Key Takeaways from the June New Home Sales Report
June new home sales rose 3.5 percent from May to 592,000 units at a seasonally adjusted annual rate (SAAR), their highest level since February 2008. Over the year, new home sales are up 25.4 percent.
Key Takeaways from the June New Home Sales Report
June new home sales rose 3.5 percent from May to 592,000 units at a seasonally adjusted annual rate (SAAR), their highest level since February 2008. Over the year, new home sales are up 25.4 percent.
Key Takeaways from the June Existing Home Sales Report
June existing home sales moved decisively upward, defying expectations for a small decline, rising 1.1 percent to 5.57 million units at a seasonally-adjusted annual rate (SAAR) according to the National Association of Realtors (NAR).
June Home Sales Forecast: Are the Tables Turning for Home Sales?
For much of the housing recovery, economists (ourselves included) have puzzled over diverging trends in existing and new home sales: Sales of existing homes were growing strongly, while sales of new homes remained stubbornly low. But now the tables appear to be turning.
All Ages Welcome: Why Living Alone Isn’t Just for America’s Young and Old Anymore
After increasing steadily for decades, the share of Americans living alone has been essentially stable over the past five years or so, and has only recently begun to tick up again.
Key Takeaways from the May New Home Sales Report
May new home sales fell 6 percent from April, to 551,000 units at a seasonally adjusted annual rate (SAAR), in line with expectations (figure 1). Compared to a year ago, May new home sales were up 8.7 percent.
Key Takeaways from the May Existing Home Sales Report
May existing home sales increased largely in line with expectations, up 1.8 percent from April to 5.53 million units at a seasonally-adjusted annual rate (SAAR), according to the National Association of Realtors.
May Home Sales Forecast: Trends Point to Continued Upward Climb
May home sales should continue their recent upward trajectory. Existing home sales are poised to extend a recent string of consecutive monthly gains, while sales of new homes look set to fall a bit from April’s high-water mark but remain up from a year ago.
Rising rents, low interest rates and strong expected home value growth make buying a home instead of renting it an increasingly attractive financial option for those who can afford to do so.
Luxury Apartment Rent Growth Slowing
After growing at a blistering pace for much of 2015, apartment rents across the county are growing at a slower pace thus far in 2016 – and the slowdown has been particularly dramatic on luxury apartment rent in higher-end ZIP codes.
Key Takeaways from the April New Home Sales Report
New home surged 16.6 percent in April to 619,000 units at a seasonally adjusted annual rate (SAAR), strongly beating expectations, according to the U.S. Census Bureau.
