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US Real Estate Conditions Year-End 2015
“Rents Will Rise Faster Than Home Prices In 2016, Consumers Say,” screams a headline from The Mortgage Reports Wednesday. “According to Fannie Mae’s most recent National Housing Survey, US consumers expect that home prices will climb 2.3 per cent between now and next year; and that rents will rise by nearly double that amount.” Each…
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US Construction, Single Family
Due to the surge in multifamily development and the ongoing modest growth for single-family, there has been a noticeable shift in the market shares of housing units under construction, said the US National Associ- ation of Home Builders Thursday. The Census housing starts data illustrate a trend to more multifamily units in the production pipeline.…
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Residential Price Index, US Houses: October 2015
In addition to Case-Shiller, and CoreLogic, there is also FNC, Zillow, and sev- eral other house price indexes. FNC have released their October 2015 index data, reporting that their Residen- tial Price IndexTM (RPI) indicates that US residential property values decreased 0.1 per cent from September to October (Composite 100 index, not seasonally ad- justed).…
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US Housing Starts: November 2015
New-home construction in the US rebounded in November, led by gains in single-family dwellings that signal the residential real estate industry will continue to support growth in the world’s largest economy. Housing starts climbed 10.5 per cent to a 1.17 million annualized rate, from a 1.06 million pace in October, figures from the Commerce Department…
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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…