Monthly Archives: July 2016

National new home sales commentary for June, 2016

Inventory Irritant While existing home sales in June were at a seasonally-adjusted annual rate of 5.57 million, their highest level since 2/07, sales remain 22% off the peak of mid-2005. A key reason; a low inventory that essentially hasn’t budged … Continue reading

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National sales of new homes in June, 2016; blowout month compared to June of 2015.

Sales of new single-family houses in June 2016 were 592,000 at a seasonally adjusted annual rate (SAAR), up 3.5 percent from May’s revised rate and up 25.4 percent from June 2015.

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National building permits and starts for June, 2016

Building permits in June 2016 were at a seasonally adjusted annual rate (SAAR) of 1,153,000, up 1.5 percent from the revised May rate, but down 13.6 percent from June 2015. Housing starts in June 2016 were at a SAAR of … Continue reading

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National foreclose metrics; May, 2016

Fine Foreclosures The percentage of homes with a mortgage in foreclosure in 5/16 was 1%, compared to 1.3% in 5/15 and a peak of 4.5% in 2010. The current rate is the lowest since 10/07 but is still double the … Continue reading

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