Apartment construction activity in the U.S. is at a record high, led by some key markets that are logging significant building rates.
Newsfeed: Markets With the Most Multifamily Construction Activity Read More »
With US Macro Surprise data in freefall throughout May, expectations were for Manufacturing sentiment surveys to slide (ISM extending its weakness and PMI confirming its flash dip).
The S&P CoreLogic Case-Shiller national home price index showed prices were up 20.6 percent in March compared with 12-months earlier. That is a faster pace than the 20 percent gain in February.
The emerging multi-polar world now includes foreign-exchange markets — as China and Russia, the biggest challengers to U.S. supremacy, boost direct trading between their currencies.
Newsfeed: US Rivals Shunning Dollar Lifts Yuan-Ruble Trading by 1,067% Read More »
Last year, I pointed out that the foreclosure moratorium, combined with the expiration of a large number of forbearance plans, would NOT lead to a surge in foreclosures and impact house prices …
Newsfeed: Update: Delinquencies, Foreclosures and REO Read More »
US mortgage rates posted the biggest drop in more than two years, offering homebuyers a slight reprieve from this year’s massive surge in borrowing costs.
Newsfeed: Mortgage Rates Fall to 5.1% in Biggest Drop Since April 2020 Read More »
As I noted last year, Inventory will Tell the Tale about the housing market. And inventory levels are now up year-over-year and increasing quickly.
Newsfeed: Realtor.com Reports Weekly Inventory Up 9% Year-over-year Read More »
Populations of cities and towns in the South and West regions of the United States still experienced the most growth from July 2020 to July 2021, with the top 15 fastest-growing cities or towns located in these regions, according to new population estimates for cities and towns, released by the U.S. Census Bureau today.
Newsfeed: Fastest-Growing Cities Are Still in the West and South Read More »
After new- and existing-home sales tumbled, it should have been no surprise that pending home sales dropped in April.
After dismal earnings by such mammoth retailers as Walmart, Targets and this morning’s “horror report” by Abercrombie and Fitch, on Tuesday afternoon we actually got a solid report by Nordstrom, which not only printed strong earnings but also hiked guidance sending the stock higher as much as 12%.
Newsfeed: US Middle Class Is Shutting Down As Spending By The Rich Remains Robust Read More »