September 2012 Rally Fades Further After Good Housing Market News – Again
Stocks slid further again today as investors maintained caution regarding Europe even though housing data in the U.S. was a positive-mixed bag. New home sales kept close to two-year highs for the month of August but fell 0.3 percent to 373,000 when seasonally ad [...]
Posts in category Housing
September 2012 Rally Fades Further Af...
September 2012 Rally Fades Further After Good Housing Market News – Again
Stocks slid further again today as investors maintained caution regarding Europe even though housing data in the U.S. was a positive-mixed bag. New home sales kept close to two-year highs for the month of August but fell 0.3 percent to 373,000 when seasonally ad [...]
Dow Retreats From 60+ On Housing News...
Dow Retreats From 60+ On Housing News To End Down 100 Points On Massive Spain Austerity Protests:
Housing news didn’t encourage investors today as the Dow switched direction in midday trading. The S&P Case/Shilling report today showed housing prices in July increased in 10 of the nation’s largest metropolitan areas by 1.5%. [...]
August Existing Home Sales At Highest...
August Existing Home Sales At Highest Level Since May 2010 But Shilling Says 20 Percent Drop In Home Prices Possible:
Housing market analysts got some conflicting information today. On a positive note, existing single family home sales rose to the highest level in over two years. Sales increased by 7.8% in August to a seasonally-adjusted an [...]
Case Shiller 2012 June Shows Home Pri...
Case Shiller 2012 June Shows Home Prices Bottomed But With High Unemployment, Will It Stick?
The S&P/Case-Shiller index shows home prices in June 2012 increased for the top 20-cities it tracks. Housing prices increased from the same month a year ago which is the first time there has been such an increase since the summer of 2010. This [...]
Existing Home Sales July 2012 Rise 2....
Existing Home Sales July 2012 Rise 2.3 Percent, FOMC Meeting Minutes August State QE3 Coming “Fairly Soon”:
Remember those minutes are old….
Existing home sales rose in July showing the housing market has positive momentum and may have bottomed. Sales increased 2.3 percent to the seasonally adjusted level of 4.47 million u [...]
Industrial Production, NAHB Sentiment...
Industrial Production, NAHB Sentiment Up; QE3 Bets Decrease As Rangebound Trading Continues, Is That A Good Thing?
Traders stuck to the sidelines after getting mixed signals about the U.S. economy and the likelihood of QE3 this week. Retail sales numbers were up yesterday along with good news from Home Depot, but some short sellers remained [...]
Shorts Enter Market As S&P 500 N...
Shorts Enter Market As S&P 500 Nears New Multi-Year Highs – Retail Sales, HD Earnings Up:
The S&P 500 neared new multi-year highs today after positive news from Home Depot and the retail sector. U.S retail sales rose more than economists predicted as consumers hit stores in droves. The Commerce Department said today, retail s [...]
Stocks Rangebound Ahead Of Fed, ECB, ...
Stocks Rangebound Ahead Of Fed, ECB, July 2012 Jobs; Case Shiller Home Prices Up 2.2 Percent May:
U.S. equities didn’t do much today and traded in a tight range ahead of the ECB meeting, the FOMC meeting and the July 2012 unemployment numbers due out this Friday. Traders are also waiting for data from ADP about payrolls but last month [...]
New Home Sales Down By 8.4 Percent Ju...
New Home Sales Down By 8.4 Percent June 2012, Is QE3 Coming Next Week?
-It should.
The housing market has been making a comeback recently but our analysis shows that in the long run, the homes will suffer from high unemployment and low income growth. The U.S. Commerce Department said today signed contracts to purchase new homes fell 8.4 per [...]
Slew Of Bad Data: June 2012 Existing ...
Slew Of Bad Data: June 2012 Existing Home Sales, LEI – July 2012 Philly Fed, Jobless Claims; Is QE3 Ready Yet?
Existing Home Sales Fall by 5.4 Percent
Existing home sales fell by 5.4 percent month over month, the National Association of Realtors said today as real estate investors focused on high-end properties that are fewer in number [...]
