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Hits and Misses for the Real Estate Week of June 19-23

Hits and Misses for the Real Estate Week of June 19-23

by Phil Hall | Jun 23, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new flurry of homebuilding, a gloomy summer for homeowners in the U.K. and a bizarre diplomatic feud involving a squatter. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: If I Had a Hammer! This week saw a...
Single-Family Housing Starts Show a New Gusto, Up 18.5%

Single-Family Housing Starts Show a New Gusto, Up 18.5%

by Phil Hall | Jun 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

It was a May to remember in the housing market, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development, with home construction surging at its fastest rate in more than a year. Single‐family housing starts in May were at a...
Happy Days Are Here Again: Builder Confidence Rises in Positive Territory

Happy Days Are Here Again: Builder Confidence Rises in Positive Territory

by Phil Hall | Jun 19, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence transitioned into positive territory for the first time in 11 months, according to the latest National Association of Home Builders (NAHB) / Wells Fargo (NYSE:WFC) Housing Market Index (HMI). The HMI for the market for newly built single-family...
Hits and Misses for the Real Estate Week of June 5-9

Hits and Misses for the Real Estate Week of June 5-9

by Phil Hall | Jun 9, 2023 | Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Canada burns while America chokes, a lone voice calling for GSE reform and a blip of good news on affordable homeownership. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: Trudeau Fiddles While Canada Burns. Most...
More New Single-Family Homes Being Sold, But They Are Also Smaller

More New Single-Family Homes Being Sold, But They Are Also Smaller

by Phil Hall | May 23, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single‐family houses in April were at a seasonally adjusted annual rate of 683,000, according to estimates from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.1% above the revised March rate of 656,000 and 11.8%...
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