Tag: home buying

Housing Inventory Hits a Low

Low housing inventory causes both existing and new home sales volumes to fall.  After four solid months of a steady increase,  Durable goods tapered off. Existing Home Sales Sales of existing single-family homes, townhomes, condominiums, and co-ops, dropped 2.3 percent in April to an annual rate of 5.57 million according […]

Retail and Consumer Prices Fall

Retail sales took a fall, as did consumer prices, while housing starts posted solid gains. Retail Sales Retail sales fell 0.1 percent in February to hit $447.3 billion, according to last week’s report from the Census Bureau. February’s performance was slightly below projections of a 0.2 percent decline and not […]

New Home Sales Hit Record High

Sales of new homes hit their highest level in 10 months, while layoffs saw a sizable decline, and GDP continued to grow, but at a slower rate. New Home Sales Sales of new homes got a shot in the arm in December, with completed transactions of new single-family homes growing […]

Home Sales Bounce Back

Existing home sales bounced back while new home construction fell off, and layoffs took an unexpected jump. Existing Home Sales Sales of existing homes enjoyed a rebound in December, with completed transactions of single-family homes, townhomes, condominiums, and co-ops, growing a solid 14.7 percent to hit an annual rate of […]