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Existing Home Sales, US
US home resales raced to a one-year high in September. The National Association of Realtors said Tuesday existing home sales increased 2.4 per cent to an annual rate of 5.17 million units, the strongest reading since September of last year. US Existing Home Sales While home sales picked up last month, first-time buyers, a critical…
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Housing Starts, US
US home building rebounded in September on the strength of apartment construction, a category that provides less of an economic boost than single-family homes. Housing starts rose 6.3 per cent in September from a month earlier to a seasonally adjusted annual rate of 1.017 million units, the Commerce Department said Friday. Building permits increased 1.5…
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US Builder Confidence
The US Home Builder Confidence Index, which measures confidence in the market for new single-family homes, declined by five points to a seasonally adjusted level of 54 in October, the National Association of Home Builders said Thursday. A reading over 50 means most builders generally see positive conditions. The index jumped in September to 59,…
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Single- and Multi-Family Construction, US
Total private residential spending – single-family, multifamily, and home improvements – in the US fell slightly in August, by 0.1 per cent, to a seasonally adjusted annual rate of US$351.7 billion. The latest Census estimate shows gains in the single and multifamily components of private residential construction spending offset by a decline in home improvements.…
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US Housing Starts
Building of single-family units in the United States, roughly two-thirds of the market, fell a modest 2.4 per cent in August, Commerce Department figures showed Thursday. Home construction fell last month after surging to a post-recession high in July, a sign of choppy progress in the housing market. Total US housing starts fell 14.4 per…
