HOUSING DERIVATIVES

Radar Logic April 2009 Housing Report - Green Shoots?

Radar Logic has published their April 2009 Housing Report.  The price and transaction count data show improvements in the US housing market.

Altos Research June 2009 US Housing Report

Altos Research has published its June 2009 Real-Time Housing Report.  Of note:

• The Altos Research 10-City Composite Index rose 2.6% in May and 4.8% during the most recent three month period.

• Prices increased in 23 of 26 markets with 22 markets showing three months of sequential price increases.
• The Altos 10-City Composite continues to highlight a shift in properties available on the market. The market has experienced some turnover at the low-end (two years after the first sub-prime collapse) while new properties on the market are shifting to the higher-end.
• Across the 10-City Composite Index markets inventory fell by 0.2% during May and 1.7% over the most recent three month period.

Altos Research May 2009 Real-Time Housing Report

The

Altos Research Real-Time Housing Market Update for May 2009 is attached for your review.

Housing Data Looks Backwards Into The Future? (Do Futures Look Backwards?)

Ira Artman looks at the latest housing pending sales statistics with an eye both backwards and forwards.  (Link courtesy of MortgageNewsClips.com).

If we could only see housing prices forward with a commodity market that prices the NAV of housing.....

Recession Comparisons - US Housing Affordability

David Leonhardt of the The New York Times published an analysis showing the changes in home prices to income (affordability).  The East and West Coast cities have the most volatile affordability metrics.  The chart in the article has wonderful scroll-over functionality.

US Housing Prices Mixed - Altos Research

Altos Research is reporting its April 2009 Real-Time Housing Market Update.  Of note is18 of 26 markets are showing price increases.  Housing supply is still growing at a firm rate.

Housing Market - March 2009 Update - Altos Research

Altos Research has published their March 2009 housing report.  Of note the report found price increases in 3 of 26 U.S. housing markets.

Radar Logic RPX December 2008 Housing Market Report

Radar Logic published their December 2008 housing market report.  Foreclosure sales were a major feature of the analysis.

Canadian House Price Index

Teranet is the National Bank House Price Index™ is an independent representation of the rate of change of Canadian single-family home prices.  Their February 2009 Newsletter shows a familiar looking chart for home price watchers.

US Home Price Index - Who Is Best?

Ira Artman published a study that examines three major index series for US home prices.  Download HPI Indices.  The analysis examines  FFA/OFHEO, S&P/Case-Shiller National and Radar Logic/RPX 25 MSA Composite data.