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

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Chief Economist Analysis: Housing Market Performance Gap Narrows, but Remains Below Potential "In January, the market potential for existing-home sales increased to a 6.1 million seasonally adjusted annualized rate (SAAR), a 0.4 percent month-over-month increase, and a gain of 210,000 (SAAR) sales from January 2017," said Mark Fleming.

Actual existing-home sales remain 1.3% below the market’s potential, but the performance gap narrowed from 2.0% last month, according to our potential home sales model," said Mark Fleming.

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.

Actual existing-home sales are 0.2 percent above the market’s current potential, according to our Potential Home Sales model," said Mark Fleming, chief economist at First American.

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First american financial corporation faf, -0.21%, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released First American’s.

Market Performance. 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.

housing market potential narrows performance Gap in April, According to First American Potential Home Sales model housing market potential Narrows Performance Gap in April. – Actual existing-home sales remain 1.3 percent below the market’s potential, but the performance gap narrowed from 2.0 percent last month, according to our potential.

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

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-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- SANTA ANA,

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 proprietary Potential Home Sales Model for the month of January 2018.. Chief Economist Analysis: Housing Market Performance Gap Narrows, but Remains Below Potential