May 2012 NRA Housing News Doesn’t Keep Market Rally Afloat After Papademos Talks “Grexit”: U.S. equities still jittery and susceptible to Euro headline risk. Housing news didn’t help the market maintain an early rally today as news from Greece trumped economic data. The National Association of Realtors said today, median home prices rose 10 percent…
Existing Home Sales Fall In February 2012 0.9 Percent: The housing market is still not back to full steam ahead. Sales of existing homes that were previously owned fell 0.9 percent in February according to a report released today by the National Association of Realtors today. The new seasonally-adjusted annual rate of home sales is…
National Association of Realtors: Pending Home Sales Rise In February 2011. Pending Home Sales in February Rise – with some cancellations. Home sales are finally rising? Pending home sales are starting to show some strength. According to the National Association of Realtors pending home sales index, pending home sales rose in every region except the…
Unemployment benefits rise by 26,000. Housing Market Stronger – Mortgage Rates Rise The Labor Department reported today that jobless benefits claims rose last week by 26,000. The number of people applying for initial jobless benefits is now seasonally adjusted at 436,000. Last week, the four- week moving average which is watched closely by economists and…
