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Stock impact report

House Price Appreciation May Not Lift Market Potential, According to First American Potential Home Sales Model

First American Corporation (New) (FAF) 
Last first american corporation (new) earnings: 4/23 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.firstam.com
Company Research Source: Business Wire
—You can’t buy what’s not for sale, even if you can afford it, and why move out if you must move ‘down’ or pay more to move up, says Chief Economist Mark Fleming— SANTA ANA, Calif.--(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 proprietary Potential Home Sales Model for the month of September 2021. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals.September 2021 Potential Home Sales1For the month of September, First American updated its proprietary Potential Home Sales Model to show that:Potential existing-home sales increased to a 6.24 million seasonally adjusted annualized rate (SAAR), a 0.4 percent month-over-month increase.This represents a 79.1 percent increase from the market potential low point reached i Show less Read more
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