FYI: Our monthly Bespoke Consumer Pulse survey of 1,500 US consumers (a statistically significant sampling of the US population) has a big section on the housing sector. In this section, we're able to track both present and projected home sales, trends in rent costs and mortgage payments/delinquencies, refis, new constructions, building permits, and even home improvement spending. Below are a few stats from our recently-published January Pulse survey report to give you a better picture of the housing market.
We asked all respondents who own a home to select when they purchased their home. As displayed below, more than a quarter of respondents purchased their home 16+ year ago, while two-thirds purchased their homes 6+ years ago. 6.0% of respondents purchased their home during the past year, continuing to trend lower. Similar to home ownership rates, this series tends to vary around trend quite significantly. In the second chart below, we track the percentage of home owners who purchased their home during the past three months and the past year. Purchases within both the past month and past year are continuing to edge off recent highs
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2015/2/9/housing-data-cold-in-january.html?printerFriendly=true
