New home sales rose by nearly 12 percent in December, the highest level since last March, HUD and the Census Bureau reported Wednesday. Despite the improved numbers, however, sales were off from a year ago and 2021 sales fell by more than 7 percent from 2020.
Tag: Odeta Kushi
Housing Starts End Year on Positive Note
Housing starts posted a modest increase in December, HUD and the Census Bureau reported Wednesday, and jumped by nearly 16 percent from a year ago.
December Employment Up 199,000; Unemployment Rate Falls Below 4%
Total nonfarm employment rose by just 199,000 jobs in December, well below consensus expectations, as employers continued to have trouble filling open positions, the Bureau of Labor Statistics reported Friday.
November Pending Home Sales Drop 2.2%
Pending home sales slipped in November, as every region saw monthly declines, the National Association of Realtors reported Wednesday.
November New Home Sales Up 12.4% After Sharp October Revision
HUD and the Census Bureau reported November new single-family home sales jumped by 12.4 percent in October—but only after significantly revising down October numbers.
Milder Weather Boosts November Housing Starts
New residential construction benefited from relatively mild November weather, HUD and the Census Bureau reported Thursday.
November Jobs Up by 210,000; Unemployment Rate Falls to 4.2%
The November employment report followed a recent and inconsistent pattern: employment rose in November, although well below expectations, while the unemployment rate fell sharply, the Bureau of Labor Statistics reported Friday.
October Pending Home Sales Up 7.5%
Pending home sales rebounded strongly in October after declining in September, the National Association of Realtors reported Monday.
October New Home Sales Up 0.4%
New home sales in October rose for the second straight month, albeit just slightly, HUD and the Census Bureau reported Wednesday.
Housing Starts Fall 3rd Straight Month
Housing starts fell for the third straight month in October, HUD and the Census Bureau reported Wednesday, although multifamily starts picked up, as did housing permits.