Personal incomes rose 0.2% in December 2019, according to the Bureau of Economic Analysis (BEA) to a SAAR of $18,992 […]
News in end use
Mortgage Rates Second Lowest in 3-years
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending 30th January 2020. The PMMS shows […]
Home Ownership Rate Reaches Highest Level Since 2013
The U.S. Census Bureau’s Housing Vacancy Survey (HVS) reports that the U.S. homeownership rate increased to 65.1% in the final […]
British Columbia Investing $450,000 for Training Interior Residents Impacted by Decline in Forest Industry Jobs.
According to a British Columbia Provincial press release, the province is making provisions for up to 25 workers affected by […]
Builder Confidence in 55+ Housing Market Drops in 4th Quarter of 2019
The National Association of Home Builders (NAHB) has reported that builder confidence in the single-family 55+ housing market dropped four […]
U.S. Economic Growth Slows in 2019
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA) has reported that U.S. economic growth slowed to 2.3% in […]
Home Buyers Continue to Struggle with Affordability
Home buyers appear to be more optimistic about future home availability. However, when it comes to affording their new home, […]
Consumer Confidence Grows in January
The Conference Board has reported that following a modest advance in December, the Consumer Confidence Index increased to a reading […]
New Home Sales Financed Through FHA Hits 8-Year High
The U.S. Census Bureau has reported through their Quarterly Sales by Price and Financing Report that FHA-backed sales made up […]
Mortgage Applications Up 7.2% from Previous Week
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 24th January 2020, […]