Sales of U.S new houses, those under construction and property whose construction is yet to begin have unexpectedly risen in March 2019, exceeding the estimates that had been made from survey data. The statistics obtained from sample surveys shows that the number of new houses sold rose to 692, 000, while the available houses for […]
NEWS
Housing news and headline coverage of local, national and global real estate events curated for your reference and housing market analysis.
U.S. existing home sales book 4.9% decline March 2019
March home sales declined some 4.9% after a robust February though analysts aren’t terribly concerned about the dip, citing rising inventories as the market’s way of keeping home prices in check. That’s the conclusion offered by the National Association of Realtors in their assessment of the current state of the market. Chief economist for the […]
Positive, yet cautious optimism on U.S. housing market
Introduction The U.S. Housing Market in Q1 2019 continued a year-long trend of positive shifts that saw an increase in both new and existing home sales, relatively low foreclosure rates, and falling mortgage rates, suggesting that the market is poised for a strong year. With the housing market boasting some of the best overall numbers […]
2019 Housing market outlook pegged to U.S. economy
The housing market in the U.S. is monitored not only by prospective buyers and sellers of property, but also by the general investing public to gauge a measure of the current state of the U.S. economy. In essence, housing market movements have historically provided valuable insights as to the future outlook of the American economy, […]
2019 Sends mixed message to the U.S. housing market
As we start to receive the data for the first fiscal quarter of 2019, there have been conflicting indications of the current strength of the housing market in the U.S. At a macro level, the American economy is in good shape and the strength of the economy tends to be a strong leading indicator for […]
