July Construction Spending Tapers

Construction spending fell in July, marking the second consecutive monthly drop, the Census Bureau reported Thursday.

Home Price Reports: ‘Deceleration’ is Key Word

The S&P CoreLogic Case-Shiller Indices reported an 18 percent annual gain in June, still hot but well off the 19.9 percent pace in May. And the Federal Housing Finance Agency also reported deceleration in June, to 17 percent.

July New Home Sales at 6-1/2 Year Low; Price Growth Decelerates

New home sales fell to their slowest pace in six and a half years, while inventories stockpiled, HUD and the Census Bureau reported Tuesday. In a separate report, RE/MAX, Denver, said median home sales prices fell for the first time since January

Existing Home Sales Fall to 2-Year Low

Existing home sales fell under five million annually for the first time in more than two years, marking the sixth consecutive monthly decrease, the National Association of Realtors reported Thursday.

July Housing Starts Take Sharp Hit

It already hasn’t been a good week for housing. On Monday, the National Association of Home Builders reported its Housing Market Index fell for the eighth straight month to two-year low. And on Tuesday, HUD and the Census Bureau reported housing starts fell in July by nearly double digits to its slowest pace since 2020.

Builder Confidence Turns Negative After 8th Straight Monthly Drop

Home builder confidence has turned into downright pessimism. The National Association of Home Builders/Wells Fargo Housing Market Index fell in August for the eighth straight month to its lowest level in more than two years.

June Construction Spending Down; Manufacturing Slows

Construction spending in June fell by more than 1 percent from May, the Census Bureau reported Monday. In a separate report, Institute for Supply Management, Tempe, Ariz., said its Manufacturing Index fell by 0.2 percent to a nearly two-year low.

May New Home Sales Jump 11%

May new home sales proved to be a solitary bright spot in a month of otherwise disappointing housing reports, rising by nearly 11 percent from April, HUD and the Census Bureau reported Friday.

May Housing Starts Plunge Amid Market Volatility

Housing starts fell sharply in May, HUD and the Census Bureau reported Thursday, as continued market volatility and higher interest rates took a toll on both consumers and home builders.