Reports to Watch The week is full of key economic data from a variety of sectors. Housing data hits on Tuesday with New Home Sales followed by Existing Home Sales on Wednesday. As usual, weekly Initial Jobless Claims will be … Continue reading
Housing Starts, which measure when excavation begins on a home, surged 25.5 percent in October from September. It was the highest level since September 2007. Single-family starts, which make up the largest share of the market, jumped nearly 11 percent, … Continue reading
In November, Americans went to the polls to exercise their right to vote for president—and global markets took notice. When Donald Trump was declared president elect, market reactions were wild, driving Stock prices higher while Mortgage Bonds—and the home loan … Continue reading
Builder Confidence in September jumped to its highest level since October 2015, as reported in the National Association of Home Builders (NAHB) Housing Market Index. The NAHB gauges builder perceptions of current single-family home sales and sales expectations for the … Continue reading
Recent data suggests a rebound in the housing market. The National Association of Home Builders Housing Market Index rose to 61—the highest reading since November 2005. This survey gauges builder confidence on single-family home sales and expectations for the next … Continue reading
Spring brought a hopeful thaw to housing data, as markets looked forward to things heating up in time for summer. Pending home sales were reported 14 percent higher than a year ago, and are at their highest level in nine … Continue reading
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