Housing Market News

April 25, 2011

Nintendo to retire the Wii, expected pork, beef price hike – Today’s THV

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Nintendo to retire the Wii, expected pork, beef price hike
Today’s THV
There's some indication the housing market may be taking baby steps toward recovery. The commerce department reports sales of new homes rose 11 percent in March, that's up from the dismal numbers of this winter. But the level is still very weak by …

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What’s next for Vancouver’s hot housing market? – Globe and Mail

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Globe and Mail
What's next for Vancouver's hot housing market?
Globe and Mail
(Read more in David Ebner's story: Foreign buyers buoy Vancouver housing) Are Vancouver's high housing prices sustainable? What's next for the city's real estate market? At noon PT (3 pm ET) on Tuesday April 26, Vancouver-based reporter David Ebner …

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New Home Sales: Slightly Better Than Horrible – TIME (blog)

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New Home Sales: Slightly Better Than Horrible
TIME (blog)
But even that analysis is flawed. The idea that if new homes were able to compete with all those foreclosures, then there must be some strength in the housing market. And without those foreclosures, the housing market would look even stronger. …

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How to Stage Your Home to Sell – TribLocal

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How to Stage Your Home to Sell
TribLocal
Given that we are currently in a ?buyer's market?, staging is a cost-effective way to make your home stand out among the fierce competition. In fact, according to Barb Schwarz, The Creator of Home Staging

Winans International – March’s New Housing Data Shows a Spring Thaw in Sales … – PR Newswire (press release)

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Winans International – March's New Housing Data Shows a Spring Thaw in Sales …
PR Newswire (press release)
NOVATO, Calif., April 25, 2011 /PRNewswire/ — The worst residential real estate bear market in 69 years is slowly improving with a rebound in new home sales across the country. The table above shows just how fragile the housing market is in light of …

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BOOST FOR THE HOMES MARKET AS MORE CAN AFFORD TO BUY – Express.co.uk

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BOOST FOR THE HOMES MARKET AS MORE CAN AFFORD TO BUY
Express.co.uk
This would push the average house price up by

Time for a change? – BBC News

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BBC News
Time for a change?
BBC News
"What will be important is when we see the first rate rise, whether the market's expectations change with that." He does not expect an initial 0.25% rise to have that much of an effect on an already subdued housing market. …

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Safe as houses? That loud knocking is falling prices – CTV.ca

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Safe as houses? That loud knocking is falling prices
CTV.ca
Bear this in mind if you're considering a jump into this high-priced and increasingly unaffordable real estate market of ours. How did the market get where it is today? Housing economist Will Dunning says resale housing prices have grown by an average …

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Charting the Course to $7 Gas – The Market Oracle

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The Market Oracle
Charting the Course to $7 Gas
The Market Oracle
In any event, the loose-money policy and low interest rates drove the real-estate market to new, all-time highs, with record low unemployment and a false feeling of risk-free risk taking. Sure enough, inflation hit, the Fed raised rates, …

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US new home sales jump 11 per cent – Sky News Australia

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US new home sales jump 11 per cent
Sky News Australia
Despite these welcomed signs, experts say the US housing market has a long road to recovery. The number only heightens the expectation for Federal Reserve Chairman Ben Bernanke's first publicly-scheduled press conference to be held on Wednesday.

Analysts say PIB passage crucial to property market recovery – BusinessDay

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Analysts say PIB passage crucial to property market recovery
BusinessDay
The passage of the Petroleum Industry Bill (PIB) which is currently cooling off on the floor of the National Assembly is crucial to the recovery of the property market, analysts have said. The non-passage of the bill is holding back investment in that …

Private home prices rose in first quarter – TODAYonline

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Private home prices rose in first quarter
TODAYonline
Analysts said Government measures to cool down the once red-hot property market have worked. Mr Mohamed Ismail, chief executive of property agency PropNex Realty, said: "Definitely, the cooling measures – particularly those that were introduced from …

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Sales of New Homes in US Rose 11.1% in March to 300000 Rate – Bloomberg

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Sales of New Homes in US Rose 11.1% in March to 300000 Rate
Bloomberg
Photographer: Derick E. Hingle/Bloomberg April 21 (Bloomberg) — Michael Feder, chief executive officer of Radar Logic Inc., talks about the state of the US housing market. He speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street …

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US: New home sales bounce in March – FXstreet.com

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US: New home sales bounce in March
FXstreet.com
Although this result comes above expectations of 280000, that's less than half the 700000-a-year pace that economists view as healthy, signaling the US housing market crisis is far from over. Sales of new single-family homes rose by 11.1% last month, …

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Fitch Affirms North Port, FL’s Sales Tax Revenue Bonds at ‘A+’; Outlook Stable – Business Wire (press release)

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Fitch Affirms North Port, FL's Sales Tax Revenue Bonds at 'A+'; Outlook Stable
Business Wire (press release)
Due to a combination of the housing bubble and the rapid population growth, a large amount of speculative building occurred in the city leading to over 65% annual assessed value (AV) increases in fiscal 2005 and fiscal 2006. The current housing market …

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New-Home Sales Provide Small Lift – Wall Street Journal

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New-Home Sales Provide Small Lift
Wall Street Journal
Coming off the worst year for new-home sales on record in 2010, the housing market continues to struggle to recover from the housing-market bust. The median sales price for a new home sold last month was $213800, up 2.9% from $207700 a month earlier …

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New home sales rise more-than-expected – Forex Pros

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New home sales rise more-than-expected
Forex Pros
This report helps to analyze the strength of the US housing market, which helps to analysis the economy as a whole. The new home sales report is quite volatile and subject to huge revisions. A higher than expected reading should be taken as …

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New home sales crawl back from all-time low – CNN

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New home sales crawl back from all-time low
CNN
NEW YORK (CNNMoney) — New home sales started to creep back up in March, according to government figures released Monday, but the housing market is still far from a recovery. …

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DATA SNAP: US New Home Sales Rise 11.1% in March – NASDAQ

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DATA SNAP: US New Home Sales Rise 11.1% in March
NASDAQ
Coming off the worst year for new home sales on record in 2010, the housing market continues to struggle to recover from a painful housing market bust. With demand soft, prices have been weak. The median sales price for a new home sold last month was …

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Sales of new U.S. homes rebounded in March – msnbc.com

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Sales of new U.S. homes rebounded in March
msnbc.com
Last week, new data showed home resales volumes bounced back in March, a hopeful sign for recovery in the housing market, but prices continued to decline. Existing home sales in March rose 3.7 percent from February to an annual rate of 5.10 million …

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