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New Home Sales Increase For The Second Straight Month
Sales of newly-built homes surprised Wall Street, jumping 7 percent to an seasonally-adjusted, annualized 323,000 units last month. In addition, the supply of new homes dropped to 6.5 months — a...
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Housing Starts Surge 9 Percent; Signal A Strong Fall Season
Builders are busy once again. According to the Census Bureau, Single-Family Housing Starts rose to 453,000 on a seasonally-adjusted, annualized basis in June – a 9 percent spike from the month prior...
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Homebuilders Expect A Soft Winter Housing Market
Two months after posting their worst confidence reading of 2011, home builders say they foresee no improvement in the immediate- or medium-term market for new homes nationwide. In August, for the...
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Homebuilder Confidence Rises on Surging Sales Volume, Foot Traffic
Homebuilder confidence is rebounding sharply. Just one month after falling to a multi-month low, the Housing Market Index rebounded four points to 18 for October. It’s the highest reading for the HMI...
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Homebuilders Getting Optimistic; Higher Home Prices Ahead?
Homebuilder confidence continues to rise. Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It’s the second...
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Housing Starts Rising; New Construction Turns The Corner?
Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase...
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Home Builders Experiencing Heavy Foot Traffic And Higher Sales Volume
In another good sign for the housing market, today’s home builders believe that the housing market has turned a corner. For the third straight month, the Housing Market Index — a home builder...
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Home Builders See More Sales, Higher Prices Ahead
Homebuilder confidence is soaring. For the fourth straight month, the National Association of Homebuilders reports an increase in its Housing Market Index. The index climbed 4 points to 25 this month...
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Homebuilder Confidence Returns To Pre-Recession Levels
New construction buyers in District of Columbia , look out. The nation’s home builders are predicting a strong 2012 for new home sales. It may mean higher home prices as the spring buying season...
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