Case Shiller Index of Home Prices

November 30, 2021 The Case Shiller Index of Home Prices in 20 cities rose 0.8% in September after climbing 0.9% in August after having risen 1.5% in July.  Over the past year home prices have risen 19.1%. A broader index  for the entire U.S. — which would...

Pending Home Sales

November 29, 2021 Pending home sales surged ahead by 7.5% in October to 125.2 after having fallen 2.3% in September.  Pending home sales hit a speed bump earlier in the year.  While price increases amongst lower priced houses is having a negative impact on homes...

New Home Sales

November 24, 2021 New home sales rose 0.4% in October to 745 thousand after having jumped 7.1% in September.  After hitting a peak of almost 1 million homes in January, home sales declined fairly steadily to the 700 thousand mark.  That drop in the pace of sales...

Existing Home Sales

November 22, 2021 Existing home sales rose 0.8% in October to 6,340 thousand after having jumped 7.0% in September.  Much of the drop in sales earlier in the year was caused by the  the lack of supply.  Potential home buyers simply do not have many houses to choose...

Housing Starts

November 17, 2021 Housing starts declined 0.7% in October to 1,520 thousand after falling 2.7% in September.   Like every other economic indicator, starts rebounded sharply once the recession ended last April and have far surpassed the levels where they were in...

Homebuilder Confidence

November 16, 2021 Homebuilder confidence climbed 3 points in November to 83 after having jumped 4 points in October.  The index fell from a 35-year old record high level of 90 set in November of last year to a low of 75 in August as COVID cases surged and supply...