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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingHousing Starts Rise in AugustWednesday September 19th, 2018 01:36:24 PM
Total housing starts posted a gain in August, led by a jump in multifamily production. However, weaker single-family permit data and expected disruption effects from Hurricane Florence will place downward pressure on starts data next month. Total housing starts increased 9.2% in August and are 6.9% higher for 2018 than in 2017 on a year-to-date basis, according to the joint… Read More ›
Builder Confidence Remains Firm in SeptemberTuesday September 18th, 2018 02:01:53 PM
Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 67 reading in September on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Despite rising affordability concerns, builders continue to report firm demand for housing, especially as millennials and other newcomers enter the market. The recent decline in lumber prices from record-high levels… Read More ›
Western and Southern States Posts Single-Family Residential Permits GrowthMonday September 17th, 2018 01:00:43 PM
Over the first seven months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 521,438. On a year-over-year basis, this is a 7.0% increase over the July 2017 level of 487,495. The preliminary results from the New Residential Construction Survey are similar, year-to-date single-family permits over the first seven months of 2018 was, 522,200 which is… Read More ›
Lumber, OSB Prices Retreat in August as Gypsum Reaches New HighThursday September 13th, 2018 08:39:31 PM
Residential construction goods input prices declined, on average, in August as large monthly increases and decreases offset each other, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Although the index for inputs to residential construction fell by 0.5% (not seasonally adjusted), it has increased more than twice as much in 2018 (+4.9%) as… Read More ›
A Modest Increase in the “Core” CPI in AugustThursday September 13th, 2018 02:39:36 PM
The CPI increased by 2.7% at a seasonally adjusted annual rate while the “core” CPI rose modestly in August. The Consumer Price Index (CPI), reported by the Bureau of Labor Statistics (BLS), rose at a seasonally adjusted annual rate of 2.7% in August, after the 2.1% increase in July. Excluding the volatile food and energy components, “core” CPI increased at… Read More ›
CNN – Real Estate NewsShould I get a fixed- or adjustable-rate mortgage?Wednesday August 8th, 2018 02:19:25 PM
Read full story for latest details.
Toll Brothers’ record shows the housing boom has no end in sightTuesday August 21st, 2018 04:35:35 PM
Read full story for latest details.
What will your monthly mortgage payment be?Monday February 2nd, 2015 03:53:13 PM
In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.
Looking for a home in Berlin or Budapest? Prepare to pay moreTuesday July 17th, 2018 11:28:00 AM
Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank.
Zillow buys a mortgage lender and the stock tanksTuesday August 7th, 2018 04:55:43 PM
Read full story for latest details.
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