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Industry News (Sources: NAHB & CNN) |
NAHB Eye on HousingCustom Home Building Annual ShareThursday December 13th, 2018 03:07:51 PM
According to data from the Census Bureau’s Survey of Construction (SOC), the custom home share declined to 20 percent of all single family homes started in 2017—lowest since mid-2000. Contractor-built or owner-built houses – that together make up the custom home market – are built one at a time for owner occupancy on owner’s land with either the owner or… Read More ›
Headline Inflation Flat in NovemberWednesday December 12th, 2018 05:32:52 PM
The pace of headline inflation slowed from 0.3% in October to 0.0% in November as energy prices declined sharply. The Consumer Price Index (CPI), reported by the Bureau of Labor Statistics (BLS), was unchanged in November on a seasonally adjusted basis, following a 0.3% increase in October. The “core” CPI, which excludes the volatile food and energy components, increased by… Read More ›
OSB, Lumber, and Gypsum Lead Building Materials Prices Lower in NovemberTuesday December 11th, 2018 07:34:12 PM
Softwood lumber prices fell 3.0% in November the second consecutive decrease for the index to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 23.6% (not seasonally adjusted) since setting cycle and all-time highs in June (see below). After the decrease, the index level is 9.6% lower… Read More ›
Non-Revolving Debt Drives Consumer Credit GrowthMonday December 10th, 2018 05:10:38 PM
Preliminary consumer credit data for October 2018 released by the Federal Reserve Board’s G.19 Consumer Credit report indicate an increase in outstanding credit of about 7.75% (SAAR) during the third quarter. Revolving credit increased at an annual rate of 10.75%, while nonrevolving credit increased at an annual rate of 6.75%. Revolving credit plans, which is largely composed of credit card… Read More ›
Uptick for Construction Job Openings in OctoberMonday December 10th, 2018 03:25:41 PM
The count of unfilled jobs in the construction sector increased in October, although the total remained lower than the August estimate, which marked a post-recession high. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis, the number of open construction sector jobs expanded to 292,000 in October. The open position rate (job openings as a… 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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