Items Tagged with 'Wells Fargo Housing Market Index'

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  • Decreasing home sales reveal an underwhelming market

    Zillow Senior Economist Aaron Terrazas thinks the market is in trouble
    New home sales decreased in July as the market continues to remain relatively static, according to the new report from the Census Bureau and the Department of Housing and Urban Development. Zillow Senior Economist Aaron Terrazas said that home sales once again disappointed expectations, indicating that the market is in trouble.
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  • Homebuilder confidence remains at 6-month low

    Paves way for strong 2016
    While the number remained the same, builder confidence still sits at a six-month low, reflecting that many markets continue to show a gradual improvement. According to NAHB Chairman Tom Woods, a homebuilder from Blue Springs, Missouri, this should bode well for future home sales in the year ahead.
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