Serious investment thinking that doesn’t take itself too seriously.
Sales of existing homes rose 1.4% in June, to a 5.86m seasonally adjusted annual (see top of first chart). Sales are up 22.9%t from a year ago. Sales in the market for existing...
Sales of new single-family homes rose sharply in March, increasing 20.7% to 1.021 million at a seasonally adjusted annual rate from a 846,000 pace in February. Sales are an...
Total housing starts rose to a 1.739 million annual rate from a 1.457 million pace in February, a 19.4% increase. The March recovery was expected as weather conditions in...
Despite the pandemic, restrictive government policies, and the worst economic contraction in history, US household net worth rose again in the fourth quarter to a new record....
Total housing starts fell to a 1.421 million annual rate from a 1.584 million pace in January, a 10.3% decrease. Month-to-month volatility in housing construction can be...
Housing permits, considered a leading indicator for future construction activity and the broader economy, surged to a 15-year high in January. The jump was supported by increases...