-
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.…
-
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…
-
US Home Sales, Mortgages
US foreclosure activity jumped in August for the second consecutive month, industry firm RealtyTrac said on Thursday. Overall, 116,913 properties were at some stage of the foreclosure process, which includes foreclosure notices, scheduled auctions and bank repossessions, the group said. That pushed overall activity up 7 per cent from July. From a year ago, foreclosure…
-
US Multi-Family Residential Construction
The latest Census estimate shows significant gains in single-family and multifamily private residential construction spending from one year ago, said the National Association of Home Builders also Tuesday. On a 3-month moving average basis from July 2013, single-family construction spending increased 9.9 per cent and multifamily construction spending increased 38.4 per cent. The current seasonally…
-
US Pending, New Home Sales: July ‘14
A gauge of pending home sales rose 3.3 per cent in July to reach the highest level in 11 months, signaling that upcoming closings of existing homes are likely to speed up, the National Association of Realtors reported Thursday. The index of pending home sales hit a seasonally adjusted 105.9 in July, compared with 102.5…
