by sslifer | Jul 29, 2020 | Housing, NumberNomics Notes
July 29, 2020 Pending home sales climbed by an additional 16.6% in June to 116.1 after having jumped by a record 44.3% in May, but after having plunged 21.8% in April and 20.8% in March as dramatic measures to halt the spread of the corona virus shut down the U.S....
by sslifer | Jul 28, 2020 | Housing, NumberNomics Notes
July 28, 2020 The Case Shiller Index of Home Prices in 20 cities rose 0.4% in May after having risen 0.8% in April and 1.1% in March. Over the past year home prices have risen 3.7%. A broader index for the entire U.S. — which would include a large number of...
by sslifer | Jul 24, 2020 | Housing, NumberNomics Notes
July 24, 2020 New home sales climbed 13.8% in June to a 776 thousand pace after having jumped 19.4% in May. Like virtually every economic indicator — payroll employment and retail sales in particular — home sales have come roaring back and are currently...
by sslifer | Jul 22, 2020 | Housing, NumberNomics Notes
July 22, 2020 Existing home sales surged by 20.7% in June after having fallen 9.7% in May, 17.8% in April, and 8.5% in March They should continue to climb in July. Lawrence Yun, NAR chief economist said that “The sales recovery is strong, as buyers were eager to...
by sslifer | Jul 17, 2020 | Housing, NumberNomics Notes
July 17, 2020 Housing starts climbed by 17.3% in June to 1,186 thousand after climbing by 8.2% in May. But starts plunged 26.4% in April and having fallen 19.0% in March, Like every other economic indicator, starts have rebounded sharply in the past two months but,...
by sslifer | Jul 16, 2020 | Housing, NumberNomics Notes
July 16, 2020 Homebuilder confidence climbed 14 points in July to 72 after having jumped 21 points in June and 7 points in May, after having plunged by 42 points in April which was the biggest single-month decline in the history of this series. At its current level of...
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