by sslifer | Nov 19, 2024 | Housing, NumberNomics Notes
November 19, 2024 Housing starts declined 3.1% in October to 1,311 thousand after falling 1.9% in September. The combo of Hurricanes Helene and Milton may have reduced the September and October construction data somewhat as starts in the South fell by a total of...
by sslifer | Nov 18, 2024 | Housing, NumberNomics Notes
November 18, 2024 This series rose 3 points in November to 46 after gaining 2 points in both September and October. The November gain seems to reflect hope that the Trump administration will cut a lot of the red tape that has been impeding the housing industry. Keep...
by sslifer | Oct 30, 2024 | Housing, NumberNomics Notes
October 30, 2024 Pending home sales rose 7.4% in September to 75.8 after having risen 0.6% in August.. The National Association of Realtors chief economist, Lawrence Yun said,”Contract signings rose across all regions of the country as buyers took advantage of...
by sslifer | Oct 29, 2024 | Housing, NumberNomics Notes
October 29, 2024 New home sales climbed by 4.1% in September to 738 thousand after having fallen 2.3% in August New home sales can be volatile from month to month, but it seems clear that they are in a gradual uptrend. After having peaked at 7.6% mortgage rates have...
by sslifer | Oct 29, 2024 | Housing, NumberNomics Notes
October 29, 2024 The seasonally adjusted Case Shiller Index of Home Prices in 20 cities rose 0.4% in August after climbing 0.2% in July. It has risen 5.2% in the past year. Brian Luke, Head of Commodities, Real &P Digital Assets said, “Home price growth is...
by sslifer | Oct 23, 2024 | Housing, NumberNomics Notes
October 23, 2024 . Existing home sales declined 1.0% in September to 3,840 thousand after falling 2.0% in August and rising 1.5% in July. The recent slide in mortgage rates and further Fed easing between now and yearend should boost sales in the next few months....
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