us housing market

Washington, D.C. - New home sales in the United States increased by 0.4 percent month over month in October of 2021, to a seasonally adjusted annual rate of 745K, following a downwardly revised rate of 742K in September and falling short of market expectations of 800K. Processing this data will take more work then normal due to increased…

Washington, D.C. - In November 2021, housing starts in the United States increased 11.8 percent to an annualized rate of 1.679 million, the highest level since March and well above the market consensus of 1.568 million. Single-family housing starts increased 11.3 percent to 1.173 million, while units in buildings with five or more units…

US House Prices Rise for 8th Month in a Row: FHFA Early in the month of January 2021, the price of single-family houses with mortgages rose by 1.0% in the U.S. December of 2020 similarly experienced an upward rise of home cost by approximately 1.2%. The seasonally adjusted monthly house price ranged between -0.2% among the East South…

The US economy is recovering quicker than expected, according to Federal Reserve Chairman Jerome Powell, but he believes there is still a long way to go. Unemployment is one of the main challenges, and there are 10 million jobs less than before the COVID-19 pandemic. In order to stimulate the US economy, the Federal Reserve decided to leave the…