Housing Price Recovery Rolls On, Surely Leading Us Toward Our Imminent Doom

A nice improvement in single-family housing prices this February according to new data this morning.

Anyone who has even a remote connection with the outside world knew that this was happening. The real estate market where I live has been acting as though someone flipped a switch on January 1st – there are bidding wars for homes and sellers are entertaining all-cash offers, in some cases only accepting buyers who are willing to forgo an inspection!

Since market pundits have made it clear that multi-family home improvements mean nothing and single-family is all we should care about, here’s the report via Reuters:

Single-family home prices rose more than expected in February, posting their best annual rise since May 2006 in a fresh sign the housing recovery remains on track, a closely watched survey showed on Tuesday.

The S&P/Case Shiller composite index of 20 metropolitan areas gained 1.2 percent on a seasonally adjusted basis compared to January, topping forecasts for 0.9 percent.

Carry on.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. text transitions video star qr commented on Sep 15

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  2. The Natural Penguin commented on Sep 22

    … [Trackback]

    […] Here you can find 21930 additional Information on that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  3. blazingtraderapp.com commented on Sep 26

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  4. the project wealth loophole commented on Sep 30

    … [Trackback]

    […] There you will find 66188 more Information on that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  5. Top Agency Hong Kong commented on Oct 10

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  6. robotic testing commented on Nov 12

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  7. rbc royal bank online banking commented on Nov 27

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  8. click here commented on Nov 30

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  9. Buy Cheap Generic Ativan Lorazepam commented on Dec 10

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  10. 토토검증 commented on Dec 22

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  11. cbdistilery commented on Dec 22

    … [Trackback]

    […] Find More Information here to that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  12. Research commented on Jan 05

    … [Trackback]

    […] Here you can find 96791 more Information on that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]

  13. Craftsman 83121 manuals commented on Jan 20

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2013/04/30/housing-price-recovery-rolls-on-surely-leading-us-toward-our-imminent-doom/ […]