Altos: Critics wrong about housing, it’s going to soar

Altos: Critics wrong about housing, it’s going to soar

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Items Tagged with 'Pending Home Sales'

ARTICLES

Pending home sales drop 7.3% YOY on flat wages, short supply

Biggest drop and biggest miss of 2014 augurs ill for housing
July 28, 2014

Pending home sales dropped off in June, according to the National Association of Realtors, dropping 1.1% from May and falling 7.3% from June 2014 in the biggest decline in 2014 and the biggest miss of expectations in 2014 as well.


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Pending home sales move up 6.1%

Weakness shows in eighth straight month of annual declines
June 30, 2014
The housing industry picked up a little good news, with May pending home sales rising 6.1% from April, but it won’t be enough to compensate for weak pending home sales so far this year. This is the eighth consecutive month of year-over-year declines in pending home sales.
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Pending home sales tick up from February but 7.9% below March 2013

Biggest gains in the South, West
April 28, 2014
The National Association of Realtors pending home sales index rose 3.4% to 97.4 from an upwardly revised 94.2 in February, but is 7.9% below March 2013 when it was 105.7.
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Pending home sales down 10.5% from February 2013

Down 0.8% from January as investor sales dry up
March 27, 2014
Pending home sales fell for the eighth straight month, down 0.8% from the downwardly revised January report and down 10.5% from February 2013, according to the index from the National Association of Realtors.
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Find out why pending home sales are flat

Northeast, South gain despite cold weather
February 28, 2014
January pending home sales were a wash, with gains in the South and Northeast offsetting declines in the West and Midwest.
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Pending home sales mirror pre-crash levels

Yet, analysts say falling prices are not in the cards
January 31, 2014
Pending home sales fell steadily from May to December last year, closely mirroring the trajectory of the same indicator months before the 2007 home price crash, analysts Chris Flanagan and Justin Borst with Bank of America-Merrill Lynch claim in a new report.
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4 signs that things are much worse than you're being told

GDP, jobless claims, pending home sales - it's just not pretty out there
January 30, 2014
Everyone from the Fed to mainstream media are pushing the narrative that the economy is definitely in recovery mode. Everyone is wrong.
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The Rundown: 3 charts that show a recovery stalling

But let's blame it on the "unexpected" coldness of winter
January 30, 2014
Retail sales are down, pending home sales are down, and now retail foot traffic is down. But we're in a "recovery."
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Disappointing pending home sales blamed on winter weather

Signed real estate contracts fell 8.7% in December: NAR
January 30, 2014
Is it the winter weather, a slowdown in housing or a combination of both that caused real estate contract signings to cool in December?
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Contradictory housing data makes 2014 a bit of a maze for forecasters

But a few trends are easy to spot
December 31, 2013
What can we make of the seeming incongruity of indicators in the housing market as 2013 comes to a close? Mortgage applications recently hit a 13-year low. Existing home sales fell for the third consecutive month – and for the first time on a year-over-year basis in quite some time.
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