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New Home Sales Down in November

New Home Sales Down in November

by Phil Hall | Dec 22, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single‐family houses in November were at a seasonally adjusted annual rate of 590,000, according to estimates from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This marked a 12.2% drop from the revised October rate of...
US Population Grew by 1.6 Million This Year

US Population Grew by 1.6 Million This Year

by Phil Hall | Dec 19, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. gained more than 1.6 million people over the past year, growing by 0.5% to 334,914,895, according to the Vintage 2023 population estimates published by the U.S. Census Bureau. More states experienced population growth in 2023 than in any year since the start...
New Single-Family Home Sales Down in October

New Single-Family Home Sales Down in October

by Phil Hall | Nov 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single‐family houses in October were at a seasonally adjusted annual rate of 679,000, according to estimates released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. October’s activity is 5.6% below the revised...
Housing Starts Inched Up in October

Housing Starts Inched Up in October

by Phil Hall | Nov 17, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single‐family housing starts in October were at a rate of 970,000, according to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This represents a 0.2% uptick from the revised September figure of 968,000. Privately‐owned...
Hits and Misses for the Real Estate Week of Oct. 23-27

Hits and Misses for the Real Estate Week of Oct. 23-27

by Phil Hall | Oct 27, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A September of home sales, overseas central banks pausing their rate hikes and Jamie Dimon’s decision to sell his JPMorgan shares. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 23-27. Hit: Score One for Resiliency....
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