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US Economy and Economic Indicators
This week new research was released on the current makeup of the US middle class, the continuing commodities price slump, other — more general — US eco- nomic indicators provide a somewhat less murky, if still muted, projection of the health of the US economy over the next year or two. Pew Research Center Analysis…
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US New and Existing Home Sales: October 2015
Census and HUD reported Wednesday new homes sales for October rebounded from their unexpected low in September to a level of 495,000 on an annual basis. This is a 10.7 per cent increase from the revised September, a 1.6 per cent increase from the 3Q average and a 15.7 per cent increase in year-to-date not…
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US Residential Property Values: September 2015
The typical size of newly built single-family homes was effectively unchanged from 2Q to 3Qf 2015, posting a small quarterly decline. The current data is consistent with the general trend of flat growth for the size of typical newly-built homes, a pattern that took hold during 2014. As first-time buyers return to the market, typical…
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US Apartment Absorptions: 2Q 2015
The US rental apartment market continued to be strong during 2Q 2015, as multifamily production levels remain elevated. According to NAHB analysis of the most recent data from the Census Bureau and Department of Housing and Urban Development Survey of Market Absorption of Apartments, completions of privately financed, unsubsidized, unfurnished rental apartments in buildings with…
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US House Prices
The CoreLogic HPI Forecast, released Tuesday, indicates that home prices in the US are projected to increase by 4.7 per cent on a year-over-year basis from September 2015 to September 2016, but could potentially dip slightly month over month from September 2015 to October 2015. US House Prices The CoreLogic Home Price Index Forecast indicates…
