Items Tagged with 'Census Bureau'

ARTICLES

  • New home sales finish 2017 at highest level in a decade

    More new homes sold last year than in any year since 2007
    Earlier this week, a report from the National Association of Realtors showed that 2017 was the best year for existing home sales since 2006. As it turns out, existing homes weren’t the only ones selling at a record level last year.
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  • New home construction rises in 2017, closes year on positive note

    Housing starts, completions, and permits all increased over 2016
    From the looks of it, 2017 ended up being a pretty decent year for new home construction. On Thursday, the Census Bureau and HUD provided a look at the December data on new home construction, and the report shows that building permits, housing starts, and housing completions all increased in 2017.
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  • Homeownership rate rises to highest level since 2014

    Continues slow trek back above historic lows
    The national homeownership rate continued its slow trek back above last year’s historic lows in the third quarter, rising to levels not seen since 2014. The homeownership rate is now a full percentage point above 2016’s second quarter, when it fell to it lowest level since 1965.
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  • Homeownership rate falls again, nearing all-time low

    So much for the supposed recovery
    Just over two months ago, it seemed like there might finally be a light at the end of the tunnel as the homeownership rate in the United States increased for the second straight quarter, after falling to a 48-year low in the second quarter of 2015. But as it turns out, that growth may have been a mirage.
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  • Yes, housing starts fell in December, but all is not lost

    November’s upwardly revised totals make December look a little worse
    The housing start rollercoaster continued in December, with housing starts falling in December from November, which saw a significant increase from October’s unexpectedly dramatic drop. But several economists noted that the December data, while appearing negative, is actually a positive for housing.
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  • Housing starts bounce back in November

    Last major housing news before Fed announcement
    In light of the upcoming Fed announcement, one housing economist said, "The choppy monthly numbers have been on a gradual trend in a positive direction and the strong monthly permits bodes well as we enter the new wave of interest rate increases by the Federal Reserve."
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