Monthly Archives: March 2017

Case Shiller House Price Index for January, 2017; national prices at 31 month high!!

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Interactive map of United States median house prices by county

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National labor force metrics; January 2017

Quality Quits In yet another sign that the labor market has largely recovered, in January 2017 the percentage of the labor force that voluntarily quit their job was 2.2%, or 3.2 million workers. That was the highest rate since September … Continue reading

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National new home sales for February, 2017; double digit increase compared to 2/16!!

The U.S. Census Bureau announced today that sales of new single-family houses in February 2017 were 592,000 at a seasonally adjusted annual rate, up 6.1 percent from January’s revised rate, and up 12.8 percent from February 2016.

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Home equity metrics

Weak Withdrawal Despite a prolonged rise in house prices, bringing them back to where they were prior to the Great Recession, mortgage equity withdrawal (MEW) is a pittance compared to a decade ago. Between 2003 and 2007, MEW averaged 7% … Continue reading

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National Association of Realtors appraiser trends survey results

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Producer Price Index released by the Bureau of Labor Statistics; big jump in the cost of home building materials

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