Tag Archives: Existing Home Sales

Many housing market analysts have expressed concern over the short housing supply heading into the spring.

The latest Ten-X Residential Real Estate Nowcast indicates that sales are expected to rise, though the number of homes for sale may be limited by constrained inventory.

Existing-home sales reached a six-month high in January, but the combination of persistent tight inventory and rapid price appreciation in the housing market may make it tough for would-be homebuyers this spring.

Recent headwinds have been a hot discussion topic among economists in the last couple of months, particularly since GDP growth totaled only 0.7 percent in the first estimate for Q4. Will the rate of GDP growth rise or fall in the second Q4 estimate?

Existing-home sales experienced an up-and-down wave of activity in November and December due to the TILA-RESPA Integrated Disclosure (TRID) rule, but Ten-X.com forecasts that this may all change soon.

While the backlog created by TRID delays has been cleared, it may be tough to repeat 2015's existing-home sales numbers in 2016.

While TRID may have slowed down existing-home sales in November, the regulatory shock on the housing market is likely to be temporary.

Among the news the industry will be watching for in the coming week will be the Q4 and year-end earnings statements for Morgan Stanley and Goldman Sachs, among others.

November 2015 saw a substantial dropoff in the pace of existing-home sales. Will there be a comeback in 2016?

The share of all-cash sales continues to decline, and the share of homes purchased by institutional investors—who account for the largest percentage of all-cash sales—has dropped right along with it.