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US Supply of New Homes: August
The August increase of the pace of new home sales pushed the months’ supply measure of inventory to its lowest level in more than a year. According to estimates from the Census Bureau and HUD released Thursday, on a nonseasonally adjusted basis the inventory of for-sale newly built homes stood at 206,000 in August. This…
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New Home Sales, US
In a joint release the Census Bureau and Department of Housing and Urban Development reported Wednesday that newly constructed single family homes sold at a seasonally adjusted annual pace of 504 thousand in August, up 18 per cent from July and 33 per cent from August 2013. The supply of new homes available for sale…
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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…
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US Home Sales
New-home sales in the US fell in June and May’s reading was revised significantly lower, the Commerce Department said Thursday. Sales of new single-family homes fell 8.1 per cent from May to a seasonally adjusted annual rate of 406,000, Meanwhile, May sales were revised down to a rate of 442,000 from a previously estimated 504,000.…
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US Housing Market : Jan – June 2014
New data on US housing inventory, home prices and sales, and distressed mortgages was released this week. Mixed messages from US housing data released in June are being studied by home buyers, sellers, and industry experts. Mid-year releases issued from the National Association of Realtors, S&P/Case Shiller, Trulia, and other housing analysts show that the…
