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....
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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 ...
This morning the S&P/Case-Shiller Home Price Index has been released. The % increased in the 20 city composite continued for a third straight month at 1.6% for July over June with the July number at (-13.305) . The consensus forecast was anticipated at -14.20%. As for the Tampa home market, prices increased slightly from June to July...