Tag Archives: housing

[unable to retrieve full-text content]by Bill McBride Calculated Risk From housing economist Tom Lawler: Based on publicly-available local realtor/MLS reports released across the country through today . . . I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted annual rate of 3.97 million in October, up 3.4% from September’s […] The post Lawler: Early Read on Existing Home Sales in October appeared first on Angry Bear.

[unable to retrieve full-text content]I’ve written a book chapter on the COVID-19 pandemic and homelessness planning in Canada. Here’s a ‘top 10’ overview:https://nickfalvo.ca/covid-19-and-homelessness-planning-in-canada/

[unable to retrieve full-text content]Watch Months-of-Supply! by Bill McBride Calculated Risk Both inventory and sales are well below pre-pandemic levels, and I think we need to keep an eye on months-of-supply to forecast price changes. Historically nominal prices declined when months-of-supply approached 6 months – and that is unlikely any time soon – however, as expected, months-of-supply is above 2019 […] The post Watch Months-of-Supply! Housing appeared first on...

[unable to retrieve full-text content]Home Sales on Track for Worst Year Since 1995 – WSJ I suspect the same issues with the economy caused by tariffs will also have an impact on housing. Just have to wait and see the impact of Trump tariffs on building materials and internal fixtures such as plumbing, toilets, doorknobs, etc. Much of which […] The post Potential Bad Year for Housing appeared first on Angry Bear.

[unable to retrieve full-text content]by Bill McBride Calculated Risk News Letter Economist Adam Ozimek and John Lettieri (CEO, Economic Innovation Group) have a new proposal to address the housing crisis in the United States:  How the next president can solve America’s housing crisis U.S. housing costs are out of control. The median home for sale was rarely more than four times […] The post A Proposal to Address the Housing Crisis appeared first on Angry Bear.

Eric Latimer and I recently wrote a report for the Province of Québec about demand-side housing assistance for low-income households. A ‘top 10’ overview of the report can be found here: https://nickfalvo.ca/demand-side-housing-assistance-for-low-income-households-in-quebec/

– by New Deal democrat Much of the data that is being released, like yesterday’s jobless claims data, has to be viewed with an asterisk after it, because of hurricane disruptions. As an addendum to yesterday’s industrial production report, I failed to mention that the BEA that “the effects of two hurricanes subtracted an estimated 0.3 percent” from the total. Even with that increase, production would have been unchanged and manufacturing...

[unable to retrieve full-text content]I recently delivered my Homelessness 101 workshop in both English and French. All course material is available free of charge at this link: https://nickfalvo.ca/courses/

– by Bill McBride Calculated Risk NOTE: The tables for active listings, new listings and closed sales all include a comparison to September 2019 for each local market (some 2019 data is not available). This is the second look at several early reporting local markets in September. I’m tracking over 40 local housing markets in the US. Some of the 40 markets are states, and some are metropolitan areas. I’ll update these tables throughout the...

– Nadia Evangelou National Association of Realtors A good read explaining why things slowed down. Good introduction of why housing market fell apart since 2020. Much was due to the Fed Rate which was significantly higher than it normally was. People did not have the income to support a higher payment caused by a higher Mortgage Rate. Some excellent charting by NAR Calculations. Housing affordability has been a critical issue in the housing...