Tag Archives: existing-home sales

Home Sales Reach 10-year High

Posted on February 22, 2017 by Popular Economics Weekly

Financial FAQs Existing-home sales ran at a seasonally adjusted annual pace of 5.69 million, the National Association of Realtors said Wednesday. That was 3.3 percent above an upwardly-revised 5.51 million in December and 3.8 percent higher than a year ago. … Continue reading →

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New-Home Sales, Confidence Also At New Highs

Posted on December 27, 2016 by Popular Economics Weekly

The Mortgage Corner Just as existing-home sales are at their cyclical highs, the Commerce Department on Friday said new home sales increased 5.2 percent to a seasonally adjusted annual rate of 592,000 units last month. That was the second highest … Continue reading →

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Conforming Mortgage Limits Rise for 2017

Posted on November 25, 2016 by Popular Economics Weekly

Financial FAQs The Federal Housing Finance Authority, or FHFA, just announced it is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017—the first such increase since 2006. This … Continue reading →

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Housing Starts, Home Sales ‘Yuge’

Posted on November 22, 2016 by Popular Economics Weekly

The Mortgage Corner Housing starts surged 25.5 percent in October to a 1.323 million annualized rate. This is the best rate of the cycle since August 2007 with the monthly percentage gain the strongest since 1982, says Econoday. It and … Continue reading →

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Much More Housing Needed

Posted on August 22, 2016 by Popular Economics Weekly

The Mortgage Corner There’s an exception to the current low inflation prognostications echoed in my column by the San Francisco Fed Prez John Williams. It’s in housing, which is struggling to meet the surging demand for both new homes and … Continue reading →

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Home Sales, Consumer Confidence Still Rising

Posted on July 28, 2016 by Popular Economics Weekly

The Mortgage Corner Sales of newly built, single-family homes rose 3.5 percent in June from an upwardly revised May reading to a seasonally adjusted annual rate of 592,000 units, according to newly released data by the U.S. Department of Housing … Continue reading →

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Higher Housing Sales, Leading Indicators Mean More Growth

Posted on July 21, 2016 by Popular Economics Weekly

Financial FAQs Two more signs of improved economic growth came out today. Boosted by a greater share first-time buyer sales not seen in nearly four years, existing-home sales maintained their upward trajectory in June and increased for the fourth consecutive … Continue reading →

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Retail Sales Augur Better Economic Growth Ahead

Posted on July 15, 2016 by Popular Economics Weekly

Popular Economics Weekly Many signs are pointing to better growth ahead, led by consumer, or retail spending. Ex-auto ex-gas offers a gauge on underlying trends in consumer spending, as non-store retailers popped a 1.1 percent surge in the month which … Continue reading →

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Future Home Sales Also Soaring

Posted on May 28, 2016 by Popular Economics Weekly

The Mortgage Corner It looks like housing sales this year could return to pre-recession levels (though not into bubble territory), as all 3 major housing stats—existing, new, and now Pending-home sales are off to a good start in 2016. Pending … Continue reading →

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New-Home Sales Also Climbing

Posted on May 24, 2016 by Popular Economics Weekly

Financial FAQs “Sales of new single-family houses in April 2016 were at a seasonally adjusted annual rate of 619,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is … Continue reading →

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