828cloud

Data, Info and News of Life and Economy

Monthly Archives: October 2014

U.S. Housing Fade?

YoY % Change in GDP and Fixed Residential Investment Since March 2002


Enlarge chart ….


Home Purchase Mortgage Application Since 2005

Mortgage Application Since 1991


Enlarge chart ….

Mortgage Application and Mortgage Rate Since 2000


Enlarge chart ….


Change in Sales from a Year Ago by Price Range – May 2014

Sales Distribution by Price Range – May 2014


Furniture Spending and New Home Sales Are Weakening


Enlarge chart ….


Lumber Price Since 2011


Household Formation Since 1981


Enlarge chart ….

Note:

Equilibrium household formation: In equilibrium, home supply (new completions + excess vacant properties for sale + manufactured homes) should equal home demand (household formation + demolitions + second home purchases), assuming that builders were able to gauge market trends and build to meet the changes in demand. We can derive an equilibrium measure of household formation by solving for the variable based on the assumption that supply equals demand. It shows a clear downward trajectory in household formation with little recovery thus far, similar to the trend in the actual data.


Home Ownership Rate Since 1980


Enlarge chart ….

Median Asking Rent for Vacant Homes


Enlarge chart ….

Five-year Growth in Personal Income


Enlarge chart ….


Lumber Prices vs. SPDR S&P Homebuilder ETF


Sluggishness in the Mortgage-loan Market


Total Real Estate Sales Activity Since 1999


Enlarge chart ….

Sales Activity vs. Mortgage Rate


Enlarge chart ….

Year-over-Year Rate of Household Formation Since 2007

In Pictures: U.S. Economic Recovery

Full-time Jobs


Enlarge chart ….

Wages and Salaries


Enlarge chart ….

Financial Security


Enlarge chart ….


Enlarge chart ….

Opportunity


Enlarge chart ….

Chart of the Day: Japan Is Exporting Deflation to U.S. and the World

U.S. import price index from Japan

Enlarge Chart ….