Does this new housing data foreshadow a recession?
New home starts fell 8.5 percent from July to August as builders continued to react to the negative economic outlook, according to data from the U.S. Census Bureau. Continue reading
New home starts fell 8.5 percent from July to August as builders continued to react to the negative economic outlook, according to data from the U.S. Census Bureau. Continue reading
The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentime… Continue reading
Negative homebuyer and homebuilder sentiment matched with growing economic uncertainty to stifle new construction in June, with single-family permits, starts and completions taking the biggest hit. Continue reading
A steady course is predicted for luxury real estate throughout the remainder of 2025, the firm’s mid-year luxury report said, creating “compelling opportunities for strategic homebuyers and sellers,” according to CEO Philip White. Continue reading
New residential construction made progress in completions but largely fell short on starts and permits, according to new data released Wednesday by the US Census Bureau and HUD. Continue reading
Sales of newly built single-family homes rose in April, pointing to continued buyer engagement during the spring homebuying season, the latest data from the U.S. Census Bureau and Department of Housing and Urban Development (HUD) suggests. New resident… Continue reading
April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Continue reading
According to data released Wednesday by the National Association of Realtors (NAR), contract signings jumped 6.1 percent in March. That represents the biggest monthly gain since December 2023, when pending sales rose 7 percent. In contrast, February on… Continue reading
Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as “well below consensus expectations.” Continue reading
Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as “well below consensus expectations.” Continue reading