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Five Takeaways: Where is the U.S. Housing Market Headed?

BIZCATALYST 360°
BY BIZCATALYST 360°

Tuesday’s housing reports paints a picture of a housing market that may slowly be gaining some balance.

Home prices aren’t going up as fast as they were a year ago, when talking heads were buzzing about a potential bubble. And sales of new homes, which have struggled to increase from relatively low levels of a year ago, posted huge gains in May, according to the Commerce Department.

Here are five takeaways:

1. If the May figure of 504,000 sales at a seasonally adjusted annual rate isn’t revised down, this would put sales of new homes at their highest levels in six years.

via Five Takeaways: Where is the U.S. Housing Market Headed? – Real Time Economics – WSJ.

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WE ARE THE AWARD-WINNING PUBLISHING DIVISION OF 360° NATION —PRESENTING OUR LIFE, CULTURE, AND BIZ MULTIMEDIA DIGEST AS A HUB OF CREATIVE EXPRESSION AND PERSONAL GROWTH. WITH AN EMPHASIS ON ACTION, OUR VAST GLOBAL CONTRIBUTOR COMMUNITY EMPOWERS PEOPLE TO TRANSITION FROM KNOWING WHAT TO DO TO ACTUALLY DOING IT —ALL COMPLEMENTED BY SYNDICATION RELATIONSHIPS WITH A CHOICE GROUP OF EQUALLY INNOVATIVE MEDIA OUTLETS. TODAY AND EVERY DAY, WE SIMPLY DELIVER THE VERY BEST INSIGHTS, INTELLIGENCE, AND INSPIRATION AVAILABLE ANYWHERE —DOING IT OUR WAY BY PLACING OUR WRITERS AND OUR AUDIENCE AT THE FOREFRONT. IT'S MAGICAL. IT'S EVERGREEN. AND QUITE FRANKLY, IT'S JUST GOOD STUFF. PERIOD.

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