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    Year-over-Year Decline for Construction Job Openings

    Friday January 17th, 2020 08:41:23 PM
    Robert Dietz

    Data from the BLS Job Openings and Labor Turnover Survey (JOLTS) indicate that construction job openings posted a monthly decline in November and a substantial decrease on a year-over-year basis. The estimated number of job openings declined from the October total (326,000) to 214,000 in November, after reaching a post-Great Recession high of 434,000 in April. The November 2019 count of… Read More ›

    Strong Growth Rate for Housing Starts Going into 2020

    Friday January 17th, 2020 03:14:41 PM
    Danushka Nanayakkara-Skillington

    Total housing starts posted a 16.9 percent increase in December (1.608 million units) compared to a upwardly revised November estimate of 1.375 million units according to the joint data release from the Census Bureau and HUD. Relative to December 2018, total starts are 40.8 percent above the annual pace of 1.14 million units, a pace that will likely be revised… Read More ›

    Builder Confidence Begins Year Strong as Single-Family Growth Continues

    Thursday January 16th, 2020 03:01:26 PM
    Robert Dietz

    Builder confidence in the market for newly-built single-family homes edged one point lower to 75 in January, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The last two monthly readings mark the highest sentiment levels since July of 1999. Low interest rates and a healthy labor market combined with a need for additional inventory… Read More ›

    Building Materials Price Growth Slowest Since 2015

    Wednesday January 15th, 2020 06:21:27 PM
    David Logan

    Prices paid for goods used in residential construction advanced 0.2% in December (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices increased 0.1% per month, on average, in 2019. The price of goods used in residential construction rose 1.5% over the year, representing a 0.4ppt slowdown from the… Read More ›

    Slow Rebound in Single-Family Permits in November

    Wednesday January 15th, 2020 02:00:39 PM
    Danushka Nanayakkara-Skillington

    Over the first eleven months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 791,452. On a year-over-year (YoY) basis, this is a 1.0% decline over the November 2018 level of 799,679.   Year-to-date ending in November, single-family permits reported declines in three regions and a slight increase in the South. The Northeast reported the steepest… Read More ›



    CNN – Real Estate News

    Should 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 sight

    Tuesday 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 more

    Tuesday 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 tanks

    Tuesday August 7th, 2018 04:55:43 PM

    Read full story for latest details.



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