Tag Archives: Housing Starts

Housing Market & Residential Lending Forecast August 2021

Fortunately Fannie Mae and the MBA release monthly forecasts for residential lending volumes, new and existing home sales and interest rates.  They do not, however, look through the same glasses when prognosticating the future, however.  Core to housing and residential lending are interest rates that remained below 2.9 percent once again this week according to …Read more

New Home Sales Pickup in May 2020

New home sales picked up the pace growing by double digits percentage wise in May 2020, as the demand for clean, safe and never-lived in housing rose.  Sales came in at 676,000 dwelling units on a seasonally adjusted annualized rate (SAAR) according to the U.S. Census Bureau, up 16.6 percent from the revised 580,000 in …Read more

Median Single-Family Home Price Gains Q2 2019

Falling interest rates have, at least for now, taken off some of the pressure of rising home prices in the affordability equation.  The U.S. quarterly existing single-family median home price rose to a record $279,600 in Q2 2019, a 12-month gain of 4.3 percent according to the National Association of Realtors® (NAR). The following table …Read more

New Home Sales February 2019 — Up 4.9 Percent Sequentially from January but Essentially Flat Vs a Year Ago

New single family residential (SFR) home sales of 667,000 on seasonally adjusted annualized rate (SAAR) in February far exceeded analyst expectations and were up 4.9 percent sequentially from January, but essentially unchanged from a year ago (up 0.6 percent). There were an estimated 318,000 new homes available for sale at the end of February 2019 …Read more

Another Top-10 List — Fastest Growing U.S. Suburbs 2018

Cheap energy prices and lifestyle are once again leading to a move back to ‘burbs’ in America.  Front and back yards are back in style for some, along with landscaping, vegetable gardens and trees.  There are tens-of-thousands of Millennials in hot pursuit.  As a result, demand is robust in many of the U.S. suburban housing …Read more