Bad news for Republicans....home sales rise in March

[Chris]

More buyers signed contracts to buy existing homes in March than the previous month, according to a monthly survey just released by the National Association of Realtors.

The Pending Home Sales Index rose 4.1 percent from February and is now 12.8 percent higher than March of 2011.

“The housing market has clearly turned the corner,” said NAR chief economist Lawrence Yun in a release. “Rising sales are bringing down inventory and creating much more balanced conditions around the country, which means home prices will be rising in more areas as the year progresses.

News Headlines

 

[Truthmatters]

austerity fails yet again in practice and now the economy of our own country is getting better.

Poor cons still stick to the lies and failed policies.


It must be sad to be so fucking stupid and dishonest

 

[Katzndogz]

An the truth is....

Home sales fall in March, prices dropped in Feb. | 9news.com

The Commerce Department says sales fell 7.1% in March from February, to a seasonally adjusted annual rate of 328,000 units. That followed a 7.3% increase in sales in February. That figure was revised up from an initial estimate that February sales had fallen 1.6%.

The weakness in March could reflect a warmer-than-normal winter causing sales that normally occur later in the spring sales season to occur in February.

The median home price was $234,500 in March, down 1% from the February price.

A private report earlier Tuesday said home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven't been enough to boost prices

 

[LordBrownTrout]

Oops.....no, they really fell. Maybe they rose in some remote region in your article.

New home sales fall 7.1 percent in March | OregonLive.com

Sales of new homes fell in March by the largest amount in more than a year, indicating that the U.S. housing market remains under strain despite some modest signs of improvement.

 

[Big Fitz]

That is good news. I just worry it's not based on facts and is just spin.

Truthiepoo, how does Chris's colon taste? You gotta have your head shoved wayyyy up there. Or are you practicing to be a tapeworm?

 

[Big Fitz]

Oops.....no, they really fell. Maybe they rose in some remote region in your article.

New home sales fall 7.1 percent in March | OregonLive.com

Sales of new homes fell in March by the largest amount in more than a year, indicating that the U.S. housing market remains under strain despite some modest signs of improvement.

Whoopsie! I wondered when the conflicting data would come out.

 

[SniperFire]

We have been hearing that the housing market 'has turned the corner' for a couple of years now.

 

[SniperFire]

An the truth is....

Home sales fall in March, prices dropped in Feb. | 9news.com

The Commerce Department says sales fell 7.1% in March from February, to a seasonally adjusted annual rate of 328,000 units. That followed a 7.3% increase in sales in February. That figure was revised up from an initial estimate that February sales had fallen 1.6%.

The weakness in March could reflect a warmer-than-normal winter causing sales that normally occur later in the spring sales season to occur in February.

The median home price was $234,500 in March, down 1% from the February price.

A private report earlier Tuesday said home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven't been enough to boost prices

You just made Chris look like a complete fool.

 

[LordBrownTrout]

Oops.....no, they really fell. Maybe they rose in some remote region in your article.

New home sales fall 7.1 percent in March | OregonLive.com

Sales of new homes fell in March by the largest amount in more than a year, indicating that the U.S. housing market remains under strain despite some modest signs of improvement.

Whoopsie! I wondered when the conflicting data would come out.

It was "unexpected".

 

[Intense]

More buyers signed contracts to buy existing homes in March than the previous month, according to a monthly survey just released by the National Association of Realtors.

The Pending Home Sales Index rose 4.1 percent from February and is now 12.8 percent higher than March of 2011.

“The housing market has clearly turned the corner,” said NAR chief economist Lawrence Yun in a release. “Rising sales are bringing down inventory and creating much more balanced conditions around the country, which means home prices will be rising in more areas as the year progresses.

News Headlines

Great news. Better get those homes sold before the new National Tax on Home Sales kicks in after 12/31/12.

 

[Big Fitz]

An the truth is....

Home sales fall in March, prices dropped in Feb. | 9news.com

The Commerce Department says sales fell 7.1% in March from February, to a seasonally adjusted annual rate of 328,000 units. That followed a 7.3% increase in sales in February. That figure was revised up from an initial estimate that February sales had fallen 1.6%.

The weakness in March could reflect a warmer-than-normal winter causing sales that normally occur later in the spring sales season to occur in February.

