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US Private Residential Construction Spending: June 2016
The National Association of Home Builders analysis of Census Construction Spending data released Monday shows that total private residential construction spending for June registered a seasonally adjusted rate of US$445.8 billion, virtually unchanged from the May downwardly revised estimate. Private nonresidential construction spending fell for a third consecutive month in June, down by 1.3 per…
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US New Home Sales, June 2016
The US Census Bureau and Department of Housing and Urban Development in a joint release Tuesday reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 592 thousand in June and revised May sales up to 572 thousand. This pace represents steady progress from housing bust lows below 300 thousand…
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US New Home Sales, June 2016
The US Census Bureau and Department of Housing and Urban Development in a joint release Tuesday reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 592 thousand in June and revised May sales up to 572 thousand. This pace represents steady progress from housing bust lows below 300 thousand…
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New Home Sales, Pending Home Sales, US: June 2016
The US Census Bureau and Department of Housing and Urban Development in a joint release Wednesday reported that newly constructed single family homes sold at a seasonally adjusted annual pace of 592 thousand in June and revised May sales up to 572 thousand. According to the National Association of Realtors’ Pending Home Sales Index Thursday,…
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US Home Ownership Rate, Price-to-Rent Ratio
According to Census Bureau’s Housing Vacancy Survey, the US homeownership rate dropped to 62.9 per cent in 2Q 2016, according to Eye on Housing Tuesday. Elsewhere, on a price-to-rent basis, the Case-Shiller National index is back to July 2003 levels, the Composite 20 index is back to June 2003 levels, and the Core– Logic index…
