Category Archives: Home & Garden

Homeowners’ Equity Continues to Improve

The Board of Governors of the Federal Reserve System published the Financial Accounts of the United States for the second quarter of 2017. The balance

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Apartment Absorption Flat While Condo Absorption Climbs

The Census Bureau, in collaboration with the Department of Housing and Urban Development (HUD), recently released the Survey of Market Absorption (SOMA), which tracks apartment

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Implications Of FOMC Normalization Process For Mortgage Rates

In its statement, the Federal Open Markets Committee (FOMC) left its key interest rate unchanged at a range of 1.0 to 1.25 percent. As signaled

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Single-Family Starts Post Slight Gain in August

The pace of single-family starts posted a slight gain in August, albeit over downwardly revised estimates of the rate of July construction. Nonetheless, the three-month moving

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Builder Confidence Drops As Hurricanes Add Uncertainty

Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading

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Inflation Accelerated in August

The Bureau of Labor Statistics (BLS) reported that its seasonally adjusted Consumer Price Index – Urban Consumer (CPI) rose by 0.4 percent over the month

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Softwood Lumber, OSB Lead August Price Increases

The prices of softwood lumber, OSB, and ready-mix concrete increased by 2.5%, 2.9%, and 0.5%, respectively, in August according to the latest Producer Price Index

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Construction Job Openings Rise During Summer

The count of unfilled jobs in the construction sector continued to rise in July, following an increase in June and a soft month in May. Given the significant need

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Sources of Home Buyers and New Renters

According to NAHB’s latest special study, households who recently changed addresses fall into a natural order:  1) Buyers of Newer Homes, 2) Buyers of Older

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New Single-Family Housing Starts by Divisions in 2016 – Long Road Back to Normal

NAHB analysis of the Survey of Construction (SOC) shows that, nationally, there were 779,082 new single-family units started in 2016, 10% higher than 2015. According

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