Homeownership Rate Bottomed Out?

According to the Census Bureau’s Housing Vacancy Survey (HVS), the U.S. homeownership rate was 63.7% in the second quarter 2017, which is statistically no different from its last quarter reading of 63.6%. The rate of homeownership appears to be stabilizing after...

New Home Sales Expand Moderately

Sales of new single-family homes rose 0.8 percent in June 2017 to 610,000 as reported jointly by the Census Bureau and the Department of Housing and Urban Development. The June increase reflected a downward revision to the estimate of new home sales in May. If the May...

Home Prices in May – Another Slow Growth Month

In May national home prices rose slowly, while the pace of gains varied by market. The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 2.6% in May, the slowest rate of growth in...