Not every housing boom ends in a housing bust, First American Deputy Chief Economist Odeta Kushi writes.
Tag: Odeta Kushi
Single-Family Housing Starts Dip; Multifamily Starts Jump
Housing starts ticked upward in June, driven by a sharp jump in multifamily starts as single-family starts fell compared to May.
Incentives, Inventory and the Tale of Two Housing Markets
Odeta Kushi, deputy chief economist at First American, looks at new home sales compared to existing home sales.
Housing Starts Plummet to Five-Year Low
Housing starts plummeted 10% in May to their lowest level since 2020, the U.S. Census Bureau reported Wednesday.
Peak Homebody Era is Pummeling the Housing Market
There is a strong relationship between the median length of time people stay in their home and sales activity, First American’s Odeta Kushi writes.
Pending Home Sales Decline in April
Pending home sales plunged 6.3% in April, the National Association of Realtors reported Thursday.
Pending Home Sales Jump
Pending home sales jumped 6.1% in March–the greatest month-to-month increase since late 2023–the National Association of Realtors reported.
March Housing Starts Fall From February
Privately-owned housing starts for March were at a seasonally adjusted annual rate of 1,324,000, the Census Bureau reported. That’s 11.4% below February’s revised estimate of 1,494,000.
How Would a Recession Impact Existing-Home Sales?
Recessions don’t always mean falling home sales–the housing market has remained resilient in many past downturns. But every recession is different, First American deputy chief economist Odeta Kushi writes.
Housing Starts Rebound in February
Housing starts rebounded strongly in February, the Census Bureau reported Tuesday.