U.S. construction spending experienced the largest decline in three months, raising unexpected concerns among market watchers in the industry, the U.S. Census Bureau of the Department of Commerce announced Friday.
Read More »The Week Ahead: Measuring Growth in the Housing Market
In the spirit of slow growth—as predicted by economists—there are several industry reports coming this week to see if they were indeed spot-on with their expectations for 2016. So will the slow growth housing market continue?
Read More »Construction Spending Reaches 8-Year High in 2015
Construction spending has come a long way since the financial crisis hit America, according to a report from the U.S. Census Bureau on Monday.
Read More »What’s Causing the Slowdown in Household Formation?
The formation of new households in the U.S. were disappointing to say the least for the final quarter of 2015, but Capital Economics says that this news is no reason to panic.
Read More »Has Homeownership Finally Found its Balance?
The homeownership rate increased marginally over the last two quarters, but was fairly unchanged year-over-year. This has left many in the industry questioning if homeownership has plateaued.
Read More »New Home Sales Exceed Expectations
There was no seasonal, holiday slowdown for new home sales, as buyers showed their increasing demand for housing by purchasing more homes since the end of the financial crisis.
Read More »The Week Ahead: Will New Home Sales Rise to the Occasion?
Existing-home sales blew the mortgage industry away last week, with the largest month-over-month increase ever as TILA-RESPA Integrated Disclosure (TRID) rule delays finally started to pass. This week, the spotlight will shift to December's new home sales.
Read More »Housing Starts Skyrocket from Last Month’s Slump
Despite yesterday's report that home builders' confidence was down, they have certainly been busy with new construction in November 2015.
Read More »Construction Spending Highest Since Start of Recession
Construction spending in the U.S. rose to the highest level since December 2007 in October 2015, when the recession had just began.
Read More »Single-Family Housing Construction Pace Slows in October
Construction in the single-family housing market for the month of October as both housing starts and housing completions decreased, the U.S. Census Bureau and HUD announced Wednesday.
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