According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 24th January 2020, […]
News in end use
Pending Home Sales Fall in December
The National Association of Realtors® (NAR) has reported that their Pending Home Sales Index (PHSI), slipped <-4.9%> in December, after […]
November Home Prices Continue to Rise
According to the S&P CoreLogic Case-Shiller National Home Price Index report for November, nationally home prices increased 3.5%, up from […]
Slight Dip in New Home Sales in December
The U.S. Department of Commerce and the U.S. Census Bureau have jointly announced the new residential sales statistics for December […]
U.S. Millwork Manufactures Petition for Fair Trade in Wood Mouldings between China, Brazil and the U.S.
In a petition filed with the U.S. Department of Commerce and the U.S. International Trade Commission (ITC), the Coalition of […]
U.S. Housing Market Underbuilt by 3.8 Million New Homes
Between 2012 and 2019 realtor.com® found that 5.9 million single-family homes were constructed. However, 9.8 million new households were formed […]
NAHB 2020 “Priced Out” Estimates Explores the Impact on New Home Buyers
The recently released National Association of Home Builders 2020 “Priced Out” Estimate reveals that, if the median new home price […]
Mortgage Rates at 3-Month Lows
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending 23rd January 2020. The PMMS shows […]
Remodeler’s Confidence 3 Points Higher in Final Quarter of 2019
The National Association of Home Builders (NAHB) has posted the results of their Remodeling Market Index (RMI) for the 4th […]
Annual Inflation Rate Holds Steady in Canada at 2.2%. BOC Leaves Interest Rates Unchanged.
Statistics Canada is reporting that Canada’s annual inflation rate held steady, at 2.2% in December. Maintained by higher energy prices and […]