Tag Archives: Housing Starts

Home builder confidence stalls in September

There is certainly plenty of pent-up demand, especially among younger, first-time home buyers, but many of them are still struggling in today’s job market, either unable to find steady work or not earning enough to afford today’s higher down payment … Continue reading

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Home sales suffer on higher rates: Realtors

The figures come on the heels of very weak sales of newly built homes in July, down 13 percent from June, according to the U.S. Census. Analysts blamed higher interest rates and some expected existing home sales to fall even … Continue reading

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Home builder confidence soars despite rising rates

“Today’s report is particularly encouraging in that it shows improvement in builder confidence across every region as well as solid gains in current sales conditions, traffic of prospective buyers and sales expectations for the next six months,” noted NAHB Chairman … Continue reading

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Rising Rates Turn Investors Away From REITs

Investors have been shunning multi-family REITs lately, pointing to an improving housing market and worried that a wealth of new apartment supply is in the pipeline. Multi-family housing starts have jumped dramatically, with the number of units currently under construction … Continue reading

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Home Prices See Largest Annual Gain in Six Years

Despite the strong gains, home prices are still down approximately 28-29 percent from their peaks in the summer of 2006 and are now back at levels not seen since late 2003. While prices continue to improve, there are still headwinds, … Continue reading

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