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.

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.

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.

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.”

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.”

U.S. Population Growth Continues to Slow

Data released by the U.S. Census Bureau shows 42 states and the District of Columbia had fewer births in 2019 than 2018, while eight states saw a birth increase. With fewer births in recent years and the number of deaths increasing, natural increase (or births minus deaths) has declined steadily over the past decade.

New Home Sales Post Modest November Increase

November sales of new single‐family houses rose by 1.3 percent from October and by nearly 17 percent from a year ago, HUD and the Census Bureau reported yesterday.