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.

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.

Housing Starts Fall in November

Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000, 1.8% below the revised October estimate, the Census Bureau and HUD announced Wednesday.

New Home Sales Fall in October, Census Bureau Reports

The U.S. Census Bureau and U.S. Department of Housing and Urban Development released residential sales statistics for October 2024, finding that sales for the month were at a seasonally adjusted annual rate of 610,000.

October Housing Starts Fall

Privately-owned housing starts were at a seasonally adjusted annual rate of 1,311,000, the U.S. Census Bureau and U.S. Department of Housing and Urban Development jointly announced Nov. 19.