-
With the exception of 2000, a greater percentage of Americans own homes today than at any time since the U.S. Census Bureau began to collect homeownership data . The current homeownership rate in the country is now 65.1 percent, a loss of 1.1 percentage points between 2000 and 2010. This is the largest...
-
Overheard at work: "AT&T to wed T-Mobile. Following the ceremony, there will be no reception." Hopefully there is reception in rural areas - like Detroit. The Census Bureau has also been releasing the 2010 population counts for various states, including Michigan. Columbus and Indianapolis's populations...
-
"An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today." Is that a great quote? At the start of the year, not only were the smartest guys in the room talking about how mortgage rates would go up when the Fed ended their $1.2 trillion...
-
If there is something you would like to know about housing in America - no matter how important, inconsequential, or obscure - the American Housing Survey (AHS) probably covers it. How many total housing units exist in the U.S.? 128,203,000. How many of these consist of one room and how many of 10 or...
-
A quarterly look at the services sector in the U.S. revealed gains in each of the areas surveyed. Also, revisions in the U.S. Census Bureau report for Q1 data were mostly upward. Figures are not adjusted for seasonal variation or price changes. Information sector revenue moved up 2.5% in the quarter...
-
In May, the New Home Sales Index fell 2.5% to its second-lowest pace in 17 years, and economists expect another decline in the June report to be released Friday by the U.S. Census Bureau. The index of sales has fallen in six of the past seven months and currently stands at an annual pace of 512k. The...
-
Related Story: Revisions Boost New Home Sales, Suggest Stabilization, Economists Say New home sales fell for the seventh of the past eight months in June, falling by 0.6% to an annual pace of 530k sales. This rate is much higher than consensus expectations due to major revisions in the previous two months...
-
The U.S. Census Bureau factory orders report surprised to the upside on Tuesday, increasing by 1.1% in April to contribute to an annual gain of 3.8%. The prior month's factory orders index was revised to show an increase of 1.5% from the previously reported 1.4% gain. Economists were expecting a loss...
-
Housing starts and the pulling of construction permits continued to decline in February according to a monthly report issued by the U.S. Census Bureau and the Department of Housing and Urban Development. Building permits for all residential construction were issued at a seasonally adjusted annual rate...
-
The Census Bureau and the U.S. Department of Housing and Urban Development jointly released their monthly report on new home sales early Wednesday morning. The report showed new home sales declined once again, this time to a seasonally adjusted annual rate of 588,000 units. The revised December figure...
-
Housing starts and building permits continue to lag far behind the numbers recorded one year ago according to monthly data issued on Wednesday by the U.S. Census Bureau and The Department of Housing and Urban Development. Housing permits were issued in January at a seasonally adjusted annual rate of...
-
The sales of new houses continued to decline in December according to monthly data jointly released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Sales of new one-family houses during December were consummated at a seasonally adjusted annual rate of 604,000, down...
-
Housing starts took another nose-dive in December according to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development. Seasonally adjusted, privately-owned housing starts were at an annual rate of 1,006,000, 14.2 percent below the revised November estimate of...
-
There was the tiniest ray of sunshine in the September New Residential Sales Report issued on Thursday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Good news is usually relative but in the current environment most of us take what we can get and the news that new...
-
Housing starts in August hit the lowest level on an annualized basis since July 1995. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released a joint report on Wednesday showing that privately owned housing starts in August were at a seasonally adjusted annual rate of...