US pending home sales fell a sharp -4.9% v +0.5% estimates, in contrast to December existing home sales rising to 5.54M v 5.43M expected. Mortgage data has been volatile but stronger in late 2019 flowing onto housing as the stockmarket hit all time highs.
U.S. Existing Home Sales Rise as Stockmarkets Ht All Time Highs
US existing home sales rose to 5.54M v 5.43M expected and the prior 5.35M, up +3.6%% v +1.5% expected. Mortgage data has been volatile but stronger in late 2019 flowing onto housing as the stockmarket hit all time highs.
US Building Permits and Housing Starts Highest Levels in 12 Years
US building permits for August came in at 1419 K v a 1300K estimate and Housing starts were 1364K v a 1250K estimate. Both building permits and housing starts are at their highest since 2007
U.S. Existing Home Sales Continue To Fall as Inventories Rise
US existing home sales tumbled to 5.19M v 5.35M expected and the prior 5.21M, down -0.4% v +2.7% expected. Mortgage data has been volatile but stronger in 2019 so perhaps housing numbers pick up in the coming months if the geopolitical temperature cools.
US Home Price Gains Slow To Over 6 Year Low Says Case-Shiller
House prices rose a seasonally adjusted 0.1% in January the S&P CoreLogic Case-Shiller 20-city index showed. Price gains were 3.6% higher compared to a year ago. However that is the slowest annual growth since 2012 with a monthly decline for the third-straight month.
U.S. Existing Home Sales Plummet to Three Year Low
US existing home sales tumbled 4.99M v 5.24M expected, down -6.4% v -1.5%. Mortgage data has been stronger in 2019 so perhaps housing numbers pick up in the coming months with the Fed being flexible on rates.
U.S. Housing Starts Down 12.3% To 9 Month Low as Rates Rise
US housing starts in June fell 12.3% to 1173k reversing the May surge of 1337K which was a 11 year high. Mortgage data was also weak today. Housing numbers have been falling for a few months after a big jump in 2017 with the Fed raising rates.
U.S. Housing Starts Hit 11 Year High as Building Permits Fall
US May housing starts rose more than expected to 1350K vs 1311K expected, a rise of 5% to 11 year highs. However building permits fell 4.6%. Housing numbers have been falling for a few months after a big jump in 2017 with the Fed raising rates.
Housing Market Update, KB Home Earnings, Mortgages and Home Sales
After a series of weak housing data we get a chance to gage if this is just a breather or we are in for a more servere housing pullback. Ahead are earnings from KB Home $KBH, mortgage applications, house Prices, existing home sales and new home sales.
U.S. Housing Starts Fall 7% in Feb
US February housing starts fell more than expected to 1236K vs 1290K expected, a fall of 7% vs a fall of 2.7% expected. Housing numbers have been falling for a few months after a big jump in 2017 and the Fed rising rates. Permits were also weaker.