by sslifer | Aug 31, 2021 | Housing, NumberNomics Notes
August 31, 2021 The Case Shiller Index of Home Prices in 20 cities jumped 1.8% in June after having risen 1.8% in May.. Over the past year home prices have risen 19.1%. A broader index for the entire U.S. — which would include a large number of smaller cities...
by sslifer | Aug 30, 2021 | Housing, NumberNomics Notes
August 30, 2021 Pending home sales fell 1.8% in July to 110.7 after having declined 2.0% in June. Pending home sales have hit a speed bump in the past couple of months, not because of any reduced demand stemming caused by higher prices, but because of a lack of...
by sslifer | Aug 24, 2021 | Housing, NumberNomics Notes
August 24, 2021 New home sales rose 1.0% in July to 708 thousand after declining in each of the previous three months. After hitting a peak of almost 1 million homes in January, home sales have declined steadily to their current level of 708 thousand. This drop in...
by sslifer | Aug 23, 2021 | Housing, NumberNomics Notes
August 23, 2021 Existing home sales rose 2.0% in June to 5,990 thousand after climbing1.6% in June. Much of the four consecutive declines from February through May were almost certainly caused by the the lack of supply which is currently at a near record low level...
by sslifer | Aug 18, 2021 | Housing, NumberNomics Notes
August 18, 2021 Housing starts fell 7.0% in July to a,534 thousand after increasing 3.5% in June and 5.3% in May. Like every other economic indicator, starts have rebounded sharply since the recession ended last April and have far surpassed the levels where they...
by sslifer | Aug 17, 2021 | Housing, NumberNomics Notes
August 17, 2021 .Homebuilder confidence fell 5 points in August to 75 after having declined 1 point in July and 2 points in June. The last several months the index has fallen from a 35-year old record high level of 90 set in November of last year. It was at 74 in...
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