Sales of new single-family homes posted a strong gain in September, increasing 14.0% to 800,000 at a seasonally adjusted annual rate from a 702,000 pace in August. Despite the...
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Residential Investor
Existing-home sales rose and inventory fell in September
Sales of existing homes jumped 7.0% in September, to a 6.29 million seasonally adjusted annual rate. Sales are still down 2.3% from a year ago. Sales in the market for existing...
Residential Investor
Housing activity slowed in September but remains brisk
Total housing starts fell to a 1.555 million annual rate in September from a 1.580 million pace in August, a 1.6% decrease. From a year ago, total starts are up 7.4%. Total...
Residential Investor
New single-family home sales rose but so did inventory and months’ supply
Sales of new single-family homes posted a small gain in August, increasing 1.5% to 740,000 at a seasonally adjusted annual rate from a 729,000 pace in July. Despite the gain,...
Residential Investor
New single-family home sales rose but so did inventory and months’ supply
Sales of new single-family homes posted a small gain in August, increasing 1.5% to 740,000 at a seasonally adjusted annual rate from a 729,000 pace in July. Despite the gain,...
Residential Investor
Existing single-family home sales rose in July but condo sales fell
Sales of existing homes rose 2.0% in July, to a 5.99 million seasonally adjusted annual (see top of first chart). Sales are up 1.5% from a year ago. Sales in the market for...