According to the Bureau of Statistics December Producer Price Index (PPI) the prices paid for materials used in residential construction […]
News in end use
Number of Bedrooms in New Single-Family Homes Continues to Decline
The U.S. Census Bureau’s Survey of Construction’s (SOC) estimate of the number of bedrooms in new single-family homes has shown […]
Mortgage Applications Increase 30.2% from Previous Week
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending 10th January 2020, […]
US – China Phase 1 Trade Deal Offers No Relief for Homebuilders
Phase 1 of the US – China trade deal is scheduled to be signed on Wednesday January 15th. However, home […]
Core Inflation Increases Modestly in December
The U.S. Bureau of Labor Statistics has reported that the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% […]
Consumer Confidence Falls in December 2019
The Conference Board has reported that their Consumer Confidence Index, slipped 0.3 points from 126.8 to 126.5 in December, as […]
Canadian Housing Starts Unexpectedly Fall in December
The Canadian Mortgage and Housing Corporation (CMHC) has reported that the seasonally adjusted annualized rate of housing starts fell to […]
U.S. Mortgage Rates Drop Again
Freddie Mac has reported the results of its Primary Mortgage Market Survey®. The weekly average rate for new mortgages, as […]
Shortage of Homes For Sale has Spread Across All Price Ranges
According to Realtor.com the supply of homes for sale was in December 2019, was 12% lower when compared to December […]
Mortgage Applications Decline 1.5% from 2 Weeks Earlier
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 3, 2020, […]