Tag Archive for ‘recovery’

New Single-Family Housing Starts by Divisions in 2016 – Long Road Back to Normal

NAHB analysis of the Survey of Construction (SOC) shows that, nationally, there were 779,082 new single-family units started in 2016, 10% higher than 2015. According to the NAHB tabulation of data from the 2016 Survey of Construction, new single-family housing starts were divided into the nine Census divisions, including Pacific, Mountain, West North Central, West South Central, East North Central,… Read More ›

Unexpected Decline in Consumer Confidence in July

Consumer sentiment and consumer confidence are two indexes showing consumers’ perceptions of current business, income and employment conditions, as well as their expectations for the future’s economy. In July, both the University of Michigan Index of Consumer Sentiment and the Conference Board Consumer Confidence Index declined unexpectedly after the solid growth in June. Despite the monthly declines the indexes have… Read More ›

House Prices Inch Toward Recovery

Recently released data by Standard and Poor’s (S&P) and Case-Shiller indicates that its measure of house prices, the House Price Index – National, rose by 5.1% on a year-over-year seasonally adjusted basis (5.1% on a not seasonally adjusted basis). This is the 28th consecutive month of year-over-year increases in the house price index. Over this period of more than two… Read More ›