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Articles relating to "Economic Indicators":

January pending homes sales down due
WASHINGTON – March 7, 2007 – Pending home sales declined in January from a strong upturn in December due to unusual weather patterns, according to the National Association of Realtors® (NAR).
 
Pending home sales index rises
WASHINGTON – Feb. 2, 2007 – Pending home sales are higher, affirming the stabilization that is occurring in home sales, according to the National Association of Realtors® (NAR).
 
Floridians’ consumer confidence declines slightly in January
GAINESVILLE, Fla. – Jan. 31, 2007 – The sluggish housing market, and not gas prices or the stock market, is likely to blame for the drop in consumer confidence in Florida by one point to 89 in January, according to University of Florida economists.
 
New home sales up for month, down for year
WASHINGTON – Jan. 26, 2007 – Sales of new one-family houses in December 2006 were at a seasonally adjusted annual rate of 1,120,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development, or 4.8 percent above the revised November rate of 1,069,000 and 11.0 percent below the December 2005 estimate of 1,259,000.
 
Florida’s existing housing market: Median price up, sales down in 2006
ORLANDO, Fla. – Jan. 25, 2007 ¬– Florida’s housing market mirrored the national trend in 2006, with sales of existing single-family homes slowing to a more sustainable pace following a five-year run of record closings. By year’s end, a total of 180,037 homes changed hands statewide for a 28 percent decrease compared to the 248,575 homes sold in 2005, according to the Florida Association of Realtors® (FAR).
 
Housing starts up for second month
WASHINGTON – Jan. 18, 2007 – Home starts are up for December, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), while builders are more optimistic about the future, according to the National Association of Home Builders (NAHB) in yet another sign that the slow housing market may have turned a corner.
 
NAR: Pending home sales indicate market stabilization
Pending home sales are hovering in a narrow range, another indication that a stabilization is occurring in the housing sector, according to NAR. The index, based on contracts signed in October, slipped 1.7 percent to a reading of 107.2 — 13.2 percent lower than a year ago.
 
In Florida, an upswing in consumer confidence
Are Floridians more optimistic than the national population overall? They are, judging by UF’s November consumer confidence survey, which found a three-point index increase to 93 while its national counterpart logged a decrease.
 
Florida’s existing home sales down, median price level in October 2006
The pace of home sales in Florida continued to slow in October, though some markets report that the inventory of homes available for sale also eased last month. A total of 12,773 existing single-family homes sold statewide in October, a decrease of 22 percent from a year ago, while the existing-home median price remained level at $242,500.
 
Commercial Real Estate Index rises again in third quarter
According to NAR, the Commercial Leading Indicator for Brokerage Activity has increased for six consecutive quarters, showing that continued growth can be expected in commercial real estate sectors. The index rose 0.4 percent in third quarter 2006 to a reading of 120.1 -- the highest level in its series, which goes back to 1990.
 
Existing home sales rise in October, market stabilizing, says NAR
NAR: Total existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 0.5 percent to a seasonally adjusted annual rate of 6.24 million units in October from an upwardly revised pace of 6.21 million in September, but were 11.5 percent below the 7.05 million-unit level in October 2005.
 
Third Q metro home prices & state sales confirm market transition, says NAR
Total state existing-home sales, including single-family and condo, were at a seasonally adjusted annual rate of 6.27 million units in the third quarter, down 12.7 percent from a 7.18 million-unit pace in the third quarter of 2005 – the second highest level on record, after a peak of 7.19 million in the second quarter of last year.
 
Florida’s housing market for 3Q 2006
Florida's housing sector continued to mirror the national trend in third quarter 2006, showing a higher inventory level of homes for sale in many areas and a slowdown in the market. Sales of single-family existing homes statewide totaled 43,395 during the three-month period, down 34 percent from the 2005 level; the statewide median price remained stable at $247,900.
 
Florida's existing home sales ease, median price level in August 2006
Florida's housing sector continued to show signs of adjustment in August as many markets reported higher inventory levels of homes available for sale
 
Existing-home sales holding at a sustainable pace
Existing-home sales stabilized at a sustainable pace in August, while home prices showed an anticipated decline, according to the National Association of Realtors® (NAR).
 
Dip in gas prices helps consumer confidence recover August losses
Falling gas prices boosted consumer confidence among Floridians by five points to 82 in September, causing it to recover some of last month’s losses, University of Florida economists report.
 
10.3.06 Pending Home Sales Index shows market stabilizing
Pending home sales are up, indicating a stabilization is taking place in the housing market, according to
 
Nov. 06 Florida consumer confidence
Lower gas prices have given low-income customers a break and fueled a seven-point increase in consumer confidence in October to 90, its highest level in seven months, University of Florida (UF) economists report.
 
10-25-06 NAR: September existing-home sales ease
Total existing-home sales -- including single-family, townhomes, condominiums and co-ops -- dipped 1.9 percent to a seasonally adjusted annual rate of 6.18 million units in September from a level of 6.30 million in August
 
10-25-06 Florida's existing home sales down
Florida's housing sector continued to adjust to a more sustainable pace of sales in September 2006 with many markets reporting higher inventory levels of homes for sale; however, still-low mortgage rates also sparked buyer interest.
 
Pending home sales level
Home sales, PHSI, are expected to hold fairly steady in the months ahead, according to the latest reading on pending home sales published by the National Association of Realtors (NAR).