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Tag Archives: housing

New-Home Sales Finishing 2013 on a High Note

Sales of newly built, single-family homes declined 2.1 percent to a seasonally adjusted annual rate of 464,000 units in November from an upwardly revised strong pace of 474,000 units in the previous month, according to data released today by the …

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Builder Confidence Improved in December

Builder confidence in the market for newly built, single-family homes improved four points to a 58 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for December. This gain reflected improvement in all three index components—current …

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RETAIL THERAPY: The Right Stuff

When I was younger I wanted to open a chain of stores. The stores would be part shoe retailer, part hair salon and part pub, and I wanted to name them Jaime’s Shoes, Dos and Brews. While this was just …

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Builder Confidence Holds Steady in November

Builder confidence in the market for newly built, single-family homes was unchanged in November according to the National Association of Home Builders/Wells Fargo Housing Market Index. For the sixth consecutive month, more builders have viewed market conditions as good than …

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Pending Home Sales Decline in October

Pending home sales were down in October, a decline the National Association of Realtors® attributed to the government shutdown. The Pending Home Sales Index, a forward-looking indicator based on contract signings, slipped 0.6 percent to 102.9 in October from 102.7 in …

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Home Improvement Spending Expected to Slow Down by Mid-2014

The home remodeling market continues to grow, with strong gains predicted through the beginning of 2014, according to the Leading Indicator of Remodeling Activity (LIRA) recently released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. …

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Existing-Home Sales Drop in September

After hitting the highest level in nearly four years, existing-home sales declined in September, but limited inventory conditions continued to pressure home prices in much of the country, according to the National Association of Realtors®. Total existing-home sales declined 1.9 percent to a …

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