Tag Archives: lisa sturtevant

Uncertainty, volatility ahead for housing market under Trump

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Plans to eliminate federal income taxes, enact high tariffs and force the Federal Reserve to cut federal funds rates could tank the housing market, economists say. Continue reading →

US inventory rises to highest level since 2022 as new-home sales fall

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Newly built homes available on the market rose to 480,000, representing a supply of 9.1 months at the current sales rate, up from an 8.5 month supply in March, according to U.S. Census Bureau data. Continue reading →

New-home sales fall abruptly in February for first time in 3 months

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Sales of newly built homes slipped a modest 0.3 percent between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the U.S. Census Bureau. Continue reading →

Home prices hit high in December as ‘solid, steady growth’ wins out

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Home prices rose 5.5 percent on an annual basis in December, up from 5 percent in November, according to dueling data points released Tuesday by S&P Global and the Federal Housing Finance Agency. Continue reading →

Inflation stays flat in October, but shelter costs continue to rise

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The index for shelter rose 0.3 percent between September and October and was up 6.7 percent year over year, according to CPI data released Tuesday.  Continue reading →

Housing’s stranglehold on inflation poised to decline in months ahead

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Inflation rose 0.4 percent in September, a near standstill from August, according to the latest Consumer Price Index Thursday. Economists believe “shelter” will soon recede as the largest contributor to runaway prices. Continue reading →

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

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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 →

Inflation drops steeply in June to lowest level in more than 2 years

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Housing costs were again the largest contributor to inflation, accounting for more than 70 percent of the annual increase of the Consumer Price Index, according to new Bureau of Labor Statistics data. Continue reading →