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...
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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...
Tampa Real Estate Market/National Real Estate Market This past Friday we received Sales of Existing Homes (Single-Family & Condo) for the month of July. The numbers came in at an annual adjusted rate of 5.24 Million up 7.2% from a level of 4.89 million in June. The July numbers come in about 5% above the 4.99 million units sold in...
Tampa Real Estate Market/National Real Estate Market This morning we received Sales of Existing Homes for the 2nd quarter. The numbers came in at an annual adjusted rate of 4.76 Million up 4% from 4.58 million in the first quarter, but down 16% from a year ago according to the National Association of Relators. On a...