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Tag Archives: economy

Home Sales Decrease From September to October

mortgage

October home sales declined since September, but remained higher than in October 2014. Total existing-home sales, which are completed transactions on single-family homes, town homes, condominiums and co-ops, dropped 3.4 percent to a seasonally adjusted annual rate of 5.36 million in October from …

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Home Sales and Prices Increase in Q3

Both home sales and home prices were on the rise throughout the U.S. in the third quarter, according to the National Association of Realtors. Total existing-home sales, including for single-family houses and condominiums, increased 3.4 percent from the second quarter to the third …

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Consumer Confidence Builds Slightly in September

consumers spend

Consumer confidence continues to be on the upswing, though moderately, according to the Consumer Confidence Index. The index now stands at 103, up from 101.3, in August, according to The Conference Board, a research association that compiles the data. “Consumer …

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U.S. Housing Starts Down in August

decrease in housing permits

The number of housing starts in the U.S. fell 3 percent from July to August, even though the amount of building permits issued increased by 3.5 percent, according to new federal statistics. “Permit growth indicates that our members feel confident …

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Home Sales Continue Growth Trend in July

Existing-home sales increased again in July, continuing a three-month upward growth trend, according to the National Association of Realtors. Existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 2 percent to 5.59 million in July from …

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June Home Sales Set Best Pace Since 2007

Housing Trends Report

The number of homes sold in the U.S. and their median selling prices increased in June, up from 2014 and setting the highest selling pace since 2007. Completed sales transactions on existing homes increased to 573,000, which is growth of 13.2 percent from a year ago, …

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Americans’ Retail Spending Drops in June

Americans spent less on home improvement and garden products in June than in May, according to estimates from the U.S. Census Bureau. Shoppers reduced their home improvement spending by 1.3 percent in that period. The June 2014 to June 2015 drop was 1.4 percent. Overall retail …

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