Items Tagged with 'Census Bureau'

ARTICLES

  • Decreasing home sales signal homebuilder pessimism

    New home sales decrease 5.3% in June
    New home sales decreased in June but slightly increased from last year, according to the new report from the Census Bureau and the Department of Housing and Urban Development. Zillow Senior Economist Aaron Terrazas questions if sputtering permits in the first half of 2018 could possibly reflect growing homebuilder pessimism.
    Read More
  • Housing construction modestly grows despite rising costs

    Lumber costs deterring growth
    Although construction slightly increased in May, construction prices prove to be a deterrence to growth, according to the latest report from the U.S. Census Bureau. One expert states that more jobs could possibly lead to an increase in production, however, builders are still worried about the increase in construction prices.
    Read More
  • Report: Hispanic household wealth continues to climb

    But politics threaten long-term commitment
    Financial investments are accelerating among the U.S. Hispanic population, but today's current political climate is causing hesitation about long-term financial commitments, according to the Hispanic Wealth Project's 2018 annual report.
    Read More
  • Is the rent finally too damn high? Rent households fall again, homeownership holds steady

    Median asking rent continues climbing
    Is a combination of high rents and shifting demographics driving a move from renting to buying? The latest data from the Census Bureau shows that may be exactly what’s happening. On Thursday, the Census released its quarterly report on residential vacancies and homeownership. And the report had some good news and bad news, depending on which industry you’re in.
    Read More
  • 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.
    Read More
  • 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.
    Read More
  • 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.
    Read More