by sslifer | Jun 1, 2021 | Housing, NumberNomics Notes
June 1, 2021 . Construction spending (the green bars above) rose 0.2% in April after rising 1.0% in March This series has been rising steadily since the recession ended in April of last year and is now well above to its pre-recession pace. Indeed. it is now 5.8%...
by sslifer | May 27, 2021 | Housing, NumberNomics Notes
May 27, 2021 .Pending home sales fell 4.4% to 106.2 in April after rising 1.7% in March. 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 supply for realtors to...
by sslifer | May 25, 2021 | Housing, NumberNomics Notes
May 25, 2021 New home sales fell 5.9% in April to 863 thousand after rising 7.4% in March, declining 14.0% in February. plunged 18.2% in February. The February drop and March rebound are attributable to a series of snowstorms that closed down much of the country in...
by sslifer | May 25, 2021 | Housing, NumberNomics Notes
May 25, 2021 The Case Shiller Index of Home Prices in 20 cities rose 2.2% in March after rising 1.3% in February. . Over the past year home prices have risen 13.3%. A broader index for the entire U.S. — which would include a large number of smaller cities...
by sslifer | May 21, 2021 | Housing, NumberNomics Notes
May 21, 2021 Existing home sales fell 2.7% in April to 5,850 thousand after declining 3.7% in March and 6.3% in February. However, the three consecutive declines were almost certainly caused by the the lack of supply which is currently at 2.4 months which is near a...
by sslifer | May 18, 2021 | Housing, NumberNomics Notes
May 18, 2021 Housing starts fell by 9.5% to 1,569 thousand after having surged by 19.8% in March after having declined 11.9% in February. A large portion of the February decline and March rebound is attributable to the weather which was so bad in February as a series...
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