March 2023 New Home Sales: New Sales Rise Starting Spring Shopping Season
New home sales beat expectations in March as more new construction homes entered the market and buyers started their spring home shopping leading to increased sales.
News
March 2023 Existing Home Sales: Spring Has Yet to Bring New Growth to Existing Home Sales
Existing home sales this spring continue to be suppressed from typical seasonal levels.
March Housing Starts: Sluggish Start to Spring Home Building
March typically shows a rebounding of housing starts and permits from the winter blues. But with affordability pressures mounting, home builder activity is once again retreating this spring.
Headline Inflation Slows Further in March – Core Inflation Remains Somewhat Elevated
While shelter remained the largest contributor to the monthly gain in the consumer price index, the monthly increase in shelter costs has come down measurably from its pandemic-era peak.
