The growth in the housing industry came to a sudden end in February as housing starts fell 10.3% month over month to 1.4 million and permits fell 10.8% to just under 1.7 million, according to government data released on Wednesday. … READ MORE >
CHART OF THE DAY: New home sales continue to rise
Sales of new homes in January increased by 4.3% month over month, exceeding expectations and climbing to a seasonally adjusted annual rate of 923,000, the Commerce Department reported on Wednesday. … READ MORE >
CHART OF THE DAY: New home sales bounce back
New home sales bounced back to 842,000 in December, representing a 1.8% increase over the previous month, the Commerce Department reported on Thursday. … READ MORE >
CHART OF THE DAY: Housing activity continues to surge
Housing starts rose by 5.8% to an annualized rate of 1.67 million in December, ending the year as one of the strongest in a decade. And housing permits, an indicator of future activity, increased as well, by 4.5% to an annualized rate of 1.7 million in December. … READ MORE >
CHART OF THE DAY: Homes for the holidays
Nine months into the pandemic, demand for single-family homes, buoyed by historically low interest rates, continues to soar. Confidence among builders remains high, with the National Association of Home Builders index coming in at 86 for December. … READ MORE >
CHART OF THE DAY: Existing home sales climb, further depleting inventory
Existing home sales increased to a seasonally adjusted annual rate of 6.85 million in October, representing a 4.3% increase month over month and the highest level since February 2006, according to data released Thursday by the National Association of Realtors. … READ MORE >
CHART OF THE DAY: Homebuilder confidence reaches all-time high
Confidence among homebuilders reached all all-time high in November as buyers looking for more room to live and work continued to enter the market, according to the National Association of Homebuilders Housing Market Index released on Wednesday. … READ MORE >
CHART OF THE DAY: New home sales cool as inventory remains limited
New single-family home sales dropped 3.5% month over month as the robust market began to cool heading into the fall months. … READ MORE >
CHART OF THE DAY: As housing market heats up, inventory shrivels
Existing home sales in August topped 6 million for the first time since 2006 as big-city renters continued to flock to the suburbs for more space, including a home office and a yard to accommodate their new normal. … READ MORE >
CHART OF THE DAY: Housing starts decline 5.1%
Housing starts declined 5.1% month over month in August, while forward-looking building permits held steady with a slight decline of .9%, the Commerce Department reported on Thursday. … READ MORE >