Sales of new single-family houses in March 2012 were at a seasonally adjusted annual rate of 328,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
Data through February 2012, released today by S&P Indices for its S&P/Case- Shiller Home Price Indices showed annual declines of 3.6 percent and 3.5 percent for the 10- and 20-city composites, respectively.
Existing-home sales figures for March were 5.2 percent above the previous year’s totals, the ninth consecutive month in which this has occurred, according to the National Association of Realtors.
In a recent survey by Citi, 70 percent of home builders nationwide reported increased new-home sales in March, a 15 percent increase from February’s survey.
Data released by NAHB on Monday shows the NAHB/Wells Fargo Housing Market Index tracked nearly 10 points higher in April 2012 than the same time last year, continuing the overall positive swing in builder confidence over the last 12 months.
Foreclosure filings in the first quarter of 2012 were down 16 percent from the same period in 2011, according to the latest U.S. Foreclosure Market Report from RealtyTrac, released Thursday.
The March release of the Trulia Price Monitor reveals that of the 100 largest metropolitan areas nationwide, Cape Coral-Fort Myers saw the greatest increase in home prices from 2011.
The latest release of CoreLogic’s Home Price Index (HPI) showed that, excluding distressed sales, month-over-month prices increased 0.7 percent in February from January.
