National Housing Market Outlook

Misleading Headlines

JBurns Headshot_web

John Burns

December 6, 2013

New home sales reportedly spiked in October. Huh?

Builder stocks spiked right after the Census Bureau release Wednesday morning, and we are sure that many believe we are in a strong housing market again because of the headlines. On Fox Business, I explained what is actually going on. We discussed:

  • The data quirk behind the simultaneous release of plunging September sales followed by a return to a more normal trend in October
  • 444,000 sales being just more than half of normal new home sales
  • The missing entry-level buyer
  • My anticipation for low homeownership due to the tremendous disincentives to lend to the credit-challenged borrower

Building Market Intelligence™

Every week, we deliver analysis to over 40,000 subscribers with our Building Market Intelligence™ newsletter. Subscribe to our weekly BMI newsletters to stay current on pressing topics in the housing industry.

About The Author

John Burns
Chief Executive Officer
As CEO, John grows, leads, and supports a team of passionate, articulate, likable, and smart experts. Together, we solve today so our clients can navigate to tomorrow.

Contact Us

If you have any questions about our services or if you would like to speak to one of our experts about we can help your business, please contact Client Relations at clientservices@jbrec.com.

Products and Services Mentioned

Research Membership

Our research services enable our clients to gauge housing market conditions and better align their business and strategic investments in the housing industry. We provide a thoughtful and unique holistic approach of both quantitative and qualitative analysis to help clients make informed housing investment decisions.

Metro and Regional Housing Package

An overview of major housing and economic trends, as well as forecasts across 100 MSAs nationwide. The information in this subscription package provides a complete picture of housing supply, demand, and affordability through local insight, proprietary surveys, and extensive data analysis.

Real Estate Consulting

Our experienced team of consultants helps clients make sound housing investment decisions. We thrive on their success and work with many clients over multiple years and numerous projects.

Latest Insights

4 Ways Middle Schoolers Want to Expand Affordable Housing
What Custom Home Architects Want Window Manufacturers to Know
JBREC-Podcast-Banner-86
Value Adding—How Resale Will Survive a Changing Market