Homebuilder Confidence

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...

Construction Spending

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...

Homeownership Rates

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...

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...