by sslifer | Feb 27, 2024 | Housing, NumberNomics Notes
February 27, 2024 The seasonally adjusted Case Shiller Index of Home Prices in 20 cities rose 0.2% in December after climbing 0.2% in November. The rate of increase in home prices has slowed from double-digit gains in 2021 and 2022 to 6.2% currently. But the most...
by sslifer | Feb 26, 2024 | Housing, NumberNomics Notes
February 26, 2024 New home sales rose 1.5% in January to 661 thousand after having jumped 7.2% in December, While obviously volatile on a month-to-month basis, new home sales reached a low point in the middle of last year, but have risen somewhat since then.....
by sslifer | Feb 22, 2024 | Housing, NumberNomics Notes
February 22, 2024 . Existing home sales rose 3.1% in January to a 4,000 thousand pace after having declined 0.8% in December Sales had been falling for almost two years as the combination of sharply higher mortgage rates and higher home prices took their toll But...
by sslifer | Feb 16, 2024 | Housing, NumberNomics Notes
February 16, 2024 Housing starts plunged 14.8% in January to 1,331 thousand after having risen 3.3% in December as extremely cold and snowy conditions throughout much of the country in January took a toll. But because building permits were relatively steady we do...
by sslifer | Feb 15, 2024 | Housing, NumberNomics Notes
February 15, 2024 Homebuilder confidence rose 4 points in February to 48, after climbing 7 points in January and 3 points in December. Thus, confidence has risen 14 points in the past three months as mortgage rates have declined by a percentage point. But keep in...
by sslifer | Feb 1, 2024 | Housing, NumberNomics Notes
February 1, 2024 Construction spending (the green bars above) rose 0.9% in both November and December after having jumped 2.1% in October. This is the twelfth consecutive increase in construction spending. In the past 12 months it has risen 13.9%. As indicated ...
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