Tampa Real Estate Market/National Real Estate Market Sales of Existing Homes (Single-Family & Condo) for the month of August. The numbers came in at an annual adjusted rate of 5.10 Million down 2.7% from a level of 5.24 million in July. The July numbers come in about 3.4% above the 4.93 million units sold in August 2008. In summary this...
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Tampa Real Estate Market – New Housing Starts – August
September 17, 2009by Cristan Fadal
The Commerce Department released this morning housing starts for August. Privately-owned starts increased by 1.5% to a seasonally adjusted annual rate of 598,000 units, market expectations were 600,000. July’s previously reported starts of 581,000 was adjusted upward to 589,000. While single-family housing starts were at a rate of 479,000 which was 3% below the revised...
This morning the commerce department released its estimate on New Home Sales for July. As anticipated this number rose to 433K in July, from a seasonally adjusted of 395K in June. The consensus estimates were at 390K. Sales have now risen for four straight months. All this being said the median real estate sales price for new...
This morning the S&P/Case-Shiller Home Price Index has been released. The % decline in the 20 city compsite continued to -15.4%, however this was less of a decline than the 1st qtr of 2009 at (-19.1%). The consensus forecast was anticipated at -16.40%. Today’s data reflects a 5th consecutive month of improving decline. As for the Tampa...