The U.S. Government is reporting that sales of new single-family houses in July, 2022 were at a seasonally adjusted annual rate of 511k, which is 12.6% lower than June’s revised rate and is 29.6% lower than one year ago. The median sales price of new houses sold in September was $439,400k with an average sales price of $546,800. Continue reading HERE...
The U.S. government is reporting that privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,575,000, which is 12.2% higher than July’s revised number and 0.1% lower t
The NAHB’s Eye on Housing recently crunched the numbers from the most recent BLS Producer Price Index, where they found building materials prices have climbed 4.9% through the first eight months of 20
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% in August, 2022. However, the all items index was up 8.3% for the 12 months