Items Tagged with 'U.S. Census Bureau'

ARTICLES

  • Housing starts drop 12.3% in June

    Labor and supply holding construction back
    Housing starts fell 12.3% in June, indicating tariffs and taxes are a deterrence to continual growth, according to the latest report from the U.S. Census Bureau. LendingTree Chief Economist Tendayi Kapfidze said although 3-month average building permits are close to the highest level since 2007, labor shortages are weighing on building activity.
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  • Can Millennials confront the looming threat of aging Baby Boomers?

    The Silent Generation and Baby Boomers sitting on $13.5 trillion in home inventory
    The Silent Generation and Baby Boomers are sitting on a whopping $13.5 trillion worth of home inventory, but aging Boomers are expected to trigger a large exodus from the housing market in upcoming years. Will Millennial homeownership demand fill the void?
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  • New home sales increase 6.7% in May

    This is 14.1% above last year's estimates
    New home sales significantly increased in May, revising last month's rate, according to the new report from the U.S. Census Bureau and the Department of Housing and Urban Development. One expert attributes the increase to a resilient housing market.
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  • New home construction slowly gains ground

    But total housing starts drop in April
    New home construction increased slightly in April, while a drop in the multifamily sector caused housing starts to fall. But despite this slight increase, housing experts are not impressed and explained new construction is lagging significantly behind its historic averages.
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  • New home sales continue to slip in 2018

    But increased slightly from last year
    After plummeting in January, new home sales fell slightly lower in February, however, they still remained slightly above last year’s pace. Many experts explained that while new home sales are off to a slow start, they are still expected to pick up later in the year, driving growth in the housing market in 2018.
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  • New home sales unexpectedly plummet in January

    Falls from decade-high pace set in 2017
    New home sales decreased significantly in January, falling from 2017’s decade-high pace. Experts explain the drop was unexpected and disappointing, but point out there are still a few reasons to be optimistic in January’s report.
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  • New home construction sets strong pace for 2018

    On track for strongest year since housing crisis
    Housing starts increased in January, starting 2018 off at a strong pace; however, it is unclear if that pace will continue. While some experts are predicting a booming year for housing starts, others say January’s pace could have been better.
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