New residential home sales plummet to 2-year low in September

New residential home sales dropped 5.5 percent in September to the lowest growth in almost two years, according to the Census Bureau and the HUD.

New residential home sales rise in August, reversing 2-month decline

New residential home sales increased 3.5 percent in August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Housing starts soar in August but permits plunge to 15-month low

Privately owned housing starts jumped 9.2 percent month-over-month and 9.4 percent year-over-year to a seasonally adjusted annual rate of 1,282,000, according to the latest data from the U.S. Department of Housing and Urban Development and U.S. Census Bureau. 

Building Claws Higher in July

Building clawed 0.9 percent higher in July, but still underwhelmed year-over-year, according to the Commerce Department. Combined, housing starts totaled 1.17 million, with 303,000 multifamily (five units or more) starts and 862,000 single-family starts. On an annual basis, starts tumbled 1.4 percent. Approvals for builds, encouragingly, increased 1.5 percent to 1.31 million permits, with approvals […]

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US housing starts plummet 12% in June, marking 9-month low

The number of new home permits issued nationwide fell to the lowest in nine months, according to a new Housing Starts report.

New-Home Sales Take Off

March new-home sales took off, up 4 percent to 694,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $369,900, while the median was $337,200. New-home listing inventory was 301,000—5.2-months supply. “The March new-home sales report is consistent with our solid builder confidence […]

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Housing Starts Overall Upsurge, While Single-Family Wanes

Home-building in March picked up, with housing starts on a 1.9 percent surge and totaling 1.32 million, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Single-family starts waned, down 3.7 percent to 867,000. Multifamily starts (five units or more) came in at 439,000. “The modest decline in single-family […]

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February New-Home Sales Slog

New-home sales again slogged in February, with sales of new, single-family homes down 0.6 percent to 618,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The average new-home sales price was $376,700, while the median was $326,800. New-home listing inventory was 305,000—5.9-months supply. “New-home sales are at a […]

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Why millennials don’t have to define the success of your real estate business

Before taking my current position, I spent my nights and weekends teaching pre-licensing class to aspiring real estate agents. It always struck me as noteworthy how many in my classes were not fresh out of high school or even college …

Housing Starts Soften

February’s home-building receded, with housing starts softening 7 percent and totaling 1.24 million, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Notably, single-family starts increased 2.9 percent to 902,000. Multifamily starts (five units or more) came in at 317,000. The decline is a departure […]

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