by sslifer | Jan 2, 2025 | Housing, NumberNomics Notes
January 2, 2025 Construction spending (the green bars above) was unchanged in November after having risen 0.5% in October. Construction spending climbed sharply in the first four months of last year, but it has slowed...
by sslifer | Dec 31, 2024 | Housing, NumberNomics Notes
December 31, 2024 The seasonally adjusted Case Shiller Index of Home Prices in 20 cities rose 0.3% in October after having risen 0.2% in September after rising 0.3% in August. It has risen 4.3% in the past year. Brian Luke, Head of Commodities, Real &P Digital...
by sslifer | Dec 30, 2024 | Housing, NumberNomics Notes
December 30, 2024 Pending home sales rose 2.2% in November to 79.0 after gaining 1.8% in October, 7.5% in September, and 0.6% in August. This is the fourth consecutive increase in this series. The National Association of Realtors chief economist, Lawrence Yun said,...
by sslifer | Dec 27, 2024 | Commentary for the Week, NumberNomics Notes
December 27, 2024 No economic commentary this week. Enjoying the time with my family. I hope that you all are able to enjoy this holiday season by spending some time with your families as well. Happy New Year. Steve
by sslifer | Dec 23, 2024 | Housing, NumberNomics Notes
December 23, 2024 New home sales rebounded by 5.9% in November to 664 thousand after having plunged by 14.8% in October However, the October drop was almost exclusively in the South and clearly the result of the combo of Hurricanes Milton and Helene. Sales in the...
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