Tuesday, April 24, 2012

Housing market rebound

  • NEW YORK, April 24 (Reuters) - The U.S. housing market is likely to remain weak and may take a generation or more to rebound, Yale economics professor Robert Shiller told Reuters Insider on Tuesday.
  • (Huffington Post)
  • NEW YORK (Reuters) - The Housing market is likely to remain weak and may take a generation or more to rebound, Yale economics professor Robert Shiller told Reuters Insider on Tuesday.
  • (msnbc.com)
  • Stocks rose in the U.S. and Europe, rebounding from yesterday's worldwide retreat, amid better-than- estimated earnings and data indicating the American housing market is stabilizing.
  • (Bloomberg)
  • NEW YORK (Reuters) - The housing market is seeing hints of stabilization even as California Maybe no housing rebound for a generation: Shiller It was the first time prices have risen since April 2011.
  • (Chicago Tribune)
  • LONDON (MarketWatch) — European stock markets rallied in a volatile session Tuesday after a mixed bag of U.S. housing and confidence data, as gains for London- and Paris-listed banks boosted equity indexes.
  • (Marketwatch)
  • The Massachusetts housing market is in the midst of a quiet rebound.
  • (Boston Globe)
  • Home prices in 20 U.S. cities dropped at a slower pace in the year ended February, pointing to stabilization in the real-estate market.
  • (Bloomberg)
  • The nations housing market, however, is far from a robust rebound. The index is 19.4% below its peak in April 2007 and around the same level as in January 2004. Prices in January, meanwhile, were down 0.5% from a month earlier.
  • (NASDAQ)
  • But January's month-on-month numbers were revised downwards to a 0.1 per cent fall, indicating the precarious nature of the housing market recovery little prospect of a significant and sustained rebound.
  • (Financial Times)
  • continued weakness in the housing market are dampening prospects for a housing recovery this year. Homebuilder shares rallied strongly late last year and earlier this year in anticipation of a rebound. But the market has struggled to gain momentum.
  • (msnbc.com)

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