RSS Feed by Calculated Risk on 8/24/2006 07:19:00 PM
Thursday, August 24, 2006
Housing: Difference a Year Makes
From MarketWatch: The difference a year makes
| The difference a year makes Recent data quantify housing cooldown (year-over-year changes). | |
| Builders’ sentiment |  52.2% |
| New-home sales | 21.6% |
| Purchase-mortgage applications | 20.9% |
| Building permits | 20.8% |
| Housing starts | 13.3% |
| Existing-home sales | 11.2% |
| Existing-home inventories |  39.9% |
| New-home inventories | 22.4% |
For builder sentiment, they are using the August numbers. For July, builder sentiment was off 44%. So the situation has probably gotten worse. Also, existing home sales lags most of the other indicators.
