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.
Tag: Odeta Kushi
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.’
First American’s Odeta Kushi: Signs of a Nascent Housing Market Recovery
While the mortgage rate lock-in effect will prevent a full recovery, the journey back to a normal housing market should accelerate in 2025. You can’t buy what’s not for sale – but the shelves are starting to be restocked.
First American’s Odeta Kushi: Signs of a Nascent Housing Market Recovery Emerge
While the mortgage rate lock-in effect will prevent a full recovery, the journey back to a normal housing market should accelerate in 2025. You can’t buy what’s not for sale – but the shelves are starting to be restocked.
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.
BLS: 254,000 Jobs Added in September
The Bureau of Labor Statistics announced 254,000 jobs were added in September, with the unemployment level still relatively flat at 4.1%.
Unemployment Rises to 4.3% in July
Total nonfarm payroll increased by 114,000 in July, per the U.S. Bureau of Labor Statistics. However, the unemployment rate rose to 4.3%.