March new home sales jumped by nearly 10 percent from February, HUD and the Census Bureau reported Tuesday, as home buyers turned away from existing home sales.
Tag: Census Bureau
March Housing Starts Down 1%; Single-Family Starts, Permits, Completions Up
Housing starts fell by 0.8 percent in March, the Census Bureau and HUD reported Tuesday, although single-family starts, permits and completions all rose amid growing home builder sentiment.
MBA Chart of the Week, Apr. 14, 2023: Number of Homes Available for Sale
MBA’s forecast calls for a gradual recovery in home purchase activity in the second half of 2023, driven by some catch-up buying from 2022 when mortgage rates surged and by younger age cohorts entering homeownership. However, this recovery will be dependent on affordability conditions improving
Construction Spending Dips in February
The Census Bureau on Monday reported construction spending in February dipped to a seasonally adjusted rate of $1,844.1 billion, 0.1 percent below the revised January estimate of $1,845.4 billion. The …
February New Home Sales Rise, But Revisions Put Damper on Report
New home sales improved in February, HUD and the Census Bureau reported Thursday, the third straight monthly increase, but only because of downward revisions to previous months.
February Housing Starts Up Nearly 10%
February housing starts, permits and completions posted near double-digit percentage increases, ending five months of declines, HUD and the Census Bureau reported Thursday.
January Construction Spending Down 0.1%
Construction spending in January fell slightly to a seasonally adjusted annual rate of $1,825.7, the Census Bureau reported Wednesday, marking the eighth straight monthly overall decline.
New Home Sales Start New Year on Strong Note
January new home sales offered good news for an industry starved of good news as of late.
Housing Starts Down 5th Straight Month
Housing starts fell in January, HUD and the Census Bureau reported Thursday, marking the fifth straight monthly drop, the longest streak of declines since 2009.
December Construction Spending Down 0.4%
The Census Bureau on Wednesday said December construction spending fell by 0.4 percent, with overall residential spending falling for the seventh straight month.