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“The National Association of Realtors (NAR) Pending Home Sales Report measures the change in the number of homes under contract to be sold but still awaiting the closing transaction, EXCLUDING NEW CONSTRUCTION.”
Very important declaration – so is this the home flippers index? 🙂
[quote=”Helmholtz Watson” post=453]Another thought is the lull was also when all the concerns over the Fed rising was going on[/quote]
and all the partisan diversion at the hill – Russia etc
[quote=”ThePitBoss” post=454][quote=”Helmholtz Watson” post=453]Another thought is the lull was also when all the concerns over the Fed rising was going on[/quote]
and all the partisan diversion at the hill – Russia etc[/quote]
True that to – though they have now split the country up perfectly as intended – Mid West off tells you something
Supply not meeting demand will push housing prices higher
btw, I wonder how much of those houses in the South are Canadians buying
Which foreign buyers are snapping up record amounts of U.S. real estate? Surprise, it’s Canadians
Canadians purchased 33,819 properties in the U.S., the top five destination by state Florida, Arizona, California, Texas and Georgia. Those numbers pale in comparison to the 69,135 purchases in 2010 when the dollar was near par. But Canadian activity has perked up over the past year, thanks to rapidly rising domestic prices, which appear to have helped finance stateside purchases.
The realtor group looked at sales over a 12-month period from April, 2016 to March, 2017 and saw an almost 26 per cent jump in purchases from a year earlier among Canadians. The average property price by Canadians during that year-long study was $560,844, an almost 69 per cent jump from the average price a year earlier.
[quote=”Assistanc3″ post=457]Supply not meeting demand will push housing prices higher
btw, I wonder how much of those houses in the South are Canadians buying
Which foreign buyers are snapping up record amounts of U.S. real estate? Surprise, it’s Canadians
Canadians purchased 33,819 properties in the U.S., the top five destination by state Florida, Arizona, California, Texas and Georgia. Those numbers pale in comparison to the 69,135 purchases in 2010 when the dollar was near par. But Canadian activity has perked up over the past year, thanks to rapidly rising domestic prices, which appear to have helped finance stateside purchases.
The realtor group looked at sales over a 12-month period from April, 2016 to March, 2017 and saw an almost 26 per cent jump in purchases from a year earlier among Canadians. The average property price by Canadians during that year-long study was $560,844, an almost 69 per cent jump from the average price a year earlier.[/quote]
Makes a lot of sense with the warmer climate and also oil and gas jobs picking up in Texas
plus Canadians are getting older and winter is harsh, even in Ontario
If CADUSD were to hit part again, which I don’t think it will
I foresee a mass influx of Canadians heading south[quote=”Helmholtz Watson” post=460]Makes sense – what happened to all those American actors leaving to Canada if Trump got in ?[/quote]
they were “just acting”
I hear there’s a job going for a new actor as communications director – last one wasn’t a very good actor took on the Joe Pesci role a little too literally
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