The National Association of Realtors®(NAR) has reported that lower mortgage rates in January, helped to increase the number of house […]
News in end use
January 2020 Existing Home Sales Off to Strong Start
The National Association of Realtors® (NAR) has reported that total existing-home sales, which includes single-family homes, condominiums, co-op and townhouses […]
Single Family Built-for-Rent Construction Slows in 2019
The single-family homes built for rent (SFBFR) rarely draws much attention in the U.S. Census Bureau’s Quarterly Starts and Completions […]
January 2020 Single-Family Permits Rise Above 12-year High
The U.S. Census Bureau reports that single-family authorizations, as permits are commonly known as, jumped 987,000 at a seasonally adjusted […]
Producer Price Index on Construction Materials Up 0.5% in January
According to the Department of Labor, Bureau of Labor Statistics, The Producer Price Index (PPI) on prices paid for goods […]
Fannie Mae Ups GDP Expectations for 2020 and 2021
Fannie Mae’s Economic and Strategic Research (ESR) group is upgrading its forecast for business fixed investments (BFI) for the second […]
Mortgage Applications Drop in the Week Ending February 14th, 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending February 14th, 2020, […]
January Housing Starts Remain Strong
The U.S. Census Bureau has reported that Privately‐owned housing starts in January were at a seasonally adjusted annual rate of […]
Canadian Home Sales Decline in January
The Canadian Real Estate Association (CREA) is reporting that a slowdown in Lower Mainland of British Columbia resulted in Canadian […]
U.S. Consumer Sentiment Reaches 2-year High
According to the University of Michigan Survey of Consumers, consumer sentiment rose 1.1% to a reading of 100.9 in February […]