Rising Rates Cool Long-Run Potential Home Sales In November
By
Mark Fleming on December 17, 2015
For the month of November, First American’s proprietary Potential Home Sales model (previously called the Existing-Home Sales Capacity model) showed that the market potential for existing-home sales decreased by 2.1 percent compared to October and decreased by 8.0 percent compared to a year ago. The Potential Home Sales model provides a gauge on ...
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Expectations of a Rate Increase Dampens Housing in October
By
Mark Fleming on November 19, 2015
For the month of October, First American’s proprietary Existing-Home Sales Capacity (EHS-C) model showed that the market capacity for existing-home sales decreased by 3.1 percent compared to September and decreased by 7.3 percent compared to a year ago. The EHS-C provides a gauge on whether existing-homes sales are under capacity or over capacity ...
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Existing-Home Sales Capacity Decreases 0.1 Percent In September
By
Mark Fleming on October 22, 2015
Price appreciation fueled by low interest rates is driving market capacity for existing-home sales above actual existing-home sales First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-home sales are under capacity or over capacity based on current market fundamentals. For the month of ...
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Existing-Home Sales Capacity Increases 0.4 Percent In August
By
Mark Fleming on September 16, 2015
Market capacity for existing-home sales has remained close to six million sales on an annualized basis for more than a year First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-home sales are under capacity or over capacity based on current market fundamentals. For the month of August, the ...
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Existing-Home Sales Capacity Decreases 0.4 Percent in July — Market Capacity Nears Equilibrium
By
Mark Fleming on August 19, 2015
First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-homes sales are under capacity or over capacity based on current market fundamentals. For the month of July, the EHS-C seasonally adjusted, annual rate of sales decreased by 23,000, a decreased of 0.4 percent compared to June and a decrease ...
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Existing-Home Sales Capacity Decreases 1.7 Percent in June
By
Mark Fleming on July 21, 2015
Housing market improving as underperformance gap between existing-home sales and market capacity shrinks. First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-homes sales are under capacity or over capacity based on current market fundamentals. For the month of June, the EHS-C rate decreased ...
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