Tag Archives: new-home sales

New-Home Sales, Case Shiller Index On the Rise

Posted on May 26, 2015 by Popular Economics Weekly

The Mortgage Corner–II As if to confirm U.S. housing starts and building permits’ jump to their highest levels in nearly 7-1/2 years, the sales rate of new single-family houses in April 2015 rose even higher at a seasonally adjusted annual … Continue reading →

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2015 Housing Construction Will Surge

Posted on May 13, 2015 by Popular Economics Weekly

The Mortgage Corner We believe housing construction is about to bloom this spring, due to growing employment. For starters, an additional 45,000 construction jobs were added to nonfarm payrolls in April. This is even though construction spending to date has … Continue reading →

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March New-Home Sales A Dud

Posted on April 25, 2015 by Popular Economics Weekly

“Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11.4 percent … Continue reading →

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New Home Sales Surging

Posted on March 28, 2015 by Popular Economics Weekly

The Mortgage Corner New U.S. homes sold at an annual rate of 539,000 in February to mark the best month of sales in seven years, the government reported Tuesday. The pace of sales for January was also revised up sharply … Continue reading →

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January Existing Home Sales, Mortgage Applications Dip

Posted on February 26, 2015 by Popular Economics Weekly

The Mortgage Corner Oh, the winter freeze! It seems to put the housing market into a deep freeze, as well. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 4.9 percent to a seasonally adjusted … Continue reading →

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What Will 2015 Bring?

Posted on December 31, 2014 by Popular Economics Weekly

Popular Economics Weekly We already have an idea of what will happen in 2015. Firstly, job creation should continue to exceed 300,000 payroll jobs per month. Nobelist Paul Krugman is especially optimistic about economic growth, given that we have escaped … Continue reading →

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Why Lower Home Sales?

Posted on December 29, 2014 by Popular Economics Weekly

The Mortgage Corner November existing home sales in November tumbled 6.1 percent, the biggest drop since July 2010, down to a seasonally adjusted annual rate of 4.93 million. New-home sales also fell slightly—probably for the same reason. Why? There were … Continue reading →

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Consumer Confidence Soaring, Case-Shiller Home Prices Unchanged

Posted on October 29, 2014 by Popular Economics Weekly

Popular Economics Weekly Why are stock prices rallying?  Maybe it’s because though housing price increases have slowed, consumer confidence is soaring for the holidays.  The prospect for future job and income growth looks good, in other words Home prices contracted … Continue reading →

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Pending and New-Home Sales Looking Up

Posted on October 28, 2014 by Popular Economics Weekly

The Mortgage Corner Sales of new single-family houses are barely budging from their recession lows. But pending home sales for September nudged up to the highest this year, which is a sign that record low interest rates are bringing buyers … Continue reading →

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More Jobs Available, Goldman Upgrades RE Forecast

Posted on October 8, 2014 by Popular Economics Weekly

Popular Economics Weekly Goldman Sachs economist David Mericle in his research report, “Housing: The Recovery Resumes” says that overall, the message from the broad housing data flow is that the housing market is still at the beginning of a new … Continue reading →

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