Tag Archives: Momentum

Home builder confidence soars despite rising rates

“Today’s report is particularly encouraging in that it shows improvement in builder confidence across every region as well as solid gains in current sales conditions, traffic of prospective buyers and sales expectations for the next six months,” noted NAHB Chairman … Continue reading

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Here’s What Is Really Behind Home Price Gains

This is also a repeat sales index, but it is based on a three-month running average. The National Association of Realtors reported median home prices up nearly 12 percent in March, but being a median, that number relies on the … Continue reading

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Housing Already Shows Signs of a New Bubble

Barely a year in, home prices rose over eight percent annually in December, according to a new report from CoreLogic. While still down double digits from their 2006 peak, prices are suddenly soaring again and raising some serious red flags. … Continue reading

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Soaring Housing Stocks in Perspective

Nearly half of the components in the PHLX Housing Sector Index, which includes the public home builders as well as home remodelers and housing components, are up more than 50 percent since the overall stock market peaked. The index is … Continue reading

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New Nightmare for Home Builders: Not Enough Skilled Workers

Housing starts are finally coming off their lows of barely a half a million in 2009, and are now surging quickly up in to a rate of around 800,000 annualized, according to the U.S. Department of Commerce. While this is … Continue reading

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