HOML News and Press, UBS AG London Branch ZC SP ETN REDEEM 13/03/2045 USD 25 From 03/30/19

By Jill Mislinski Friday's release of the February New Home Sales from the Census Bureau came in at 667K, up 4.9% month-over-month from a revised 636K in January. Here is the opening from the report: Data collection and processing were delayed for this indicator release due to th...

Here are some graphs of price/rent ratios, by zip code, for several metro areas. (All x-axes have the same 2013 rental value, while the y-axes represent the estimated price/rent ratio for each year.) The data is from the inestimable Zillow.com. Price/rent ratios before 2010 are based on my e...

By Jill Mislinski This morning the National Association of Realtors released the February data for their Pending Home Sales Index. Here is an excerpt from the latest press release: Lawrence Yun, NAR chief economist, said February's pending home sales decline is coming off a solid gain i...

By Robert Hughes Housing construction activity slowed in February as starts fell by 8.7 percent. Total housing starts dropped to a 1.162 million annual rate from a 1.273 million pace in January. The dominant single-family segment, which accounts for about three-fourths of new home construc...

San Francisco Bay Area House prices -4.3%, condos -5.7% since July, Seattle house prices -5.9%, most since Housing Bust 1; Los Angeles, San Diego, Denver, Portland, New York condos, even Boston decline. Dallas ticks up. The most obvious one was Seattle. Now it's joined by a second most...

I had a nice conversation with Josiah Neeley of the R Street Institute and Doug McCullough of the Lone Star Policy Institute on their podcast "Urbane Cowboys". Elsewhere, Emily Hamilton, a research fellow at the Mercatus Center, was on the Marketplace Morning Report, on NPR, discussing ...

Introduction With this morning’s release of housing permits and starts for February, this series has finally been brought back up to date following the government shutdown. Let’s take a look, bearing in mind that interest rates turn first before sales, and sales turn before pri...

Ross Clark - Canadian federal budget, stock markets, and the Canadian dollar. Hilliard MacBeth - Canadian federal budget, new homebuyers and real estate. Robert Campbell - California's housing slump and US real estate. Larry Reaugh - President & CEO of ...

Real Estate Weekly Review Goldilocks is alive and well, and that's been a boon for the US real estate sector in 2019. Mounting signs of slowing global growth and receding inflationary pressure in the US have kept the Fed on pause this year, sending the 10-year Treasury yield and the 30-yea...

Freddie Mac's March forecast sees single-family mortgage originations rising 1.6% to $1.67T in 2019 and remaining at a similar level in 2020. More news on: UBS ETRACS Monthly Pay 2x Leveraged Mortgage REIT ETN, iShares Mortgage Real Estate Capped ETF, SPDR Homebuilders ETF, News on the U...