October Existing Home Sales Stay Strong

Existing home sales continued to trend upward in October, marking five consecutive months of month-over-month gains, the National Association of Realtors reported yesterday.

Housing Starts Continue to Ramp Up

The October housing starts report from HUD and the Census Bureau shows home builders continue to respond to consumers’ seemingly insatiable demand for new housing.

Builder Confidence Sets 3rd Straight Record

For home builders, the bright spots are only getting brighter. The National Association of Home Builders said its monthly index builder confidence set its third straight record in November.

Employers Add 638,000 Jobs; Unemployment Remains Elevated

The economy continued its high-low pattern in Friday’s employment report from the Bureau of Labor Statistics. While total nonfarm payroll employment rose by a strong 638,000 in October, and the unemployment rate fell to 6.9 percent, both numbers reflect the devastating economic effects of the coronavirus pandemic.

September Existing Home Sales Soar to 14-Year High

Existing home sales jumped for the fourth consecutive month in September, the National Association of Realtors reported yesterday, reaching their highest level since 2006.

August New Home Sales Continue Summer Surge

New home sales topped the one million mark, seasonally adjusted, in August for the first time since 2006, HUD and the Census Bureau reported yesterday.

August Existing Home Sales at 14-Year High

Existing home sales reached their highest level since before the Great Recession, the National Association of Realtors reported yesterday.