
Existing Home Sales Strongest Since 2006 Despite Supply Limits
…a year ago. The first-time buyer share rose to 30% in December, up from 26% in November and down from 31% a year ago. The December inventory level declined from…
…a year ago. The first-time buyer share rose to 30% in December, up from 26% in November and down from 31% a year ago. The December inventory level declined from…
The NAHB/Royal Building Products Remodeling Market Index (RMI) for the fourth quarter posted a reading of 83, up four points from the fourth quarter of 2020. The reading is a…
…higher in the Northeast, 10.9% higher in the Midwest, 15.3% higher in the South and 16.9% higher in the West. As an indicator of the economic impact of housing, there…
…times. NAHB analysis indicates the aggregate cost of residential construction materials has increased almost 19% since December 2020. Policymakers need to take action to fix supply chains. Obtaining a new…
Over the first eleven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 1,029,208. On a year-over-year (YoY) basis, this is a 15.9% increase over…
…relevant to the residential construction industry. Building Materials Wholesaling and Retailing In contrast to the PPI for building materials retailing—which increased 0.4% in December—the Producer Price Index for building materials…
…in December, after a 0.5% increase in November. In December, the indexes for shelter (0.4%) and for used cars and trucks (3.5%) were the largest contributors to the increase in…