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Tag Archives: new construction
Housing Starts Fall 10% in May
This number is way below expectations and doesn’t bode well for near-term jobs… Continue reading
Posted in Building & Remodeling, Real Estate Data
Tagged Homebuilders, Housing Starts, new construction
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Selling Into The Rally
The fix is in to stabilize prices through restricting supply. Will the cartel arrangement hold up and permit an orderly liquidation of REO without crashing prices? Continue reading
April Housing Starts Increase
From the U.S. Census Bureau: BUILDING PERMITS Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 606,000. This is 11.5 percent (±1.1%) below the revised March rate of 685,000, but is 15.9 … Continue reading
Posted in Building & Remodeling, Home Economics
Tagged Homebuilders, Housing Starts, new construction, New Home Sales
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Homebuilder Confidence at 2 1/2 Year High Yet Still in the Gutter; Huckster Hype Returns to Las Vegas
Homebuilder confidence is up again, but the headline does not tell the real story. Please consider Homebuilder confidence at 2-1/2 year high in May The NAHB/Wells Fargo Housing Market index increased three points to 22, the highest since August 2007, … Continue reading
New-home buyers re-emerging
Nationwide, sales of new homes jumped 27% in March from the month before and 24% compared with March 2009. A key index of homebuilder stocks is up 16% this year, compared with a rise of 3.4% in the Dow index. One major builder, Lennar Corp., has seen its shares rocket 47%. Continue reading