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US Existing Home Sales
Total US existing-home sales climbed 1.1 per cent to 5.57 million in June, from a downwardly revised 5.51 million in May, said the National Association of Realtors Thursday. US Existing Home Sales Total existing-home US sales climbed 1.1 percent to a seasonally adjusted annual rate of 5.57 million in June from a downwardly revised 5.51…
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Housing Starts, US: June 2016
US housing starts for June surged 4.8 per cent to a seasonally adjusted annual pace of 1.19 million units, the Commerce Department said on Tuesday. May’s starts were revised down to a 1.14 million-unit pace from the previously reported 1.16 million-unit pace. US Housing Starts Housing starts in 2Q were a touch higher than the…
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US Home Builder Share Prices Increase
Very positive moves by share prices of two of the biggest US home builders, DR Horton and PulteGroup, Thursday — even before US housing starts data came out — provide further indication that the long-suffering US housing market is slowly continuing to improve. US Home Builder Share Prices Rise Even before new US housing start…
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US Real Estate and Housing Market: Mid-2016 Update
The latest data out of the US this week shows sales of new single-family homes likely grew at a rate of 530,000 units in June, up 8.6 per cent from a 488,000 annualized pace in May, the Mortgage Bankers Association said Thursday. June’s estimated pace of sales was up 7 per cent from a year…
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US House Prices : April 2016
Housing market analysts do not appear moved by an April surge in pending and new home sales. New US single-family home sales recorded their biggest gain in nearly a quarter century in April, touching a more than eight-year high. Property analysts are forecasting a steady 5.4 million unit annualized pace of existing home sales over…
