Pending Home Sales Unexpectedly Fell in September as House Affordability Declined
The Biden administration’s housing policies are failing to increase home affordability.
homes - Page 2
Construction of Single-Family Houses Fell Again in August
Apartment construction picked up in August but single-family house construction dipped.
Pending Home Sales Unexpected Fell in July as Americans Balked at High Prices
Contracts to purchase previously owned U.S. homes fell for the second straight month in July, the latest sign that economic activity slowed mid-summer as the Delta variant ramped up the rate of coronavirus infections and inflation pumped up prices. The
Prices Soar as Low Inventory Weighs on Existing Home Sales
The median price of existing homes sold in the U.S. hit a record high in March even while sales volumes fell below expectations.
Single Family Construction Spending Defies Gravity, Rises Even Amid Broad Dip
Compared with a year ago, the private sector spent 20.6 percent more on single-family construction in February.
Pending Home Sales Plunged More Than 10% in February
A record low supply of homes took a big bite out of home sales in February.
U.S. Home Prices Rise at Fastest Pace in 15 Years
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering the entire U.S., reported an 11.2 percent annual gain in January, up from 10.4 percent in the previous month. That is the fastest pace for home prices since 2006, the peak of the housing bubble.
New Homes Sales Tumble More Than Expected
Economists had expected sales to cool to 875,000 from the hotter than expected 923,000 in January.
U.S. Home Sales Dropped 6.6% as Supply Shrank
Total existing-home sales dropped 6.6 percent from January to a seasonally-adjusted annual rate of 6.22 million, the National Association of Realtors reported Monday. This followed two months of higher sales.
Homebuyer Demand For Mortgages Jumps 28% Over Last Year
A huge surge in homebuying is feeding demand for purchase mortgages.
Flight from the Cities: Single Family Home Construction Jumps 5.6% in October
U.S. construction spending jumped by more than expected in October, driven higher by demand for single family homes.
Flight from the Cities: Construction Spending Surges Higher, Led by Single Family Homes
Spending on single family homes jumped 5.5 percent in August while spending on aparment buildings and office buildings fell.
Flight from the Cities: New Homes Sales Surge to 14-Year High
Sales of newly built homes surged to their highest level since 2006 in August. The Census Bureau reported Thursday that sales of new single-family homes hit a seasonally adjusted, annualized rate of 1.011 million. This was well above expectations for
Flight From the Cities: Existing Homes Sales Jump to 14-Year High
Home prices are soaring as demand outpaces supply.
Flight from the Cities: Home Builder Confidence Hits All-Time High
The great rush for homes is making this the best market ever for builders.
Flight from the Cities: Homebuyer Mortgages Up 28% From Last Year
Demand for homes outside of major city centers has exploded higher this summer.
Homeless Veteran Receives Remodeled, Refurbished Home
A homeless veteran and his family recently received the keys to a refurbished, remodeled home in Lawton, Oklahoma.
Flight from the Cities: Zillow Stock Soars as Sales and Earnings Beat Wall Street’s Expectations
“The changing needs of our homes has served as a catalyst for the pent up inherent demand in peoples’ desire to move,” Zillow’s CEO said.
Flight from the Cities: Existing Home Sales Soar Nearly 21%—A Record Shattering Monthly Jump
Existing-home sales grew at a record pace in June, a huge rebound after three straight months of sales declines caused by the ongoing pandemic.
Flight From the Cities: Housing Starts Jump 17.3% in June to 1.9 Million
More evidence of the flight to the suburbs after lockdowns, riots, defund the police protests, school closings, and surging crime
Purchase Mortgage Applications Crash 24 Percent Annually
Buying a home is hard to do in ‘stay at home’ America. Refinancing applications, however, soared on lower interest rates.
Homebuilding Soars to 13-Year High
December saw a huge and unexpected boom in homebuilding.
Sales of New Homes Rip Higher
In a big sign of economic confidence, Americans went on a home buying spree in September and October.
Housing Permits Surge to 12 Year High, Starts Rebound
Both permits and housing starts showed strong signs of a solid recovery in October.
Almost 13K Homes in Bahamas Destroyed, Damaged by Hurricane Dorian
As many as 13,000 homes have been severely damaged or destroyed by Hurricane Dorian in the Bahamas, according to recent reports.
Homebuilder Sentiment Unexpectedly Crashes to Lowest Level in Two Years
A warning flare just went up from homebuilders.
Food Stamp Households Drop Below 20 Million for First Time Since 2010
The number of households on food stamps has dipped below 20 million for the first time in eight years, according to the latest data released by the U.S. Department of Agriculture (USDA).
