Multifamily sector lone bright spot as permits, starts, completions fall
New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to US Census Bureau data released Tuesday
by Ben Verde Jul 19
New home sales rebound in July as prices surge
Sales of newly built single‐family homes hit an adjusted annual rate of 708,000 in July, up 1% compared to the revised June rate of 701,000, according to the US Census Bureau
by Libertina Brandt Aug 24
Lazy homesellers are skipping repairs and cashing out — for now
Thanks to high demand and low supply, sellers don't have to do much to their homes to attract buyers — and often don't. But that could change, real estate agents told Inman
by Libertina Brandt Aug 5
New home sales plunge to 14-month low in June
New residential sales declined 19.4% from June 2020, according to the US Census Bureau's latest report on Monday.
by Marian McPherson Jul 26
Why Americans shouldn’t give up on homeownership
Homeownership is one of the primary ways households in the United States build wealth
by Libertina Brandt Jun 28
After stellar March, new home sales reverse course, dip 6% in April
The decline follows a record month for new home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau
by Lillian Dickerson May 25
October housing starts reach highest level since 2007
New residential construction increased 14.2% year over year in October, marking 6 consecutive months of annual gains, according to the US Census Bureau's latest report
by Marian McPherson Nov 18
US homeownership rate hits near 12-year high — or did it?
New data from the Census Bureau indicates that the homeownership rate surged to its highest point since the third quarter of 2008, but a change in data collection methodology may have impacted the results
by Lillian Dickerson Jul 28
Housing starts and permits continue to recover from lows
Housing starts jumped more than 17% from May to June as the housing market continues to recover from stay-at-home orders
by Patrick Kearns Jul 17
Another 1.3M people filed for unemployment last week
Claims have been decreasing for 15 weeks, from mid-Pandemic highs — when new unemployment claims topped 6 million — but remain ahead of pre-pandemic numbers
by Patrick Kearns Jul 16
New-home sales fall sharply in March
Sales of new single-family homes fell 15.4% to a seasonally adjusted rate of 627,000 in March, according to US Census Bureau data
New housing construction falls
Residential housing starts fell by 11.2%, Census Bureau says
Permits, starts and completions all drop below 2017 levels
Not much new building relief on the way for a market still marred by low inventory, according to new US Census data
by Patrick Kearns Nov 20
Illinois best and worst cities for homeowners
259 Illinois cities and villages ranked on total cost, safety and income to determine the best for homeowners
by Kimberly Manning Sep 20
National unemployment rate falling in majority of major cities
Bureau of Labor Statistics finds unemployment rate at 5.1 percent
by Kimberly Manning Aug 15