The median home price was $234,500 in March, down 1% from the February price.

A private report earlier Tuesday said home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven't been enough to boost prices

You just made Chris look like a complete fool.

Chris never needed help.

 

[Chris]

An the truth is....

Home sales fall in March, prices dropped in Feb. | 9news.com

The Commerce Department says sales fell 7.1% in March from February, to a seasonally adjusted annual rate of 328,000 units. That followed a 7.3% increase in sales in February. That figure was revised up from an initial estimate that February sales had fallen 1.6%.

The weakness in March could reflect a warmer-than-normal winter causing sales that normally occur later in the spring sales season to occur in February.

The median home price was $234,500 in March, down 1% from the February price.

A private report earlier Tuesday said home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven't been enough to boost prices

That's NEW HOMES, not homes in general.

Nice try though.

 

[Chris]

More bad news for Republicans....

NEW YORK (CNNMoney) -- A surge in gasoline prices earlier this year sparked talk of $5 a gallon by this summer, but prices at the pump have been ticking lower in April, and it appears they'll continue falling as the driving season approaches.

This rosy scenario is prompted by the fact that the price for one of the most common types of gasoline futures traded in New York has dropped 30 cents, going from over $3.40 a gallon at the beginning of April to $3.10 a gallon Wednesday.

Gas prices seen headed lower at the pump - Apr. 26, 2012

 

[Big Fitz]

An the truth is....

Home sales fall in March, prices dropped in Feb. | 9news.com

The Commerce Department says sales fell 7.1% in March from February, to a seasonally adjusted annual rate of 328,000 units. That followed a 7.3% increase in sales in February. That figure was revised up from an initial estimate that February sales had fallen 1.6%.

The weakness in March could reflect a warmer-than-normal winter causing sales that normally occur later in the spring sales season to occur in February.

The median home price was $234,500 in March, down 1% from the February price.

A private report earlier Tuesday said home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven't been enough to boost prices

That's NEW HOMES, not homes in general.

Nice try though.

Kinda like manmade CO2 versus ALL CO2 making a difference when it's only 0.06% of the total created, right?

 

[Chris]

WASHINGTON, DC, Apr 26, 2012 (MARKETWIRE via COMTEX) -- Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of Realtors(R).

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an upwardly revised 97.4 in February and is 12.8 percent above March 2011 when it was 89.9. The data reflects contracts but not closings.

The index is now at the highest level since April 2010 when it reached 111.3.

Lawrence Yun, NAR chief economist, said 2012 is expected to be a year of recovery for housing. "First quarter sales closings were the highest first quarter sales in five years. The latest contract signing activity suggests the second quarter will be equally good," he said.

"The housing market has clearly turned the corner. Rising sales are bringing down inventory and creating much more balanced conditions around the county, which means home prices will be rising in more areas as the year progresses," Yun said.

March Pending Home Sales Rise, Market Recovering - MarketWatch

 

[Truthmatters]

dishonesty just keeps them wondering why no one buys their shitty failed ideas.

Oh well they always have their racism to fall back on

 

[SniperFire]

The housing market is in the shitter.

Banks are just dumping more short sales and taking more of a hit than the year prior.

 

[Katzndogz]

And the truth is.

Existing home sales fall 2.6 percent in March - Yahoo! News

WASHINGTON (Reuters) - Home resales fell in March but the supply of properties on the market tightened and prices inched higher, giving mixed signals about the pace of recovery in the still-struggling housing sector.

The National Association of Realtors said on Thursday that existing home sales slipped 2.6 percent to an annual rate of 4.48 million units last month.

Existing home sales fall 2.6% in March - Apr. 19, 2012

Sales of existing homes fell 2.6% compared with a month earlier, to an annualized rate of 4.48 million homes, the National Association of Realtors said.











Gus Faucher, a senior economist at PNC Financial, called the report disappointing.

"We were expecting an increase," he said. "We need a turnaround to help the economy recover."

 

[Chris]

The housing market is in the shitter.

Banks are just dumping more short sales and taking more of a hit than the year prior.

Home sales rising, retail sales rising, auto sales rising, gas prices falling....

What will republicans run on?

Anticontraception???

 

[SniperFire]

But not to worry, Chris!

The economy is ready to EXPLODE as soon as the Marxists are removed from power in Washington!