by sslifer | Oct 27, 2020 | Housing, NumberNomics Notes
October 27, 2020 The Case Shiller Index of Home Prices in 20 cities rose 1.2% in August after having rise 1.3% in July. Over the past year home prices have risen 6.6%. A broader index for the entire U.S. — which would include a large number of smaller cities...
by sslifer | Oct 26, 2020 | Housing, NumberNomics Notes
October 26, 2020 New home sales declined 3.5% in September to an annual rate pf 959 thousand after rising 3.0% in August, 14.7% in July and 14.7% in June. After dramatic increases in each of the past four months sales took a breather in September but remained at the...
by sslifer | Oct 22, 2020 | Housing, NumberNomics Notes
October 22, 2020 Existing home sales jumped 9.4% in September to 6,540 thousand after having climbed 2.0% in August after having surged by 24.7% in July and 20.2% in June. The 6,000 thousand pace was the fastest pace of sales since 2006. In the midst of a pandemic...
by sslifer | Oct 20, 2020 | Housing, NumberNomics Notes
October 20, 2020 Housing starts rose 1.9% in September to 1,415 thousand after having fallen 6.7% in August. Like every other economic indicator, starts have rebounded sharply in the past five months and are now essentially back to the levels where they were in...
by sslifer | Oct 19, 2020 | Housing, NumberNomics Notes
October 19, 2020 Homebuilder confidence climbed 2 points in October to 85 further surpassing the previous record high level that was set in September when it jumped 5 points to 83. These are the first two months this index has ever surpassed the 80.0 level. At its...
by sslifer | Oct 1, 2020 | Housing, NumberNomics Notes
October 1, 2020 . Construction spending (the green bars above) rose 1.4% in August after climbing 0.7% in July and 1.0% in June. But those gains follow declines of 0.3% 3.4%, and 1.3% in the March, April, May period. Thus, construction spending is recovering, but...
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