Tag Archives: housing

June Residential Construction, July Homebuilders Survey

Starts Improve in June, But Still Range Bound June Housing Starts increased by 4.8 percent to a 1,189,000 unit annual rate. Permits for new residential construction ticked up by 1.5 percent to a 1,153,000 unit pace in June. The National … Continue reading

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April Income and Spending, March House Prices:

Consumer Spending Adds to Fed Rate Hike Expectations U.S. Personal Income increased by 0.4 percent in April. After inflation and taxes, Real Disposable Income gained 0.2 percent for the month. Nominal Consumer Spending increased by a strong 1.0 percent in … Continue reading

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January New and Existing Home Sales, December House Prices

Soft Home Sales in the West, but Conditions Look Good for Spring Sales Season New Home Sales for January sagged, down 9.2 percent to a 494,000 unit annual rate. Existing Home Sales in January were essentially unchanged, up 0.4 percent … Continue reading

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September Existing Home Sales, Leading Indicators, Oct. UI Claims

Home Sales Rebound, Indicators Dip on Stock Prices, Claims Low Existing Home Sales for September increased by 4.7 percent to an annual rate of 5.55 million units. The Leading Economic Index fell by 0.2 percent in September, as the stock … Continue reading

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September Residential Construction, October Home Builders Survey

Builder Confidence Grows as Single-Family Construction Gains September Housing Starts increased by 6.5 percent to a 1,206,000 unit annual rate. Permits for new residential construction dropped in September by 5.0 percent to a 1,103,000 unit pace. The National Association of … Continue reading

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From the Desk of Robert Dye

To Rent or to Own? The Census Bureau reports that the U.S. homeownership rate dropped to 63.4 percent of households in the second quarter of 2015. This is the lowest homeownership rate since the mid-1960s, and it highlights the stark … Continue reading

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April Residential Construction, May Home Builders Survey

Housing Started but Builders Balked April Housing Starts increased by a strong 20.2 percent to a 1,135,000 unit annual rate. Permits for new residential construction climbed in April by 10.1 percent to a 1,143,000 unit pace. The National Association of … Continue reading

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March Residential Construction, Industrial Production, April UI Claims

Housing Starts Washed Out, Builder Confidence Sunny March Housing Starts increased by 2.0 percent to a 926,000 unit annual rate. Permits for new residential construction decreased in March by 5.7 percent to a 1,039,000 unit pace. The National Association of … Continue reading

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March ADP Jobs, ISM MF Index, February Construction Spending, January Case-Shiller HPI

Grab Bag of Economic Data Consistent with Moderate Growth Economy The March ADP Employment Report showed a moderate increase of 189,000 private-sector jobs. The ISM Manufacturing Index for March eased to a still-positive 51.5 percent. Construction Spending for February was … Continue reading

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February Residential Construction, Industrial Production

Housing Stops and Industrial Reduction February Housing Starts fell hard by 17.0 percent to an 897,000 unit annual rate. Permits for new residential construction increased in February by 3.0 percent to a 1,092,000 unit pace. The National Association of Home … Continue reading

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