Items Tagged with 'U.S. Census Bureau'

ARTICLES

Experts: New home sales need to double to hit historic norms

Experts point out new home sales still high compared to 2016
After several months of high gains in new home sales, sales of new single-family homes came tumbling back down in April. Many experts agree the drop was somewhat expected and remains high compared to last year. However, new home sales still lag behind the historic average.
Read More

New home sales plummet more than 11% in April

Housing inventory sees relief
New home sales plummeted in April from the previous month, possibly showing a new cooling in the market. As home sales dropped, so did home prices even as housing inventory increased. But does this mean the market is cooling off? Perhaps only time will tell.
Read More

New home construction takes a blow in April

But housing starts see slight increase
Following last month’s slowdown in new home construction, April continued the slow movement as building permits fell and housing starts decreased. Starts for single family homes were up slightly from the month before, but with building permits down, the increase may not last long.
Read More

First quarter homeownership rate underwhelms

Black homeownership rate increases slightly
Homeownership rates held steady in the first quarter in what one economist called an underwhelming report. The homeownership rate continues to hover near all-time lows, and only Black households saw a notable difference in their rate in the first quarter.
Read More

New home sales soar above market expectations

Increased over 15% from last year
New home sales surged in March with double digit increases from last year and even significant progress from February. The numbers beat the market’s expectations, and one expert points out the spring home-buying season is already off to a busy start.
Read More

These 4 charts break down the details behind Millennials living at home

Plus the who, what, where, why, and how
Student debt, housing affordability and income are commonly tossed out as the culprits behind Millennials needing to move back in with their parents. The details, however, are a little more complicated than that. These four charts break down what Millennials living at home looks like (and we're not talking about their bedrooms).
Read More

New home sales surge, beat expectations in February

Median home prices fall
New home sales surged in February, beating out expectations. However, even as home sales rose and inventory tightened, the median home price fell for the second consecutive month. In fact, new homes aren’t the only sales to see a relief in rising homes prices.
Read More

New home sales are up, but pace disappoints

Housing inventory remains down
New home sales increased in December, but industry experts are not impressed. Given the unusually high temperatures throughout the winter and the high demand for housing, experts expected new home sales to come out with much stronger numbers.
Read More

Housing starts begin year slightly lower

News comes after record 2016
While last year posted the best year for housing starts since 2007, this year didn't quite keep up the trend. Looking at the latest release from the U.S. Census Bureau and the Department of Housing and Urban Development, housing starts began the year off slightly down.
Read More