Existing-home sales improved in May and remain solidly above a year ago, while the median price continued to rise by double-digit rates from a year earlier, according to the National Association of Realtors. Total existing-home sales rose 4.2 percent to a seasonally …
Read More »Tag Archives: housing
Builder Confidence Surges in June
Builder confidence in the market for newly-built single-family homes surged eight points in June to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading higher than 50 indicates more …
Read More »Housing Starts Up 6.8 Percent in May
Nationwide housing starts rose 6.8 percent to a seasonally adjusted annual rate of 914,000 units in May due primarily to increased production of multi-family homes, according to released data from the U.S. Department of Housing and Urban Development and the …
Read More »Pending Home Sales Increase in April
Pending home sales improved slightly in April and continue to be well above a year ago, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 0.3 percent to 106 in April from …
Read More »New-Home Sales Increase 2.3 Percent in April
Sales of newly built, single-family homes rose 2.3 percent to a seasonally adjusted annual rate of 454,000 units in April, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The gain builds on a …
Read More »Builder Confidence Improves in May
Builder confidence in the market for newly built, single-family homes improved three points to a 44 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for May. This gain, from a downwardly revised 41 in April, …
Read More »