Existing-home sales were on the upswing in February, according to a National Association of Realtors report published on Thursday. The sale of existing single-family homes, townhomes, condominiums and co-ops declined 3.3 percent year-over-year from 4.5… Continue reading
Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released Tuesday by the U.S. Census Bureau. Continue reading
The Consumer Price Index rose 0.1 percent between October and November and was 3.1 percent higher than a year earlier, suggesting interest rates will hold steady at this week’s Federal Reserve meeting. Continue reading
Housing costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison. Continue reading
The Case-Schiller index posted a 7.7 percent annual gain in home prices — down from a 9.2 percent gain in October — while the FHFA index showed a 0.1 percent decline in prices between October and November. Continue reading
New-home sales rose 5.8 percent to a seasonally adjusted rate of 640,000, according to data released Friday by the U.S. Census Bureau and Department of Housing and Urban Development. Continue reading
All-items inflation rose 7.7 percent in October — down from September’s 8.2 percent. Although its welcome news, housing economists say it’ll take until 2023 for homebuyers to see the savings. Continue reading