Posts Tagged ‘west’Housing Perspective: December Existing Home SalesBy AUSTIN NELSON The National Association of Realtors released figures on existing home sales for December, showing an “unexpected” rise in sales volume for the month. Across the US, data showed a 6.5% increase in volume month over month. The surprise increase was bittersweet however, as median home price declined almost 3% month over month [...] Housing Perspective: October New Home SalesBy RYAN TAYLOR Hardly anyone, it appears, is interested in buying a new house. The commerce department reported this morning sales of new single family homes decreased by 5.3% in October to a seasonally adjusted annual pace of 433,000. That’s the lowest level since 1991. Sales are down a whopping 40.1% from October 2007 and [...] Housing Perspective: October Existing Home SalesBy AUSTIN NELSON Existing home sales fell again in October, reversing gains seen in September. The National Association of Realtors, or NAR, released October existing home sales data today, which show decreases in units sold as well as median sale price across the country. The annual price decline was the worst on record, continuing the [...] Housing Perspective: October Housing StartsBy AUSTIN NELSON The Commerce department released its latest figures for housing starts in the month of October, providing further evidence of an American economy in very poor shape. Starts for the month came in at a seasonally adjusted annual rate of 791,000, down 4.5% from the previous month. Furthermore, permits for future construction fell [...] |