Existing home sales fell again in September, marking eight consecutive months of monthly declines, the National Association of Realtors reported Thursday.
Tag: Charlie Dougherty
Housing Market Roundup Oct. 6, 2022
Here’s a summary of recent housing/economic reports that have come across the MBA NewsLink desk:
Construction Spending Posts Biggest Drop in 18 Months
Construction spending fell by 0.7 percent in August, the Commerce Department reported Monday, the second consecutive decline and the biggest drop since February 2021.
Existing Home Sales Down 7th Straight Month
Existing home sales fell in August for the seventh straight month, the National Association of Realtors reported Wednesday, despite more borrowers locking in rates before they went up.
August Housing Starts Rise; Drop in Permits Casts Shadow
The good news: August housing starts beat expectations, rising by more than 12 percent from July. The bad news: housing permits fell just as dramatically, lending uncertainty to an already volatile 2022 housing market.
Construction Posts 6th Straight Monthly Gain
Monthly construction spending started the year strongly, increasing for the sixth consecutive month, the Census Bureau reported Tuesday.
January New Home Sales Down 4.5%
January new home sales fell by 4.5% amid supply chain and inventory shortages, HUD and the Census Bureau reported Thursday.
May Housing Starts Seesaw Back on Track
One step back; one step forward. Housing starts have alternated between up and down during 2021, and in keeping with the pattern, improved in May after declining in April, HUD and the Census Bureau reported Wednesday.