Housing Market Potential Narrows Performance Gap in April, According to First American Potential Home Sales Model

actual existing-home sales are 2.3 percent below the market’s potential, narrowing the gap from last month, according to our Potential Home Sales model," said Mark Fleming, chief economist at.

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Housing Market Potential Narrows Performance Gap in April, According to First American Potential Home Sales Model SANTA ANA, Calif. -The keys to closing the performance gap lie in where mortgage rates go from here and how existing homeowners resolve the dilemma to sell or not to sell, says Chief Economist Mark Fleming-

Housing Market Potential Narrows Performance Gap in April, According to First American Potential Home Sales Model May 20, 2019 – Business Wire First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released First American’s.

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The market for existing-home sales is underperforming its potential by 1.3 percent or an estimated 68,000 (SAAR) sales. The market performance gap decreased by an estimated 37,000 (SAAR) sales between March 2019 and April 2019. Chief Economist Analysis: Why Did Housing Market Potential Improve in.

The Impact of Rising Rates on Housing Market Potential, According to First American Potential Home Sales Model By Published: Feb. Housing Market Performance Gap Narrows, but Remains Below.

Potential existing-home sales showed a slight increase in April to a seasonally adjusted annualized rate (SAAR) of 0.1% from March, according to the First American Financial Corporation Potential.

FAF First American Financial Corporation daily Stock Chart.. According to First American Potential Home Sales Model Business Wire. 12:30PM, Housing Market Potential Narrows Performance Gap in April, According to First American .

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The Impact of Rising Rates on Housing Market Potential, According to First American Potential Home Sales Model -"There are a variety of reasons why people buy homes that are completely.

"Our Potential Home Sales model forecasts what the market potential for home sales should be given current economic, demographic, and housing market environments. Potential home sales, while currently at a level of 6.1 million SAAR, are expected to reach an estimated 6.29 million SAAR by the end of 2019, despite a rising rate environment.

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In April, potential existing-home sales increased 0.1% from the previous month, improvement gap, according to First American's Potential Home Sales Model. ” The housing market continued to underperform its potential in April 2019, but the performance gap shrank compared with March,” First American.