Housing Starts – Home Sales – House Price Appreciation – Home Price Index – Actual and Forecasts – July 2015

Group 18 - July 2015

  • Housing Starts forecast is at 0.97 Mn in 1st quarter of 2015 compared to last quarter of 2014. Forecast for 2nd quarter of 2015 is higher at 1.14 Mn going up to 1.5 Mn in last quarter of 2016
  • Total Home Sales increased to 5.49 Mn in 1st quarter of 2015 compared to 5.28 Mn in 2014. Forecast for 2nd quarter is expected to increase to 5.65 Mn going up to 5.9 Mn by the end of 2016
  • FMHPI quarterly house price appreciation is at  1.6 % compared to annual 5.0% in 2014. Projections for 2nd quarter is at 0.7% .2015 yearly appreciation is expected at 4.1% and 3.8% in 2016
  • S&P/Case-Shiller is at 1.0% in 1st quarter of 2015 compared to annual 4.6% in 2014. Annual 2015 growth is expected at 3.7% and annual 2016 growth is expected at 3.8%

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