Pending Home Sales

May 28, 2020 Pending home sales plunged 21.8% in April to 69 after having fallen 20.8% in March as dramatic measures to halt the spread of the corona virus  shut down the U.S. economy. Lawrence Yun, the Chief Economist for the National Association of Realtors said...

New Home Sales

May 26, 2020 New home sales surprisingly rose 0.6% in May to 623 thousand after having fallen 13.4% in March to 619 thousand.   The April increase was in sharp contrast to an expected decline in the pace of sales to about the 500 thousand mark.  It is not quite clear...

Housing Starts

May 19, 2020 Housing starts .plunged 30.2% in April to 891 thousand after having fallen 18.6% in March,   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 the series shown...

Homebuilder Confidence

May 18, 2020 Homebuilder confidence rebounded by 7 points in May to 37 after having plunged by 42 points in April which was the biggest single-month decline in the history of this series.. NAHB Chairman Dean Mon said that, “The fact that most states classified housing...

Consumer Sentiment

May 15, 2020 The preliminary estimate of consumer sentiment for May rose 1.9 points to 73.7 after having plunged by 17.3 points in April and 11.9 points in March. The current conditions index rose 8.7 points from 74.3 to 83.0..  The expectations component dropped 2.4...