Tag: Census Bureau

February New Home Sales Meet Expectations, Pre-Coronavirus

February new home sales dipped a bit, HUD and the Census Bureau reported yesterday. Sales of new single-family houses came in at a seasonally adjusted annual rate of 765,000, down by 4.4 percent from the revised January rate of 800,000, but 14.3 percent higher than a year ago (669,000).

| By Mike Sorohan

Calm Before the Storm? February Housing Starts Dip 1.5%, Pre-Coronavirus

HUD and the Census Bureau reported privately owned housing starts in February fell slightly to a seasonally adjusted annual rate of 1.599 million—a not discouraging number, analysts said, ahead of the yet-to-be-seen impact of the coronavirus pandemic.

| By Mike Sorohan

Mild January Spurs New Home Sales

Mild January weather led to a strong jump in new home sales, HUD and the Census Bureau reported yesterday.

| By MBA NewsLink Staff

MBA Chart of the Week: Homeownership Rate by Age

The national homeownership rate increased to 65.1% in the final three months of 2019, the first time above 65 percent in seven years. Since bottoming out at 62.9 percent in second quarter 2016, the number of owner-occupied homes has increased by 4.5 million.

| By MBA NewsLink Staff

January Housing Starts Down, But Outlook Good

Housing starts started the year on a down note, HUD and the Census Bureau reported yesterday, but the pace remained solid, analysts said.

| By MBA NewsLink Staff

Encouraging Signs for Black, Latinx Homeownership Rates

After hitting historic lows during the Great Recession, African American homeownership in the U.S. has rebounded promisingly, said Zillow, Seattle, marking what it suggested was “perhaps the start of a recovery.”

| By Mike Sorohan

Encouraging Signs for Black, Latinx Homeownership Rates

After hitting historic lows during the Great Recession, African American homeownership in the U.S. has rebounded promisingly, said Zillow, Seattle, marking what it suggested was “perhaps the start of a recovery.”

| By MBA NewsLink Staff