Mixed Signals in the New Home Market
A few recently released data points, indicate that there is continued choppiness in the new home market. Housing starts dropped in February from January’s figure primarily due to inclement weather conditions in certain parts of the country. On the positive side, housing permits increased in anticipation of a strong spring selling season. Builder confidence also dipped but remains on the generally positive side.
About author
You might also like
California Housing Crunch Prompts Push to Allow Building
By Chris Kirkham Marco Gonzalez spent more than a decade suing real-estate developers in California over housing proposals that would have spoiled wetlands and gutted hillsides. The environmental lawyer won
5 Risks to the Housing Market Recovery
While most prognosticators are predicting improved housing market conditions in 2015, there are still some risk factors which could derail the recovery. In the following article, five potential obstacles to
New Home Sales Slide
On the heels of earnings misses from DR Horton and PulteGroup, the US Commerce Department reported more disappointing news for the new home market. Sales for new single-family homes dropped