I think I will start Januarys market update with the same quote as Decembers, In the immortal words attributed to Yogi Berra "It's Hard to Make Predictions, Especially about the Future". I think that best describes 2015 Market. At the end of January 2015, closed sales down -9%, pending sales down -1%, inventory down -3%, and interest rates down-17% from the year earlier. As of the end of the week of February 3rd the rig count in North Dakota is down 36 (1 comments)
real tor: National Building permits and starts 11/17/2011
- 11/17/11 04:30 AM
When I look at the numbers they don’t paint a pretty picture starts and permits that include multifamily up 0.2 and 0.6% for the year in actual activity . when looking at the seasonally adjusted numbers every category 53 to 60% off the fifty year average . not what I would call any kind of recovery almost 2 ½ years after the recession “ended”