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US Housing Starts: June 2015
New-home construction in the U.S. climbed in June to the second-highest level since November 2007 as builders stepped up work on apartment projects. Housing starts rose 9.8 per cent to a 1.17 million annualized rate from a revised 1.07 million in May that was stronger than previously estimated, figures from the Commerce Department showed Friday…
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US House Price Index
This CoreLogic House Price Index report is for May. The recent Case-Shiller index release was for April. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). CoreLogic Reports National Homes Prices Rose by 6.3 Percent Year Over Year in May 2015 CoreLogic® … Tuesday released its May 2015 CoreLogic…
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US Home New and Existing Sales: May and June 2105
The rate of new single-family home sales, as estimated by the Census Bureau Wednesday, improved to a seasonally adjusted annual rate of 546,000 in May, the fastest pace in seven years and a 2.2 per cent increase over April. Meanwhile the National Association of Realtors (NAR) Pending Home Sales Index increased for the fifth straight…
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Construction Spending US: May 2015
The Census Bureau reported Wednesday that overall construction spending in the US increased in May: The US Census Bureau of the Department of Commerce announced that construction spending during May 2015 was estimated at a seasonally adjusted annual rate of US$1,035 billion, 0.8 per cent above the revised April estimate of US$1,027 billion. The May…
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Apartment Vacancy Rate, US: 2Q 2105
Reis reported Thursday that the US apartment vacancy rate was unchanged at 4.2 per cent during the second quarter with construction and net absorption effectively in balance. This is compared to 4.2 per cent in 1Q. In 2Q 2014 the rate was also 42 per cent. The vacancy rate peaked at 8 per cent at…
