by sslifer | Nov 18, 2019 | Housing, NumberNomics Notes
November 18, 2019 .Homebuilder confidence fell 1 point in November to 70 after having jumped 3 points in October. This series reached a cycle high of 74 back in December 2017. After a long slide last year, the drop in mortgage rates has bolstered builder...
by sslifer | Oct 1, 2019 | Housing, NumberNomics Notes
October 1, 2019 . Construction spending (the green bars above) rose 0.1% in August after having been unchanged in July. Over the past year it has fallen 1.9%. Not only is this a very volatile series with large swings from month to month, even the previously released...
by sslifer | Sep 25, 2019 | Housing, NumberNomics Notes
September 25, 2019 Home ownership fell slightly in the second quarter. It fell 0.1% in that quarter after having declined 0.6% in the first quarter. It hit a low of 62.9% in the second quarter of 2016 but has risen slightly in the past 2-1/2 years. The upswing in...
by sslifer | Sep 4, 2019 | Housing, NumberNomics Notes
September 4, 2019 Real estate loans rose at a 2.0% pace in July after having risen 1.7% in June (the light blue bars). Over the course of the past year mortgage lending has risen 3.2% (the dark blue line). While mortgage lending has been sluggish total loan growth...
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