Pending home sales slid for the sixth consecutive month in November, the National Association of Realtors reported Wednesday, to their second-lowest monthly reading in 20 years.
Tag: Odeta Kushi
November New Home Sales Up 5.8%
New home sales beat expectations in November, HUD and the Census Bureau reported over the holiday season, rising by nearly 6 percent from October.
November Housing Starts Down Slightly; Permits Plunge
Housing starts fell in November but beat expectations, the Census Bureau and HUD reported Tuesday. The news, however, came in building permits, which fell sharply from both October and a year ago.
Employment Holds Steady, Slowing Slightly
November employment numbers slowed slightly from October, the Bureau of Labor Statistics reported Friday.
October Pending Home Sales Down 4.6%
Pending home sales slid for the fifth consecutive month in October, the National Association of Realtors reported Wednesday. Three of four U.S. regions recorded month-over-month decreases, and all four regions recorded year-over-year declines in transactions.
October New Home Sales Beat Expectations
October new home sales rose by 7.5 percent from September, beating consensus expectations, the Census Bureau and HUD reported Wednesday.
October Housing Starts Down 4.2%
Housing starts fell in October—the third straight monthly decline—but generally beat analysts’ expectations, HUD and the Census Bureau reported Thursday.
Employers Add 261,000 October Jobs; Unemployment Rate Rises
The Bureau of Labor Statistics on Friday reported employers added 261,000 jobs in October; meanwhile, the unemployment rate ticked up to 3.7 percent.
Fed Raises Rate to 15-Year High
The Federal Open Market Committee, as expected, raised the federal funds rate by 75 basis points on Wednesday to its highest level since 2008.
September Housing Starts Down 8%
September housing starts took back the temporary momentum it gained in August, falling by more than 8 percent, HUD and the Census Bureau reported Wednesday.