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....
Although mortgage rates are climbing to a vertigo-inducing 8% level and home prices remain at historic highs, Americans are out buying new single-family houses with gusto. According to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban...
Single‐family housing starts in September were at a rate of 963,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s rate was 3.2% higher than the revised August figure of 933,000. Privately‐owned housing...
Two new housing data reports issued this morning determined there were fewer new single-family homes being sold while the residential properties being purchased were priced higher. Sales of new single‐family houses during August were at a seasonally adjusted annual...
Single‐family housing starts in August were at a rate of 941,000, according to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Last month’s rate was 4.3% below the revised July figure of 983,000. Privately‐owned housing...