Housing Analysis

20
Sep
2017

NAHB: Builder Confidence Dips on Hurricane Damage

CBC National Bank Housing Analysis 0 Comment

Home builders had less confidence in housing market conditions in September. In the aftermath of Hurricanes Harvey and Irma, builders worried that ongoing shortages of construction labor and materials would worsen. NAHB Chairman Granger MacDonald said that concerns over labor and building materials were “intensified,” but said that builder confidence was expected to return to high readings once rebuilding is underway.

17
Feb
2016

New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes

CBC National Bank Housing Analysis 0 Comment

Builder confidence in markets for new homes fell three points in February to a reading of 58. January’s reading was revised upward to 61. Builders have repeatedly expressed concerns shortages of labor and lots for development, but continue to express confidence in future sales conditions.

30
Apr
2014

Warmer Weather Brings In The Buyers, Is There Inventory?

CBC National Bank Housing Analysis 0 Comment

After three consecutive months of decline, the S and P Case-Shiller 20-City Composite Index remained nearly unchanged in February. Year-over-year home prices rose by 12.90 percent in February as compared to 13.20 percent in January.

24
Apr
2014

Existing Home Sales Show Improvement In The Northeast And Midwest Region

CBC National Bank Housing Analysis 0 Comment

March sales of existing homes exceeded expectations at a seasonally adjusted annual rate of 4.59 million sales according to the NAR. Analysts projected that existing home sales would reach 4.55 million based on February’s reading of 4.50 million sales.

27
Mar
2014

S & P Case-Shiller Shows Home Prices Down For Third Consecutive Month

CBC National Bank Housing Analysis 0 Comment

Harsh winter weather conditions contributed to home prices falling in January.

25
Mar
2014

FOMC Statement Shows “Moderate” Economic Growth

CBC National Bank Housing Analysis 0 Comment

The Federal Reserve’s Federal Open Market Committee met last week and Janet Yellen held her first press conference as Fed chair. According to the FOMC statement released after the meeting, the Fed cited severe winter weather conditions as a reason for slow economic growth in recent months.

20
Mar
2014

NAHB Housing Market Index Ticks Upward

CBC National Bank Housing Analysis 0 Comment

Spring is almost here, and the National Association of Home Builders Housing Market Index (NAHB HMI) thawed slightly in March.

05
Mar
2014

Highest Year-Over-Year Increase In Home Prices Since 2005

CBC National Bank Housing Analysis 0 Comment

Two major indicators of home price trends showed a slowing momentum for home prices in December.

27
Feb
2014

Case Shiller Price Index Shows That It’s A Buyers Market

CBC National Bank Housing Analysis 0 Comment

Two major indicators of home price trends showed a slowing momentum for home prices in December. The S&P Case Shiller 10 and 20 city indices reported that of 20 cities tracked, home prices were lower in December than for November.

25
Feb
2014

Existing Home Sales Lowest Since 2012

CBC National Bank Housing Analysis 0 Comment

Sales of existing homes fell by 5.10 percent in January according to the National Association of REALTORS. Pre-owned home sales slowed to a seasonally-adjusted annual rate of 4.62 million homes against an expected reading of 4.65 million and December’s reading of 4.87 million existing homes sold.

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Housing Analysis

NAHB: Builder Confidence Dips on Hurricane Damage

New Home Construction Seen As A Possible Solution To Pent Up Demand For Homes

Warmer Weather Brings In The Buyers, Is There Inventory?

Existing Home Sales Show Improvement In The Northeast And Midwest Region

S & P Case-Shiller Shows Home Prices Down For Third Consecutive Month

FOMC Statement Shows “Moderate” Economic Growth

NAHB Housing Market Index Ticks Upward

Highest Year-Over-Year Increase In Home Prices Since 2005

Case Shiller Price Index Shows That It’s A Buyers Market

Existing Home Sales Lowest Since 2012

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