Construction spending improved slightly in April, by 0.2 percent from March—but below expectations., the Census Bureau reported Wednesday.
Tag: Mark Vitner
April New Home Sales Fall to 2-Year Low
New home sales in April suffered double-digit percentage losses for the second consecutive month, falling to their lowest level since June 2020, HUD and the Census Bureau reported Tuesday.
Existing Home Sales Fall to Near 2-Year Low
Existing home sales fell for the third straight month, the National Association of Realtors reported Thursday, to their lowest level since June 2020.
March New Home Sales Stumble
New home sales took a tumble in March, HUD and the Census Bureau reported Tuesday, hamstrung by the usual suspects: rising interest rates; inadequate inventories and rapidly increasing home prices.
March Existing Home Sales Drop Nearly 3%
Existing home sales fell for the second straight month in March, the National Association of Realtors reported Wednesday, as buying conditions worsened from inadequate housing supply, elevated home prices and rising mortgage interest rates.
Multifamily Gives Positive Edge to March Housing Starts
Housing starts improved slightly in March, thanks to a bump in multifamily starts, HUD and the Census Bureau reported Tuesday.
Home Price Appreciation Shows Few Signs of Easing
If home price appreciation is supposed to ease up this year, it’s showing no such signs so far.
Supply Chain Restraints Hamstring February New Home Sales
February new home sales fell by 2 percent from January as home builders continued to face supply chain bottlenecks, HUD and the Census Bureau reported Wednesday.
February Existing Home Sales Drop 7.2%
Existing home sales continued their yo-yo pattern, falling by 7.2 percent in February amid a stifling lack of inventory, the National Association of Realtors reported Friday.
Housing Starts Give Spring Home Buying Season Early Momentum
These days, is there really a spring home buying season? Especially when every month feels like buyers are knocking down every available door? Even, so, the New Residential Construction report from HUD and the Census Bureau portends what could be an even busier period for the housing market.