Elsewhere, rising rents, stabilizing asset prices, and sustained. housing recovery, improving credit profiles, and double-digit revenue growth drove strong earnings growth for mortgage finance.
· (Tucson, AZ – October 29, 2012) The resale housing market has been on the mend in Tucson since early in 2012, and now the new-home market is beginning to see some improvement. New home starts in the Tucson area numbered 1,593 during the 4 quarters ending 3Q12, which is up 26% from 3Q11. Starts in.
"While May’s report on its own looks somewhat positive, a broader look at home price levels over the past year still do not indicate that the housing market is in any form of sustained recovery.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, on Tuesday reported a 4.3% annual gain in January, down from 4.6% in the previous month.
Minneapolis posted a double-digit 10.0% annual decline, the first market to be back in this territory since March 2010 when Las Vegas was down 12.0% on an annual basis. In the midst of all these falling prices and record lows, Washington DC was the only city where home prices increased on both a monthly (+1.1%) and annual (+4.3%) basis.
Consequently, home sales are rising, up 4% from a year ago. The increased demand has caused home prices to increase in 10 of the past 11 quarters, with prices measuring just above $200,000 in the fourth quarter, a 6.2% year-over-year increase.
· While expenditures only grew 0.9% more than in April, shipments soared by 4.3% on a month-to-month basis. Cass notes this growth may largely be a result of higher fuel prices, which raises rates. Even independent of fuel, however, the Cass Truckload Linehaul.
· Housing recovery slow and steady in 2015, according to economists at NAHB’s Construction Forecast Webinar.. “New home price growth is fastest in the coastal states and eight of the top 10 healthiest new sale markets are in the Carolinas and Texas,” said Khater.. The News Blog of the National Association of Home Builders. All rights.
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yet it is still too early to determine whether this current uptick in home prices is a temporary reprieve or the start of a sustained recovery,” Alex Villacorta, senior statistician at Clear Capital,
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