Home Inventory Trends –The inventory of unsold existing homes rose 0.7% in October 2024, continuing this year’s upward trend, but the persistent shortage still impacts home prices. Home Pricing Trends –Home prices continue to rise, with a 4% year-over-year increase in October 2024 and a ...
Reports from those departments include the number of new houses bought by customers, the number of old houses bought by customers, house orders which are pending, building permits, housing prices and other housing data. They give traders information of how much economic activity there is in the ...
Lastly, here’s a chart comparing construction costs with housing prices. This data is important because you might expect there to be a close link between construction costs and home prices, yet that hasn’t been the case in recent years. There may be perfectly reasonable explanations for the...
Good post. I agree with most of what you said, but especially point #2. Sometimes I don’t think people appreciate how extraordinary the run up in prices has been over the last several years. To think that we’ve hit the bottom just because we’ve had a bad few months is absurd. T...
Hypothesis 1: In the process of housing marketization, the acquisition of housing property rights has a significant period effect, i.e., the probability of housing acquisition is higher during periods of housing reform and when housing prices are steadily increasing (hypothesis of period effects). ...
Figure 4. Normal QQ graph of house price data. Statistical analysis shows a big difference in housing prices in Futian, Nanshan and the other eight districts. To measure this difference, this article calculates the degree of difference in housing prices in different administrative regions based on...
1.2. House Prices and COVID-19 The pandemic caused by COVID-19 has had a major impact in all countries, affecting all areas [28]. The real estate market has been affected over the years by various economic, environmental and health factors. This new pandemic has also had effects on the...
As we write this, there has been roughly a normal amount of seasonal home-price decline, as 32 of the top 50 metro areas saw median home prices decline (compared to the second quarter). A year ago, this was only 19 of 50 markets, and outside of two very distorted pandemic years (20...
s plan to untax, deregulate, and favor American business. There is massiveinvestment flows into the USreflecting how desirable the US will be to live in and do business in during the next 5 years. As Trump’s agenda plays out, demand on housing will grow immeasurably and prices will rise...
Monthly house prices in Beijing. Figure 2 illustrates that house prices have had extraordinary fluctuations and a steady uptrend since 2005. Based on the time gap between stationary phases in housing prices, an obvious periodicity of approximately three years emerges. The lowest price in our sample...