Relevant:
- Fannie Mae Downgrades Housing Outlook. Again.
- Shiller Remains Cautious on Housing [Video]
- Existing Home Sales For September: The Real Decline Is Worse Than The Headline Reports
- Countryside Housing Crisis To Become More Acute Says Commission for Rural Communities Study
- Looming housing slowdown clouds Home Depot's strong results
2009-10-16 — calculatedriskblog.com
CR takes a look at the current state of the housing market:
So what does this mean for the housing market? In the short term:
- Existing home sales will probably be strong in September based on regional reports.
- With restricted supply and increased demand, prices (Case-Shiller) will probably be strong through at least September (reported with a delay).
- Reported inventories will move lower.
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