72.4% of new single-family homes started in 2023 were built on slab foundations, 16.6% were built with full or partial basements, and 9.9% with crawl spaces, according to the Census Bureau and NAHB.
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U.S. Residential Building Material Costs in June Post Largest Yearly Increase Since February 2023
A closer look at the U.S. Bureau of Labor Statistics (BLS) Producer Price Index (PPI) for June, which was released […]
Total Value of Canadian Building Permits Declined in May
Statistics Canada (StatsCan), reported on Friday (7-12-24), that the total value of building permits was in May was $11.7 billion […]
Canadian Home Sales Activity Increased Month-Over-Month in June 2024
The Canadian Real Estate Association (CREA) reported on Friday (7-12-24), that that home sales activity recorded over Canadian MLS® Systems […]
U.S. Producer Price Index for Final Demand Increase Month-Over-Month in June 2024
The Bureau of Labor Statistics (BLS) reported on Friday (7-12-24), that the Producer Price Index (PPI) for final demand, seasonally […]
University of Michigan Reports the Preliminary Results of its Consumer Sentiment Index for July 2024
The University of Michigan on Friday (7-12-24), released the preliminary results of its Consumer Sentiment Index (CSI) for June. The […]
Consumer Price Index Declined in June – Year-Over-Year All-Item Index up 3.0%
The U.S. Bureau of Labor Statistics on Thursday (7-11-24), reported that the Consumer Price Index for All Urban Consumers (CPI-U) […]
MBA’s Mortgage Credit Availability Index Increased for the Sixth Consecutive Month in June
The Mortgage Bankers Association’s (MBA) on Thursday (7-11-24) released its Mortgage Credit Availability Index (MCAI) report for June. According to […]
Fixed Mortgage Rates Inched Lower – in the Week Ending 11th July 2024
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending Wednesday, July 11, 2024. The PMMS […]
For the Ninth Consecutive Week U.S. Median Home Prices Hit New All-Time Record High
Redfin reported on Thursday (7-11-24), that the median U.S. home-sale price hit an all-time high of $397,482 during the four-week […]