by sslifer | Sep 19, 2019 | Housing, NumberNomics Notes
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...
by sslifer | Sep 18, 2019 | Housing, NumberNomics Notes
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...
by sslifer | Sep 17, 2019 | Housing, NumberNomics Notes
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...
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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