Cristan Fadal

This morning the S&P/Case-Shiller Home Price Index has been released.  The change in home prices were flat in the 20 city composite which came in at (-7.28%) for October with an adjusted September # of (-7.68%).  The consensus forecast was anticipated at (-7.10%).  As for the market of homes in Tampa, prices decreased slightly from September to October at (-1.6%)  which was...

The Commerce Department released this morning housing starts for October.  Privately-owned (multi-family) starts decreased by a more than expected (10.6%) to a seasonally adjusted annual rate of 529,000 units, market expectations were 600,000.  September’s previously reported starts of 590,000 was adjusted higher to 592,000.   The starts for October 2009 is (30.7%) below October 2008 rate of 763,000....

This morning the S&P/Case-Shiller Home Price Index has been released.  The % increased in the 20 city composite continued for a fourth straight month at 1.2% for August over July with the August number at (-11.3%) .  The consensus forecast was anticipated at (-11.9%).  As for the Tampa home market, prices increased slightly from July to August...

The Commerce Department released this morning housing starts for September.  Privately-owned (multi-family) starts increased by .5% to a seasonally adjusted annual rate of 590,000 units, market expectations were 607,000.  August’s previously reported starts of 598,000 was adjusted lower to 587,000.   While single-family housing starts rose at a rate of 501,000 which was 3.9% above the revised August figure of 482,000 ...