Tag: housing market

U.S. home prices rise by most in nearly 7 years

Posted on by The INO.com Team

U.S. home prices rose in February compared with a year ago by the most in nearly seven years, as a growing number of buyers bid on a limited supply of homes.

The Standard & Poor's/Case-Shiller 20-city home price index climbed 9.3 percent in the 12 months ending in February. That's up from an 8.1 percent gain in January.

What are today's top 50 stocks? This free list will share the big market movers on a daily basis to help you find trading opportunities.

View this list for free now. Continue reading "U.S. home prices rise by most in nearly 7 years" →

Today's Video Newsletter: The housing market continues to shine

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here, with your mid-day market update for Wednesday, the 27th of February.

THE HOUSING MARKET CONTINUES TO SHINE
After yesterday's news that new home sales rose nearly 16 percent in January, The National Association of Realtors (NAR) showed a much bigger than expected increase in its pending home sales index today, which reached its highest level since April of 2010 in January. NAR said its pending home sales index rose by 4.5 percent to 105.9 in January after falling by 1.9 percent to 101.3 in December. Economists had expected the index to increase by 3.0 percent.

What is a pending home sale? A pending home sale is one in which a contract was signed but not yet closed. Normally, it takes four to six weeks to close a contracted sale. Continue reading "Today's Video Newsletter: The housing market continues to shine" →

Poll: What are your thoughts on the housing market?

Posted on by The INO.com Team

Yesterday new home sales jumped 15.9%. That was a huge unexpected gap up in sales. What are your thoughts on the current status of the housing market?

Should the U.S. government do more to help boost the housing market?

View Results

Loading ... Loading ...

Poll: Has the housing market hit rock bottom?

Posted on by The INO.com Team

The National Association of Realtors reported that the number of contracts to buy homes is rising, which pushed up the stock market yesterday. Yet earlier this week the report was that home sales were down. Which leads me to this question....

Do you think the housing market finally bottomed out?

View Results

Loading ... Loading ...

As always we would love to hear what you have to say on the subject.

Every Success,

The INO Team