Tag Archives: Census Bureau

On the surface, the most recent single-family construction spending data shows months of declines. But is it really that bad?

The pace of new residential home sales soared year-over-year in August, and demand for these homes is expected to increase in the coming months.

New single-family home sales took a notable upturn in July, with the month becoming the best month for new sales since 2007. What drove the increase, and will new home sales continue to rise?

Sales of newly constructed homes took a sharp upturn in June, making the month the best for new home sales since the eve of the housing crash.

The pace of new home sales dropped off in May, but that may have been expected due to April's large jump.

At least one economist saw that the ongoing trend of starts exceeding permits may be trouble for the housing market down the road.

Construction spending bounced back in March after experiencing the largest decline in three months and raising unexpected concerns among market watchers in the industry. Now, the industry is awaiting the new spending numbers to see if those previous gains spilled into April.

The Bureau of Economic Analysis (BEA) will release the second of three estimates for the nation's first quarter GDP growth this week. In the advance estimate for the first quarter released in late April, the BEA reported GDP growth to be a weak 0.5 percent.

Home building in the U.S. picked up again in April after reaching the slowest pace in seven months, easing some of the previous concern surrounding the construction sector.

The nationwide homeownership rate in Q1 fell back to near the five-decade low from last year. But for one particular demographic, the rate is on the way up.