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.
Tag: Odeta Kushi
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%.
Odeta Kushi From First American: The Tale of Two Markets Continues…For Now
Even with more existing-home inventory on the market than last year, today’s potential home buyers face one of the least affordable markets in history due to record-high and still-rising home prices and elevated mortgage rates.
Pending Home Sales Drop Again in May
Pending home sales slipped 2.1% in May, the National Association of Realtors reported Thursday.
Odeta Kushi from First American: Twin Market Dynamics Stifling Existing-Home Sales
The housing market is struggling to gain momentum with mortgage rates above their levels from a year ago. Higher rates have a dual impact on sales – pricing out buyers who lose purchasing power and keeping some potential sellers rate-locked in.
Odeta Kushi from First American: Twin Market Dynamics Continue to Stifle Existing-Home Sales
The housing market is struggling to gain momentum with mortgage rates above their levels from a year ago. Higher rates have a dual impact on sales – pricing out buyers who lose purchasing power and keeping some potential sellers rate-locked in.
First American’s Odeta Kushi: Twin Market Dynamics Continue to Stifle Existing-Home Sales
The housing market is struggling to gain momentum with mortgage rates above their levels from a year ago. Higher rates have a dual impact on sales – pricing out buyers who lose purchasing power and keeping some potential sellers rate-locked in.