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U.S. Census Bureau’s January 2016 Construction Spending:

  • Spending on private construction was at a seasonally adjusted rate of $831.4 billion.
  • This is 0.5 percent above the revised December estimate of $827.3 billion.
  • Residential construction was $433.2 billion in January, the same month-over-month as December.

CoreLogic’s January 2016 Home Price Insights Report:

  • Home prices rose 1.3 percent month-over-month.
  • Home prices rose 6.9 percent year-over-year.
  • This is the 47th month of consecutive year-over-year increase, but the returns are no longer double-digit.


Mortgage rates:


Home equity rates:

Last week’s most recent market news:

National Association of Realtors Pending Home Sale Index (PHSI) for January 2016:

  • The PHSI declined 2.5 percent to 106.0 in January.
  • This is 1.4 percent above January 2015 (104.5).
  • The index has increased year-over-year for 17 consecutive months, but January’s gain was the second-smallest.

Black Knight Financial Services’ Home Price Index for December 2015:

  • The home price index in the U.S. was $253,000.
  • This is down 0.1 percent month-over-month.
  • However, the index is up 5.5 percent year-over-year.

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