OTC Capital Partners » Housing Market

Home sales at 11-month high

Reuters: Business News — Fri, 20 Jan 2012 17:00:03 +0000

WASHINGTON (Reuters) – Sales of previously owned homes rose to an 11-month high in December and the supply of properties on the market tumbled to a near 7-year low, pointing to a nascent recovery in the housing market.

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Modest China slowdown as exports, housing drag: Reuters poll

Reuters: Business News — Thu, 19 Jan 2012 11:10:23 +0000

BEIJING (Reuters) – China’s 2012 economic outlook has dimmed because of weakening export demand and a faltering housing market, and its central bank will probably try to spur more bank lending to prevent a steeper slump, a Reuters poll showed on Thursday.

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Exclusive: Angelides to lead distressed mortgage firm

Reuters: Business News — Fri, 13 Jan 2012 20:33:02 +0000

New York (Reuters) – Phil Angelides, formerly the chairman of a federal commission who led investigations into why the financial markets collapsed, is heading an investment group that hopes to “do a good thing” for America while turning a profit from the wreckage of the housing market.

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Fed officials push more help for housing

Reuters: Business News — Fri, 06 Jan 2012 21:10:43 +0000

ISELIN, New Jersey (Reuters) – Three top Federal Reserve officials aggressively pushed on Friday for more stimulus for the U.S. housing market, saying that other government policymakers as well as the central bank should be looking at ways to help the sector in order to speed the economic recovery.

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Pending home sales rise to 1.5 year high

Reuters: Business News — Thu, 29 Dec 2011 17:40:04 +0000

WASHINGTON (Reuters) – Pending sales of existing homes surged to a 1-1/2 year high in November, an industry group said on Thursday, offering more signs of a tentative recovery in the housing market.

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Consumer confidence perks up, house prices sag

Reuters: Business News — Tue, 27 Dec 2011 17:50:03 +0000

WASHINGTON (Reuters) – U.S. consumer confidence hit an eight month high in December on improving job prospects, lending the economy further support, even though weak home prices could delay a recovery in the housing market.

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Consumer confidence rises, house prices fall

Reuters: Business News — Tue, 27 Dec 2011 16:10:18 +0000

WASHINGTON (Reuters) – Consumer confidence rose to an eight month high in December as households grew more upbeat about job prospects, but other data showed the housing market likely remains a drag on economic growth with house prices falling 3.4 percent in the October year.

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House prices fall sharply in October

Reuters: Business News — Tue, 27 Dec 2011 14:16:48 +0000

WASHINGTON (Reuters) – Single-family home prices fell more than expected in October, according to data on Tuesday that underscored the challenges facing the housing market.

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Existing home sales jump in November

Reuters: Business News — Wed, 21 Dec 2011 16:10:41 +0000

WASHINGTON (Reuters) – Sales of previously owned homes surged in November, but revisions to data for the last four years showed the housing market recession was deeper than previously thought.

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Jump in housing starts points to recovery

Reuters: Business News — Tue, 20 Dec 2011 17:00:05 +0000

WASHINGTON (Reuters) – Housing starts and building permits jumped to a 1-1/2 year high in November as demand for rental apartments rose, suggesting the housing market was entering a tentative recovery.

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