Sales of new single-family houses rose 0.6% during June to a seasonally-adjusted annual rate of 627,000, the U.S. Census Bureau and HUD reported Thursday.
Tag: Wells Fargo Economics
Single-Family Housing Starts Dip; Multifamily Starts Jump
Housing starts ticked upward in June, driven by a sharp jump in multifamily starts as single-family starts fell compared to May.
Construction Spending Weakens
Construction spending dipped in May for the seventh straight month, the U.S. Commerce Department reported Tuesday.
Existing-Home Sales Recede
Existing-home sales slid in March, the National Association of Realtors reported.
New Home Sales Jump in March
New home sales jumped 7.4% in March compared to February, the Census Bureau and HUD reported Wednesday.
Construction Spending Holding Steady
November’s construction spending was virtually unchanged from the month before at a seasonally adjusted annual rate of $2,152.6 billion, the U.S. Census Bureau reported.
New Home Sales Drop 11% in May
New home sales fell significantly in May–to the weakest pace since late 2023, the U.S. census Bureau reported yesterday.
New Home Sales Reach Strongest Pace Since September
Sales of new single‐family houses increased 8.8% in March to a seasonally adjusted annual rate of 693,000, according to the U.S. Census Bureau and HUD.
Construction Spending Picks Up
The U.S. Census Bureau estimated December 2023 construction spending increased 0.9% in December to a seasonally adjusted annual rate of $2,096.0 billion.
Inflation Increases Slightly in December
The headline inflation rate increased modestly during December, the Bureau of Labor Statistics reported Thursday.