Category: Uncategorized

Lower mortgage rates and tight existing inventory helped push March new home sales up 7.4% month-over-month and 6% year-over-year, the NAHB said. WASHINGTON — A modest decline in mortgage rates and lean existing inventory helped boost new home sales in March even as builders and consumers contend with uncertain market conditions. Sales of newly built,…

With the caveat that pretty much any economic data collected before April’s tariff bonanza should be taken with a grain of salt — salt that hopefully isn’t imported — the Census Bureau dropped some fresh numbers this morning on newly constructed home sales in March. Turns out, sales were pretty strong last month, up 7.9%…

The number of new homes completed last month was up nearly 10% compared to a year earlier. But further up the housing pipeline, things are not looking so bright. The number of new single-family housing starts — projects that began construction — dropped by 14% in March. That metric can be volatile month to month. But at…

Lower mortgage rates and tight existing inventory helped push March new home sales up 7.4% month-over-month and 6% year-over-year, the NAHB said. WASHINGTON — A modest decline in mortgage rates and lean existing inventory helped boost new home sales in March even as builders and consumers contend with uncertain market conditions. Sales of newly built,…

Jeff Ostrowski April 23, 2025 at 3:00 PM Homes are acutely unaffordable, a reality that’s pushing stressed-out buyers to consider fixer-uppers. While older homes might offer bargains upfront, there’s a catch: Aging properties saddle owners with maintenance costs that squeeze budgets and test patience. Homebuyers need nearly $117,000 in household income to afford a home,…

President Donald Trump’s raft of tariffs is set to expose just how vulnerable the US stock market is to a trade war.The track record of S&P 500 Index companies over the past two decades suggests their ability to withstand additional levies is fragile,

The number of new homes completed last month was up nearly 10% compared to a year earlier. But further up the housing pipeline, things are not looking so bright. The number of new single-family housing starts — projects that began construction — dropped by 14% in March. That metric can be volatile month to month. But at…

Lower mortgage rates and tight existing inventory helped push March new home sales up 7.4% month-over-month and 6% year-over-year, the NAHB said. WASHINGTON — A modest decline in mortgage rates and lean existing inventory helped boost new home sales in March even as builders and consumers contend with uncertain market conditions. Sales of newly built,…

Jeff Ostrowski April 23, 2025 at 3:00 PM Homes are acutely unaffordable, a reality that’s pushing stressed-out buyers to consider fixer-uppers. While older homes might offer bargains upfront, there’s a catch: Aging properties saddle owners with maintenance costs that squeeze budgets and test patience. Homebuyers need nearly $117,000 in household income to afford a home,…

With the caveat that pretty much any economic data collected before April’s tariff bonanza should be taken with a grain of salt — salt that hopefully isn’t imported — the Census Bureau dropped some fresh numbers this morning on newly constructed home sales in March. Turns out, sales were pretty strong last month, up 7.9%…