Altos Research June 2010 Housing Report: Supply up, Prices down

July 19, 2010

by Scott Sambucci

8 comments

The Altos Research June 2010 Real-time Housing Report is published and available for download.  (It’s free to register and download.)

Couple of the highlights (or low-lights depending on your perspective…):

  • Listed property inventory jumped in 25 of 26 markets tracked.
  • Housing demand has declined as a result of the end of the federal government’s tax credit, inventory is climbing and the effect on prices appears to just begun.
  • Prices – which had shown sequential monthly declines for the past nine months – posted a positive reading during May but was unable to sustain the monthly increase in June.

Need to know more about the Housing Market?

Register to attend our hosted webinar on Thursday, July 29 at 4:30pm EDT. We’ll be examining the national real estate market trends that you can’t get anywhere else.   If you’d like to be notified via email about hosted events and webinars, register to receive the Real-time Housing Report and you’ll be added to our notification list for future events.

Shameless Plug Alert

As always, our housing market data is updated every Monday to reflect market activity from Friday.  While the June 2010 report covers market trends through June 25, our clients are already employing an additional four weeks data of over 400 market stats and leading indicators for 6-, 12-, and 24-month housing market forecasting. And guess what? You’d be surprised by trend changes in just the past four months.

Just send a note (info@altosresearch.com) or give us a call (888-819-7775 ext. 3) if you’d like to learn more about our Housing Market & Data Analytics Platform. C’mon – what’d you expect?  The really good stuff ain’t free you know…

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