Tag: new home sales

Sales of existing homes capped off as best year in a decade

  Existing home sales saw their best annual sales in 10 years, while new home sales tumbled to a 10-month low. Meanwhile, layoffs surged, but remained in safe territory.   Existing Home Sales Sales of existing homes capped off 2016 as their best year in a decade, according to data […]

Construction on New Home Increases

Starts on new home construction shot up, while layoffs tumbled, and consumer prices increased. Housing Starts Starts on new home construction shot up, while layoffs tumbled, and consumer prices increased. Housing shot up, ending what has been the best year for construction starts since the housing boom year of 2007. Construction […]

Market Report – Home Sales, Personal Spending & Job Claims

  New home sales were down but outpaced market expectations, while lay-offs crept up but remained well inside safe territory, and personal incomes were up. New Home Sales The big news last week was new home sales for August, which hit an annual rate of 609,000, according to last week’s […]

Layoffs Decrease and Homes Sales Decline

  The pace of existing home sales fell, while housing starts were down, and layoffs continued to decline. Existing Home Sales Existing home sales slowed for the second month in a row, falling 0.9 percent to an annual rate of 5.33 million in August, according to last week’s report from […]

Housing Inventory Continues to Drop

Existing home sales slowed, while new home sales enjoyed solid enough growth to hit a record high, and lay-offs saw a small, unanticipated decline. Existing Home Sales After two months of gains caused by increased purchases by first-time buyers, tight inventory finally caught up with existing home sales. Transactions of […]