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Pending Home Sales Index Makes New High For 2012
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7. A “pending home sale” is a home under contract to sell, but not yet sold. Data for...
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Case-Shiller Index Shows Huge Home Price Gain
Home prices continue to rise nationwide. According to the Standard & Poor’s Case-Shiller Index, home prices rose 6.9% between the first and second quarter of 2012, the largest quarter-to-quarter...
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Improving Market Index Climbs To 99
The number of U.S. housing markets showing “measurable and sustained growth” has increased by 19 this month, according to the National Association of Homebuilders’ Improving Market Index. The...
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Foreclosures Remain Concentrated In Just A Few States
The national market for foreclosed homes remains strong. According to foreclosure data firm RealtyTrac, foreclosure activity increased 1 percent in August as compared to the month prior, climbing to...
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Homebuilder Confidence Rises Again; Tops 40
Home builder confidence continues to make new highs. As reported by the National Association of Home Builders, the Housing Market Index, a measure of builder confidence, rose to a reading of 40 in...
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Housing Starts Move To 2-Year High
The new construction housing market continues to make gains. Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted,...
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Existing Home Sales Leap To 2-Year High
The home resale market put forth another strong data set last week. Home sales prices are higher nationwide and sales volume has moved to a 2-year high. According to the National Association of...
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Home Price Index Shows Values Rising 3.7% From One Year Ago
Tuesday, the Federal Home Finance Agency’s Home Price Index (HPI) showed home values rising 0.2% on a seasonally-adjusted basis between June and July 2012, and moving +3.7% on an annual basis. Home...
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New Home Supply Remains Firmly In “Seller’s Market” Territory
The market for new construction homes remains strong nationwide. According to the U.S. Census Bureau, the number of new homes sold slipped 0.3 percent in August 2012 to a seasonally-adjusted,...
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Pending Home Sales Index Continues To Show Strength
Nationwide, homes continue to sell briskly. According to the National Association of REALTORS®, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered...
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