Posts filed under “Real Estate”

Global House Price Index

Home sales, at least in the U.S., seem to be rising. Existing home sales in June increased to 5.04 million annualized. That number may be affected by the weather, as June sales most likely come from contracts signed after the depths of winter.

To find out if this is a global improvement, we can take a look at the International Monetary Fund’s Global House Price Index. Its data and lovely infographics give us a few interesting things to digest. (You can also use the BIS data or OECD statistics).

The first chart shows the annual percentage change in housing prices. The U.S. is 10th, and housing prices in the country are still far below (35 percent, or so) their 2006 peak.

Continues here

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Category: Data Analysis, Digital Media, Real Estate

Home Builders Cant Find Workers? Try a Pay Raise!

Source: Morning Market Tidbits, BofA Merrill Lynch   Wage growth for construction workers is historically low; Let’s see if we can figure out why: First, home production has been relatively slow, which should be expected following a long period of overbuilding. That was the excuse from 2007 to 2010. Eight years after home building volume…Read More

Category: Real Estate, Wages & Income

Hudson Yards Construction Site: Massive Changes to NYC

New York City’s Lower West Side is in the midst of a massive transformation. In about 10 years, Hudson Yards will be home to thousands of apartments, a hundred shops, a school, and 14 acres of public space. Bloomberg’s Betty Liu had a chance to walk through the site with the man behind the project

Inside NYC’s Massive Hudson Yards Construction Site

Source: Bloomberg, July 14 2014

Category: Real Estate, Video

Category: Federal Reserve, Real Estate, Think Tank, Wages & Income

Is It Better to Buy or Rent?

Click for an interactive calculator. Source: The Upshot

Category: Digital Media, Real Estate, Research

Post Peak, Post Bottom CS Housing Numbers

Source: Bespoke Investment Group     I love these two charts – they are so instructive in so many ways. They really invite closer study as to why some cities have recovered so strongly, and why others have failed to. The first 4 cities in the % from Bubble peaks are Las Vegas, Phoenix, Miami,…Read More

Category: Data Analysis, Real Estate

Vanity Height

Source: Council on Tall Buildings and Urban Habitat

Category: Real Estate, Research

Tallest Deepest Longest Manmade Structures

click for complete ginormous graphic
big and tall

 

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Category: Digital Media, Real Estate, Technology

Manhattan and Brooklyn Rents Continue to Rise

click for ginormous graphic Source: Miler Matrix     Okay, that ought to be enough real estate for a while . . .

Category: Digital Media, Real Estate

The Slowdown in Existing Home Sales

The Slowdown in Existing Home Sales FRBSF Economic Letter 2014-15 May 19, 2014 John Krainer     Sales of existing homes slowed noticeably over the second half of 2013, reflecting a more drawn-out recovery than expected for housing markets. A main reason for the slowdown is higher mortgage rates that have made financing more costly…Read More

Category: Real Estate, Think Tank