The housing market offers one of the few bright spots in the U.S. economy with homebuilders seeing record-setting sales numbers. The U.S. Census Bureau and U.S. Department of Housing and Urban Development released July’s new home sales data this week that bolsters this trend.
Shiny and New: New Home Sales Continue Upward Trajectory
Posted
August
27,
2020 by
Bill Walker
Building Anxiety: Housing Starts Plummet
Posted
May
21,
2020 by
Bill Walker
On Tuesday morning, new data was released by the Census Bureau on housing starts in the U.S. And the picture is rather bleak. April privately-owned housing starts were at a seasonally adjusted rate of 891,000, which is a 30.2 percent drop from March of this year. It is also 29.7 percent below the April 2019 rate.