The National Association of Realtors is reporting that pending home sales were down 2.3% in September, 2021. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) fell to 116.7. The NAR says housing supply remains low but they expect inventory to turn the corner in 2022. Continue reading HERE...
The NAHB’s Eye on Housing says the prices of goods used in residential construction increased 19.4%, year-over-year. Citing data from the Producer Price Index they point out that building materials (
A recent report from Breitbart says the average national price for manufactured homes rose nearly 50% over the course of the pandemic, from $82,900 to $123,200. They say manufactured homes have long
The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,549,000, which is 14.4% lower than April’s revised number and 3.5% lower than