Saturday, February 28, 2009

US Housing Stats 2009


According to the Hanley Wood Market Intelligence the following is an analysis based on market level data:


Employment Growth (3,499,000) F
Unemployment Rate 7.6% D-
Real GDP Growth (6.2%) F
Consumer Confidence 25.0 F
Purchase Mortgage Applications 250.5 F
Mortgage Rates 5.07% A+
Median Price Existing Home $170,300 F
Existing Home Sales 4,490,000 D
Existing Home Inventory 3,600,000 F
Existing Home Affordability 66.0% A+
Median Price New Home $201,100 F
New Home Sales 309,000 F
New Home Inventory 341,000 F
New Home Affordability Ratio 59.4% A+