As S&P released the Case/Schiller Index for housing, there was over all rejoicing. The report also noted that all 20 major metro areas tracked by the S&P/Case Shiller index posted gains in June from May. That’s the second straight month in which prices rose in every city measured. That is only part of the story …
This article is a prime example of why tools from certain professions, say those of stock traders, cannot be used to evaluate housing One problem is that it makes understanding the output from these tools entirely difficult to understand. As a person who understands technical trading myself, I border labeling this analysis as silly because …
If you read our blog, you are not surprised that the prices of homes in the United States have been going up steadily. IF ON THE OTHER HAND… You are a person who follows the Case-Shiller Index, this is as big a shock as seeing a unicorn. You are probably saying to yourself, ‘This can’t …
Sign #1 U.S. builders have started to see an increase in orders. Lennar last month reported a 20% increase in order for the 3 months ended Nov. 30 2011. That means people are starting to look for NEW homes. Sign #2 The Standard & Poor’s 1500 Homebuilding index is up 14 per cent this year, …
