Housing starts plummeted 10% in May to their lowest level since 2020, the U.S. Census Bureau reported Wednesday.
Tag: Odeta Kushi
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.
New-Home Sales Drop in January, Census Bureau, HUD Report
New single-family homes in January sold at a seasonally adjusted annual rate of 657,000, according to estimates released Feb. 26 by the U.S. Census Bureau and Department of Housing and Urban Development.
Market Predictions for 2025 From First American’s Odeta Kushi
Will 2025 be the year the housing market moves closer to being ‘just right’? As with all things in economics, the answer is ‘it depends.’
First American’s Odeta Kushi: Market Predictions for 2025
Will 2025 be the year the housing market moves closer to being ‘just right’? As with all things in economics, the answer is ‘it depends.’