New listing prices, which lead transactions by three to six months, are already up 8.7 percentage points over the March trough, an indication that sellers are pricing more confidently, said Scott Sambucci, vice president of market analytics for Altos Research in a Webcast for customers yesterday.
Continue reading...Tuesday, March 29, 2011
Home prices officially reached the long feared double dip in January as prices of single-family homes in 20 major cities fell for a sixth straight month, according to the authoritative S&P/Case-Shiller home price index released Tuesday by Standard & Poor's.
Continue reading...Tuesday, December 28, 2010
A 20-city composite of home prices through October as measured by the S&P/Case-Shiller Indices is teetering on the brink of falling below recent lows in 2009 to create a price new low and achieve the "double dip" in prices long feared by the real estate industry.
Continue reading...Wednesday, December 22, 2010
The recovery of housing prices will take at least four more years, according to a monthly survey of 110 leading economists and real estate experts, significantly longer than previously estimated.
Continue reading...Wednesday, October 20, 2010
Hopes are sinking and uncertainty is on the rise that a housing recovery will begin next year, according to a monthly survey of housing economists.
Continue reading...Thursday, August 26, 2010
Wednesday, August 25, 2010
Inventories of existing homes for sale as measured by months supply broke an all-time record in July.
Continue reading...
Friday, June 3, 2011
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