Items Tagged with 'housing inventory'


Construction spending rises to 7-year high

Residential construction rises 1.3% from June
Overall construction spending during July 2015 was estimated at a seasonally adjusted annual rate of $1,083.4 billion, 0.7% (±1.5%) above the revised June estimate of $1,075.9 billion, the Census Bureau reported Tuesday. Here's what it means for housing.
Read More

New home sales jump 5.4% in July to 507K

July’s reading a 25.8% gain in one year
New home sales showed solid if expected gains in July. And while volatility is common for new home sales, other housing data released last week suggest it's not a blip, analysts say. Here's the breakdown.
Read More

Existing home sales rise for third month in a row

But low inventories, high new home rices push out first-time buyers
Existing home sales steadily increased for the third consecutive month in July, while stubbornly low inventory levels and rising prices are likely to blame for sales to first-time buyers falling to their lowest share since January.
Read More