BELLAIRE CAPITAL MANAGEMENT, LLC
  • Home
  • About Us
    • Company News
    • Our Team
  • Services
    • Financial Planning >
      • Stage 1: Early Adult Planning
      • Stage 2: Planning as An Adult
      • Stage 3: Pre-Retirement Planning
      • Stage 4: Post-Retirement Planning
    • Small Business Planning >
      • Small Business Continuity Planning
    • Investment Strategies >
      • Saving For Retirement
  • Kevin's Corner
    • Investing Wisely Series...
    • Planning Wisely Series
  • Market Viewpoints Blog
    • ReCalc Blog
    • Register for Updates
  • Contact Us
  • Events

US Housing Market Recap

7/31/2012

 
Kevin Spires, CFA, FRM
Picture
The Housing Recovery is for real.  Housing Starts have been up over 20% Y/Y for all of 2012.  Housing Inventories are down, rental and home vacancies are down, but household formation is up 1.7% Y/Y.  As a result, home construction is finally starting to recover.

I would expect the Housing Sector to continue to be a bright spot in the US Economy over the next 6-12 months.  Builders Sentiment is at a 5 year high and Home Prices are starting to stabilize.

Current levels of growth in Housing are normally associated with above trend growth in the US Economy. But the current level of Housing Starts is so low that while the contribution will be positive, it won't be anywhere near as powerful as usual due to the still large inventories of extra homes built during the Housing Boom.

Click on the Monthly Housing Chart Package for more information.


Comments are closed.
    Contact Us

    RSS Feed

    Archives

    March 2017
    May 2016
    December 2015
    March 2014
    February 2014
    December 2012
    October 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012

    Categories

    All
    2012 Election
    2016 Election
    Bank Credit
    Consumer Credit
    Corporate Profits
    Economic Outlook
    Employment
    European Debt Crisis
    Fed Balance Sheet
    Fed Watch
    Housing
    Leaders
    Liquidity
    Manufacturing
    Money Supply
    Stock Market Technicals

Contact Us
​All rights reserved by Bellaire Capital Management, LLC
​​LegalPrivacy PolicyDisclaimer
Live Chat Support ×

Connecting

You: ::content::
::agent_name:: ::content::
::content::
::content::