The latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) indicates that builder confidence in the market for […]
News in end use
Building Materials Price Growth Slowest Since 2015
According to the Bureau of Statistics December Producer Price Index (PPI) the prices paid for materials used in residential construction […]
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 […]