1/3/2024 – MetroIntelligence Economic Update by P. DUFFY
MetroIntelligence Economic Update by P. DUFFY Falling mortgage rates in 2024 predicted to help unfreeze the housing market For
Read MoreMetroIntelligence Economic Update by P. DUFFY Falling mortgage rates in 2024 predicted to help unfreeze the housing market For
Read MoreA return to the normal economic relationship between mortgage rates and home sales is expected By Brad Hunter It has
Read MoreIndustry expert discusses the 2024 housing market outlook, builder challenges and what they need to do for a successful year
Read MoreUS Single-Family Housing Starts Scale More Than 1-1/2-Year High U.S. single-family homebuilding surged to more than a 1-1/2-year high in
Read MoreSingle-family home construction in the U.S. experienced a substantial increase in November and may continue to gather momentum, as the
Read MoreThis week, a sequence of reports indicated a revival of activity: Housing starts reached a six-month peak, sales of pre-owned
Read MoreNew-home construction saw a substantial surge in November amid the persisting housing shortage in the nation. According to Tuesday’s report
Read MoreAccording to the Census Bureau, U.S. companies initiated construction on a remarkably high number of houses in November. The data
Read MoreIncreased mortgage rates negatively impacted new home sales in November. However, with the economy now seemingly beyond the peak interest
Read MorePer the National Association of REALTORS® (NAR), existing-home sales grew in November, breaking a streak of five consecutive monthly declines.
Read MoreBuilder Sentiment Rises Falling mortgage rates helped end a four-month decline in builder confidence, and recent economic data signal improving
Read MoreIn December, home builder sentiment saw an upward trajectory, halting a four-month consecutive decline. The National Association of Home Builders
Read MoreAmidst the persistent upheaval in mortgage rates, builders nationwide are strategically employing mortgage rate buydowns to invigorate home sales. A
Read MoreDespite facing persistent headwinds, the United States homebuilding industry proved to be resilient By Cristian deRitis The past year was
Read MoreThe latest employment report for November, released today, indicates an increase of 199,000 workers added to payrolls by companies. This
Read MoreMetroIntelligence Economic Update by P. DUFFY October job openings fall to lowest level in 32 months The number of
Read MoreWhat Is the 2024 Economic Outlook for the Property Industry? From incremental home sales increases to gradually declining mortgage rates,
Read MoreReflecting on 2023, the NAHB leader discusses trends, advice and the future of homebuilding Builder and Developer: What is the
Read MoreAccording to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the
Read MoreIn 2024, the housing market will not be pandemic hot, nor monetary-tightening cold, but it may not be quite right
Read MoreNext week will see the release of October’s new home sales figures by the Commerce Department. In a recent announcement,
Read MoreBuyers will finally see lower prices (-1.7%) and mortgage rates of 6.8% (on average), but may scramble to find inventory
Read MoreHome Construction Unexpectedly Rose in October New home construction unexpectedly rose in October, even as mortgage rates touched the highest
Read MoreThe National Association of Home Builders (NAHB) is indicating potential improvements in housing conditions in the upcoming months based on
Read MoreThe rate of new home construction experienced a boost last month in the face of a historically low housing inventory
Read MoreBuyer Demand Hanging Tough Despite mortgage rates reaching 23-year highs, low inventory levels are spurring surprisingly strong competition, according to
Read MoreIn September, just over one-third (34.1%) of United States home sales were made in all cash. This is up from
Read MoreThe highest percentage share of any third quarter on record in U.S. home sales. According to Residential Estate News, Newly
Read MoreFannie Mae Study: Why Homeowners Are Staying Put As housing needs changed and mortgage rates moved lower, home sales jumped,
Read MoreIt’s slightly more financially prudent to rent versus own, but the dynamic is trending toward owning once more, thanks to
Read MoreHere Are the 7 Best Cities To Build in This Fall The dream? Drop into the market when prices, mortgage
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