Tag Archives: U.S. Census Bureau

With residential construction continuing to slow, the Fed’s rate hike of last week and its ripple effect on mortgage rates may push housing starts down for months to come.

Homebuying reached new highs in March, as buyers clamored to lock in rates and close deals prior to a spike in mortgage rates amid inflationary concerns.

Inflationary concerns continue to blanket prospective buyers as new residential sales declined month-over-month in April.

Homebuilder confidence declined for the fifth consecutive month, as the cost of building materials were up by more than 19% year-over-year.

The sale of new homes dipped in March with builder confidence diminishing, as builders continued to struggle to complete homes under construction due to a shortage of materials.

Led by a double-digit gain in multifamily activity, housing permits rose 0.4% from February, and were 6.7% higher year-over-year.

While the consistent and mounting pressure of student loan debt has been holding many back from purchasing a home, possessing a bachelor's degree is still largely seen as a stepping-stone to entering the housing market.  The number of adults that ...

As new home sales experienced a decline in February, the 20.4% rise in building materials year-over-year is being passed on to the consumer and pricing many out of the market.

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts in February hit 1,769,000, 6.8% above the revised January estimate of 1,657,000. ...

A new report reveals Americans spend an average of $2,148 for a homeowners policy of $500,000.