Posts Tagged ‘ Real Estate ’
News yesterday that housing starts jumped 10.5% to a four month high provided some hope that the National Bureau of Economic Research’s pronouncement that the recession was so 2009, may in fact, have some validity. We’ve been following the online component to real estate industry activity, our Business – Real Estate category. In the chart [...][ READ MORE ]
Canadian internet searches for properties for rent searches (e.g. variations of ‘apartments for rent’, ‘houses for rent’, ‘maison a louer’) experienced a sharp increase over the past year, with a 158.2% increase in the first quarter of the year and 150.2% year over year (comparing Q1 2010 with Q4 2009 and Q1 2009). The increase [...][ READ MORE ]
Media coverage of the US housing market of late rarely has much good news except for a recent uptick in the Case Shiller Index thought to be a potential sign of stabilization for the housing market. Unfortunately, other data points offer a bleaker outlook, with strategic defaults of mortgages on the rise and an estimated [...][ READ MORE ]
Google has entered the real estate listings business by allowing users to find property listings on Google Maps. Searchers are still offered the usual business listings but are now also offered the option to see property listings as well. The listings include some basic filtering and the ability to save and share the results. What [...][ READ MORE ]
Last months release of April real estate figures indicates an uptick in the market. Existing home sales of 4.68MM for April were up 2.9% compared to March. New home sales registered a very slight increase of .2% or 352,000 new homes for the month. Even though housing starts were down a dismal 12.8%, when you [...][ READ MORE ]
Yesterday, a WSJ article discussed the increased competition that home builders now face from the increased number of homes in foreclosure in the US. Now used homes are for sale along side new ones in many neighborhoods and in many cases buyers are considering the foreclosed homes as a less expensive option. With the number [...][ READ MORE ]
From our ABCNews Blog: Last week’s report on existing home sales by the National Association of Realtors (NAR), revealing a 2.6 percent decline from May, added to the pile of sobering news about the housing market and the economy. Here at Hitwise, we have found, in the past, that Internet activity around home purchase decisions [...][ READ MORE ]
The commerce department released housing starts for February 2007 today, reporting that starts unexpectedly rebounded 9% from the previous month, after a 9 year low. Pouring a little cold water on the news, the Commerce department also reported that housing permits (a leading indicator to starts) were down 2.5% for February. Lets take at look [...][ READ MORE ]
John Battelle’s post here alerted me to Google’s push in the real estate space. As a search engine, Google plays a dominant role as the #1 source of traffic to the Hitwise U.S. Real Estate category (1,825 sites), providing close to 16% of all traffic to the category (up from 13% a year ago). This [...][ READ MORE ]
Today at 10:00am ET, the National Association of Realtors will release September’s existing home sales numbers. Last month, I predicted a change of direction in housing sales based on a pattern we have noticed in the query “homes for sale.” While August sales continued to fall, the decrease was only .5% versus the 2.5% mean [...][ READ MORE ]
