Key Takeaways from the December New Home Sales Report


New home sales rose 11.6 percent in December from November, and 8.8 percent year-over-year, to 481,000...

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Castro: Healthier Housing Begins with More Money in Renters’ Pockets


As millennials begin to think about buying homes, and the housing market continues to improve overall,...

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Construction Jobs: Working Harder, Or Hardly Working?


Fewer homes are getting built, so there’s less need for construction workers. Those homes that...

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Expect Recent Trend of Sub-5% Annual Growth in Case-Shiller to Continue into 2015


The November S&P/Case-Shiller (SPCS) data released this morning showed a slight uptick in the pace...

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Recent Posts and Data

Key Takeaways from the December New Home Sales Report
January 27, 2015

New home sales rose 11.6 percent in December from November, and 8.8 percent year-over-year, to 481,000 units (SAAR). The median sales price of new homes fell 0.3 percent month-over-month, but rose 8.3 percent year-over-year to $295,500 (SA). Zillow expected a monthly decrease of 1.8 percent to 430,000 units (SAAR), while the consensus forecast was an […]

Castro: Healthier Housing Begins with More Money in Renters’ Pockets
January 27, 2015

As millennials begin to think about buying homes, and the housing market continues to improve overall, 2015 looks to be “a year of housing opportunity,” according to U.S. Housing and Urban Development Secretary Julian Castro. But ensuring that affordable housing is available where it’s needed most, and also that qualified borrowers can access the financing […]

Construction Jobs: Working Harder, Or Hardly Working?
January 27, 2015

Fewer homes are getting built, so there’s less need for construction workers. Those homes that are getting built – largely multi-family homes – require fewer workers per job. Instead of hiring more workers, construction bosses are asking existing employees to work longer hours. In many respects, the housing market has recovered significantly from its early […]

Expect Recent Trend of Sub-5% Annual Growth in Case-Shiller to Continue into 2015
January 27, 2015

The November S&P/Case-Shiller (SPCS) data released this morning showed a slight uptick in the pace of national home value appreciation in the housing market, with annual growth in the U.S. National Index rising to 4.7 percent, from 4.6 percent in October. Despite the modestly faster pace of growth, annual appreciation in home values as measured […]

Case-Shiller 'Heading in the Right Direction'
January 27, 2015

Today, the S&P/Case-Shiller Home Price Indices showed that the non-seasonally adjusted (NSA) November 10- and 20-City Composites rose 4.2 and 4.3 percent, respectively, on a year-over-year basis. The U.S. National Index rose 4.7 percent year-over-year. Today’s data were in line with Zillow’s forecasts, released last month. On a seasonally adjusted (SA) monthly basis, the 10- […]

Key Takeaways from the December Existing Home Sales Report
January 23, 2015

Existing home sales rose 2.4 percent in December from November and 3.5 percent year-over-year to 5.04 million units (SAAR). The median sales price of existing homes rose 2.1 percent month-over-month in December and 6.1 percent year-over-year to $214,300 (SAAR). Zillow expected a monthly increase of 2.3 percent to 5.04 million units (SAAR), while the consensus […]

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