by sslifer | May 18, 2022 | Housing, NumberNomics Notes
May 18, 2022 Housing starts fell 0.2% in april to 1,724 thousand after declining 2.8% in March after climbing by 6.7% in February. Starts have far surpassed the levels where they were in February of 2020 — prior to the recession. Starts would be at an even...
by sslifer | May 17, 2022 | Housing, NumberNomics Notes
May 17, 2022 Homebuilder confidence fell 8 points in May to 69 after declining 2 points in April, 2 points in March and 0.1 point in January. Despite the consecutive declines, the index remains at a fairly lofty level. Keep in mind that any number over 50 indicates...
by sslifer | May 1, 2022 | Housing, NumberNomics Notes
May 1, 2022 . Construction spending (the green bars above) rose 0.1% in March after having climbed 0.5% in February and having jumped 3.0% in January. Indeed, that is the 13th consecutive increase in this series. In the past 12 months it has risen 11.7%. Private...
by sslifer | Apr 27, 2022 | Housing, NumberNomics Notes
April 27, 2022 Pending home sales declined 1.2% in March to 103.7 after having declined 4.0% in February, 5.8% in January, 2.3% in December and 2.9% in November. Pending home sales are being impacted by the combination of both higher prices and rapidly rising...
by sslifer | Apr 26, 2022 | Housing, NumberNomics Notes
April 26, 2022 New home sales fell 8.6% in March to 763 thousand but the January and February data were revised substantially higher. As a result, the level of home sales in March was about as expected. Nonetheless March represents the third consecutive drop in...
by sslifer | Apr 26, 2022 | Housing, NumberNomics Notes
April 26, 2022 The Case Shiller Index of Home Prices in 20 cities rose 2.4% in February after having climbed by 1.7% in December and 1.5% in November. Over the past year home prices have risen 20.2%. A broader index for the entire U.S. — which would include a...
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