Tag Archives: Census Bureau

Housing starts plunge to 3-year low

By | | Uncategorized
Comments Off on Housing starts plunge to 3-year low

In August, housing starts hit their lowest level since June 2020, when builders were struggling with COVID-fueled “shutdowns, labor shortages and supply chain issues,” according to U.S. Census data. Continue reading →

Fueled by deals, new-home sales soar to highest level in 17 months

By | | Uncategorized
Comments Off on Fueled by deals, new-home sales soar to highest level in 17 months

New-home sales rose 4.4 percent in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the U.S. Census Bureau. Continue reading →

New-home sales wilt in June but remain elevated amid low inventory

By | | Uncategorized
Comments Off on New-home sales wilt in June but remain elevated amid low inventory

New-home sales drooped 2.5 percent from May to a seasonally adjusted rate of 697,000 — 23.8 percent higher than June 2022, according to data released Wednesday by the U.S. Census Bureau. Continue reading →

New home sales jumped 20% in May, a 12.2% jump from April

By | | Uncategorized
Comments Off on New home sales jumped 20% in May, a 12.2% jump from April

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. New home sales surged 20 percent from a year a… Continue reading →

Housing starts see biggest increase since 2016

By | | Uncategorized
Comments Off on Housing starts see biggest increase since 2016

Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7 percent jump from April and 5.7 percent higher than the levels recorded in May 2022, according to U.S. Census Bureau data. Continue reading →

New-home sales soar to 1-year high in March as purchases leap 9.6%

By | | Uncategorized
Comments Off on New-home sales soar to 1-year high in March as purchases leap 9.6%

The strong monthly increase in sales marked the fourth-consecutive month of such increases, as buyers ease back into the market and adjust to a new landscape of higher mortgage rates. Continue reading →

Multifamily construction delivers boost to housing starts in February

By | | Uncategorized
Comments Off on Multifamily construction delivers boost to housing starts in February

Apartment building construction soared 24 percent in February, lifting new housing starts overall despite a weak month for single-family builds, according to data released Thursday by the U.S. Census Bureau. Continue reading →

New-home transactions roar to life with strongest sales pace in a year

By | | Uncategorized
Comments Off on New-home transactions roar to life with strongest sales pace in a year

A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by the U.S. Census Bureau. Continue reading →

Single-family housing starts leap 11% as permits and completions fall

By | | Uncategorized
Comments Off on Single-family housing starts leap 11% as permits and completions fall

Overall housing starts clocked in at a seasonally adjusted annual rate of 1,382,000, 1.4 percent below levels recorded in November, according to new data released Thursday by the U.S. Census Bureau. Continue reading →