For the first time in 3 months, homebuilder confidence has slipped.
Homes Get More Affordable On March Jobs Data
Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined revisions in the January and February reports of +4,000 jobs.
Case-Shiller Shows Uneven Recovery For U.S. Housing
Recent data suggests that the U.S. housing market is in recovery, albeit an uneven one.
Pending Home Sales Index Remains Strong Into Spring
The housing market took a step back in February, but remains near post-Recession highs.
New Home Sales Slip In February
Sales of new homes fell to the lowest levels in four months last month.
Building Permits On The Rise
The new construction housing market appears primed for growth.
Existing Home Sales Stay Strong; Spring Season Underway
Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.
Buyer Foot Traffic Through New Construction Up Nearly Threefold Since 2009
Home builder confidence in the newly-built, single-family housing market remains high.
Foreclosure Volume Slated To Rise This Spring
After a series of months during which volume was low, foreclosure filings have started to rise again.
Home Affordability Reaches An All-Time High
Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices.