by sslifer | Aug 11, 2026 | Housing, NumberNomics Notes
August 11, 2026 . Existing home sales declined 1.7% in July to 4,060 thousand after falling 1.4% in June. .Home sales have been floundering at about this same pace for the past two years. Lawrence Yun, NAR chief economist said that. “Home sales have been remarkably...
by sslifer | Aug 3, 2026 | Housing, NumberNomics Notes
August 3, 2026 Construction spending (the green bars above) fell 0.1% in June after being unchanged in May. In the past 12 months it has declined 3.2% Private construction spending (excluding the government sector) declined 0.1% in June after falling 0.2% in May. In...
by sslifer | Jul 28, 2026 | Housing, NumberNomics Notes
July 28, 2026 The seasonally adjusted Case Shiller Index of Home Prices in 20 cities was unchanged in both April and May. Prices have risen 1.4% in the past year. The National Index which is a slightly broader measure of home price was unchanged in May after having...
by sslifer | Jul 24, 2026 | Housing, NumberNomics Notes
July 24, 2026 New home sales rose 1.6% in June to 628 thousand after falling 4.3% in May. In the past year new home sales have declined 5.6%. While volatile on a month-to-month basis, it is clear that new home sales continue their slump. Mortgage rates are now...
by sslifer | Jul 17, 2026 | Housing, NumberNomics Notes
July 17, 2026 Housing starts surged by 19.0% in June to 1,4d27 thousand after having plunged 15.2% in May. Homebuilder confidence remains low. Builders are being cautious in part because tariffs are and a sharp increase in oil prices has boosted their cost of their...
by sslifer | Jul 16, 2026 | Housing, NumberNomics Notes
July 16, 2026 Homebuilder confidence fell 2 points in July to 34 after declining 1 point in May. Builders are still worried about the rising cost of materials, high mortgage rates, and affordability. The breakeven point for this series is 50 so at 34 it is clear...
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