Home buyers appear to be more optimistic about future home availability. However, when it comes to affording their new home, […]
News in end use
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, […]
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 […]