Sales of new single-family houses in July were at a seasonally adjusted annual rate of 607,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This is 10.5% below the June rate of 678,000 and is 6.3% below the...
A real estate fraudster being chased by the FBI, an ex-CEO trying to take over his former company, and the upcoming demolition of a historic site in sports betting. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 17-21....
Builder confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report. Any HMI reading under 50 indicates that more builders...
A new forecast is predicting a considerable slowing for the remodeling market next year. According to the latest Leading Indicator of Remodeling Activity data from the Remodeling Futures Program at Harvard’s University’s Joint Center for Housing Studies, annual...
Single-family housing starts in June were at a rate of 895,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.2% dip from the revised May figure of 897,000. Privately-owned housing starts in June were...