Vero Beach new home sales fell for a second straight month in July, but a surge in the stock of properties on the market and a moderation in price increases should help to stimulate demand in the months ahead. Other data released recently showed activity in the vast services sectors slowed again in August. The reports, however, did little to […]
Growth of Vero Beach Home Prices Slows for July 2014
The growth of Vero Beach home prices, both the quarter-over-quarter and year-over-year, are lower than they were 12 months ago, but wages are not keeping up. This word according to data released from Trulia for July 2014. The month-over-month increase in asking Vero Beach home prices of 0.8% was in line with the average monthly gain over the past year, […]
Vero Beach Housing Expected to Soar in 2015
With so many economists and analysts trying to spell gloom and doom for the future of Vero Beach housing, Altos Research is saying otherwise. Altos is saying that housing recovery critics are wrong about Vero Beach housing. According to Altos, it's going to soar in 2015. "While we see signs of demand easing, we are significantly more bullish on housing […]
Housing Starts and Permits Decline in June
Housing starts and building permits in the U.S. unexpectedly fell in June, suggesting the housing market recovery was struggling to get back on track after stalling in late 2013. The Commerce Department reports groundbreaking declined 9.3 percent to a seasonally adjusted annual 893,000 million unit-pace, the lowest since September. For more Vero Beach real estate news, click the Vero Beach […]
Vero Beach Housing Recovery Continues Making Progress
The Vero Beach housing recovery is continuing to move in a positive direction, but more work needs to be done to help the economy fully recover. The Obama administration said in its June housing scorecard, which is a comprehensive report on the nation's housing market prepared by U.S. Department of Housing and Urban Development and the U.S. Department of the […]