C21AGVoices

Last week’s jobs report — a combination of the Department of Labor’s non-farm Payrolls Report and Unemployment Rate — provided investors and job seekers with unexpected good news.

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The previous couple years’ doom and gloom outlook is looking like it is turning more upbeat and robust for the rest of 2013.

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19 of 20 metro areas showed higher home prices in Q 4 2012 with the New York metro area showing a decrease in home prices; this could be due in part to the impact of Hurricane Sandy.

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Home sales rose for the 11th consecutive month according to the National Association of REALTORS® Existing Home Sales Report for January.

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February’s Housing Market Index reading remains near the HMI’s highest level since April 2006, when the HMI reading reached 51.

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The National Association of Homebuilders recently released its Improving Markets Index for the month of February.

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Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010.

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The annual rate at which contracts for a home purchase were drawn increased 6.9 percent from one year ago.

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Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years.

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The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month.

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