moved up 9.4% to annual rate of 453,000 in June, the highest level since October 2010. These improvements in home building activity are a positive development but the level of total housing starts is about 72% below the peak registered in January 2006 (2.273 million units).
Tuesday, July 19, 2011
UK Housing Market Sellers Forced to Cut Asking Prices, Still 16% Over Valued / Housing-Market / UK Housing
By: Nadeem_Walayat
Rightmove, Britain's largest online estate agency is reporting that UK home sellers have cut their asking prices for the first time this year, by dropping them by 1.6% this month. The BBC further estimated that this still leaves national seller asking prices over valued by 16% at £236,597 against the average actual sale price of £203,528 on the DCLG valuations measure (implies 40%! over valuation on other house price indices such as the Halifax).
Wednesday, July 13, 2011
How to Find the Best Market for Rental Real Estate Investing / Housing-Market / Buy to Let
By: Money_Morning
Martin Hutchinson writes:
The weak U.S. housing market and high inflation, despite their negative effects on the economy have actually created a promising opportunity for rental real estate investing.
Truth be told, we're not going back to 69% homeownership rates anytime soon. With mortgages steadily harder to obtain, more would-be homeowners are renting.
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Thursday, July 07, 2011
India Real Estate Market About to Crash Or Consolidation? / Housing-Market / India
By: Jenson
It is not easy to find an analyst on the street who will be mildly bullish on the real estate market leave along someone who is irrationally bullish. In a scenario where the market seems to be short the real estate market, the laws of contrarian investing state that “when the whole market is long/short a trade, the trade may not fructify” which is what is happening to the real estate market in India. Fundamentally, the market is poised on a knife edge with multiple triggers slowing the market down. Some of the macro pointing to an imminent fall in real estate market are:
Thursday, June 30, 2011
Chinese Homebuyers Throw a Life Raft to the U.S. Housing Market / Housing-Market / US Housing
By: Money_Morning
Jason Simpkins writes:
From New York to Honolulu, Chinese homebuyers are swooping in to help salvage the U.S. housing market.
Indeed, California, Florida, New York, and even Hawaii have seen a marked up-tick in home sales to Chinese buyers who are exporting their country's real estate boom to the United States, according to Bloomberg News.
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Thursday, June 30, 2011
U.S. Housing Market Few Positives Remain Inadequate / Housing-Market / US Housing
By: Asha_Bangalore
The National Association of Realtors reported an 8.2% jump of the Pending Home Sales Index (PHSI) in May to 88.8. The PHSI when advanced by two months tracks sales of existing homes closely (see Chart 1).
Wednesday, June 29, 2011
U.S. House Price Indexes Stability? / Housing-Market / US Housing
By: Asha_Bangalore
Latest reports on home prices are somewhat encouraging. The Case-Shiller Home Price Index (HPI) of April edged down 0.1% on a seasonally adjusted basis and advanced 0.7% on a seasonally unadjusted basis from March. The seasonally adjusted drop of the Case-Shiller HPI is smallest since July 2010.
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Monday, June 27, 2011
Why U.S. House Prices Are Still Falling / Housing-Market / US Housing
By: Janet_Tavakoli
In October 2007, CNBC's Diana Olick called me about Countrywide's so-called plan to modify mortgage loans scheduled to reset to higher rates. Subprime borrowers with a strong payment history would be able to refinance and possibly get prime FHA loans. Current paying borrowers with credit issues would be offered Fannie Mae or Freddie Mac loans under a new expanded program.
Friday, June 24, 2011
Disappointing Trend of U.S. Home Sales Leaves Housing Sector at Top of Fed’s Watch List / Housing-Market / US Housing
By: Asha_Bangalore
Sales of new homes fell 2.1% in May to an annual rate of 319,000. The level of home sales is still close to the recession/record low of 278,000 registered in August 2010. Sales of new homes plunged nearly 27% in the Northeast, held steady in the Midwest, fell in the West (-3.5%) and rose in the South (+2.4%).
Thursday, June 23, 2011
Dr. Copper and the Chinese Housing Market Bubble / Housing-Market / China Economy
By: Submissions
The mighty Dr. Copper; the only metal has a suffix attached to his name, for his accuracy predating equity prices for years. In the past 30 months or so, copper had a fantastic performance, almost quadrupled its price from December 2008 lows. But recently, this is becoming more of a story about emerging market infrastructure spree than acclaimed shortages.
Wednesday, June 22, 2011
U.S. Existing Home Sales Decline, Housing Market Slump Continues / Housing-Market / US Housing
By: Asha_Bangalore
Sales of existing homes fell 3.8% to an annual rate of 4.81 million units in May, the lowest level since November 2010. As shown in Chart 1, the sales mark of existing home sales remains close to recession lows after two years of an economic recovery. On a regional basis, sales of existing homes fell in the Northeast (-2.5%), Midwest (-6.4%), and South (-5.1%) but held steady in the West.
Friday, June 10, 2011
How the Housing Market Can Save the U.S. Economy / Housing-Market / US Housing
By: Money_Morning
Shah Gilani writes:
Everyone knows that the U.S. housing market caused the current economic funk.
But here's the irony: The American housing market - a principal actor and victim of a bubble that burst, causing the worst recession since the Great Depression - may now be in a position to save the U.S. economy.
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Friday, June 10, 2011
UK Property Sellers Inflated Asking Prices Risks Chasing After House Prices Downward Spiral / Housing-Market / UK Housing
By: Nadeem_Walayat
The UK housing market depression continues as Labours election bounce has long since evaporated, many home owners relieved that the house price crash had stopped during early 2009 had put their plans to sell on the back burner as they envisaged a return to the 'norm' of rising house prices, this expectation continued even after the coalition government took office and announced unprecedented spending cuts and tax rises during mid 2010, and scheduled to start from April 2011.
Thursday, June 09, 2011
Hope for First-time Home Buyers as Mortgage Products Treble / Housing-Market / Mortgages
By: MoneyFacts
The number of mortgage products available to first-time buyers has almost trebled since June 2009. There are currently 183 deals designed for those taking their first steps onto the property ladder, compared to just 62 in June 2009.
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Monday, June 06, 2011
U.S. House Price Crash Worse than the Great Depression, How Much Lower Will they Go? / Housing-Market / US Housing
By: Washingtons_Blog
I noted in January that the housing slump is worse than during the Great Depression.
The Wall Street Journal noted Tuesday:
Read full article... Read full article...The folks at Capital Economics write in with this gloomy tidbit: “The further fall in house prices in the first quarter means that, on the Case-Shiller index, prices have now fallen by more than they did during the Great Depression.”
Friday, June 03, 2011
How to Fix the U.S. Housing Market / Housing-Market / US Housing
By: Money_Morning
Shah Gilani writes:
If this week's economic reports showed us anything, it's the fact that two years into what's supposed to be an economic recovery, the U.S. housing market remains on life support.
But here's what those reports didn't tell you: If the housing market isn't fixed soon, it's going to drag the rest of the economy down into a hellish bottom that will take years, if not decades, to crawl out of.
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Wednesday, June 01, 2011
Case Shiller Home Price Index Confirms U.S. Housing Market Concern / Housing-Market / US Housing
By: Asha_Bangalore
The seasonally adjusted Case-Shiller Home Price Index of 20 metro areas slipped 0.2% in March. This is the ninth consecutive monthly decline after the index posted gains in the second-half of 2009 and first-half of 2010. The temporary gain of the Case-Shiller Home Price Index was largely due to the first-time home buyer program which expired in April 2010.