Winter Catches Up with February Housing Starts

Housing starts fell in February for the second straight month, HUD and the Census Bureau reported yesterday, with winter weather largely the culprit.

February Sees Strong 379K Job Gain

Employers added an impressive 379,000 jobs last month, the Bureau of Labor Statistics reported Friday, welcome news for an economy still struggling with the loss of millions of jobs resulting from the coronavirus pandemic.

2021 New Home Sales Off to Solid Start

The report said sales of new single-family houses in January rose to a seasonally adjusted annual rate of 923,000, 4.3 percent higher than the revised December rate of 885,000 and 19.3 percent higher than a year ago (774,000).

Housing Market Roundup

Here’s a quick-hit summary of several housing and housing finance reports released over the past several days:

Housing Starts Finish 2020 on Strong Note

Housing starts rose for the second straight month in December and finished the year at its strongest pace since 2006, HUD and the Census Bureau reported yesterday.

November New Home Sales Down 11%

Sales of new single-family houses in November fell to a seasonally adjusted annual rate of 841,000, the Census Bureau and HUD reported yesterday. This is 11 percent below the revised October rate of 945,000, but is 20.8 percent higher than a year ago (696,000).