New home sales in April suffered double-digit percentage losses for the second consecutive month, falling to their lowest level since June 2020, HUD and the Census Bureau reported Tuesday.
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Multifamily Nearly—But Not Quite—Saves April Housing Starts
April housing starts fell by just 0.2 percent from March—no thanks to single-family starts, which fell by more than 7 percent—HUD and the Census Bureau reported Wednesday.
April Inflation Cools Slightly
Inflation fell in April, relatively speaking, the Bureau of Labor Statistics reported Wednesday.
Employment Approaches Pre-Pandemic Levels
U.S. employment rolls increased by more than 425,000 in April, the Bureau of Labor Statistics reported Friday.
Multifamily Gives Positive Edge to March Housing Starts
Housing starts improved slightly in March, thanks to a bump in multifamily starts, HUD and the Census Bureau reported Tuesday.
March Jobs Report Continues Strong Trend
U.S. employers added 431,000 jobs in March, the Bureau of Labor Statistics reported Friday, while the nation’s unemployment rate fell to 3.6 percent.
Pending Home Sales Down 4th Straight Month
Pending home sales slipped again in February, marking four consecutive monthly declines, the National Association of Realtors reported Friday.
Supply Chain Restraints Hamstring February New Home Sales
February new home sales fell by 2 percent from January as home builders continued to face supply chain bottlenecks, HUD and the Census Bureau reported Wednesday.
Housing Starts Give Spring Home Buying Season Early Momentum
These days, is there really a spring home buying season? Especially when every month feels like buyers are knocking down every available door? Even, so, the New Residential Construction report from HUD and the Census Bureau portends what could be an even busier period for the housing market.
Fed Approves 1st Rate Hike in 4 Years
The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time since 2018, marking a new approach to rising inflation and other economic pressures.