Tag: us real estate

The data also shows that total housing inventory at the end of December dropped 12.3 per cent to 1.79 million existing homes available for sale, and is now 3.8 per cent lower than a year ago. Unsold inventory is at a 3.9 month supply at the current sales pace, down from 5.1 months in November…

A flurry of data out this week on US pending and existing home sales, home prices, year-end 2015 home sales provide an update on the housing and real estate situation in America. US Home Sales and House Prices: December and Year-End 2015 Existing home sales in the United States increased again in December after seeing…

Home builders in the US cut back slightly on new construction in the final month of 2015, though they built the most homes last year since 2007. Housing starts fell 2.5 per cent last month to an annual rate of 1.15 million, the US Commerce Department said Wednesday. For the full year home builders started…