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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The Housing Market Is An Underachiever
By
Mark Fleming on May 18, 2015
NAR Existing-Home Sales numbers for April will be released on Thursday, May 21st. We have crunched the numbers based on April data and believe that the market continues to under-achieve relative to its capacity. Based on fundamentals, housing market capacity continued to strengthen in April based on the most recent information on labor markets, ...
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Are Housing Numbers Weird?
By
FirstAm Editor on May 15, 2015
As demand for housing continues to grow, one of the key factors holding back growth is the limited number of available homes on the market. Mark Fleming, First American's chief economist, commented on this "weird" phenomenon in a recent CNBC story that points again to the supply problem at the heart of housing today.
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