Existing Home Sales

September 19, 2019 Existing home sales rose 1.3% in August to 5,490 thousand after having climbed 2.5% in July..  Sales currently are 2.6% higher than where they were at this time last year. Lawrence Yun, NAR chief economist said that “As expected, buyers are finding...

Housing Starts

September 18, 2019 Housing starts jumped 12.3% in August to 1,364 thousand after having declined 1.5%in July and 2.5% in June.   Because these data are particularly volatile on a month-to-month basis, it is best to look at a 3-month moving average of starts (which is...

Homebuilder Confidence

September 17, 2019 .Homebuilder confidence rose 1 point in September to 68 after having risen 2 points in August.  While its current level is somewhat below the readings of 70-75  at this time last  year, a level of 68 is indicative of a solid level of confidence...

Mortgage Loans

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...