Housing starts, an index looking at the number of homes being built, fell to their lowest level in 17 years in the August report, but economists say that, while the monthly decline was steeper than anticipated by markets, a drop in construction is a precondition for the housing sector to stabilize ....
Despite coming in slightly higher than was expected, housing starts still slid 11% to 965k in July, though economists say the drop is misleading given the artificially high reading in June. Last month, economists unanimously agreed that the headline index was misleading due to a change in the housing...
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...
We will give only a passing nod to Freddie Mac's Economic and Housing Market Outlook for May as much of it deals with the Quarter 1 report on cash-out refinancing which we already covered in detail here on Tuesday. However, a few things are worth noting. First of all, as regards the cash-out data, the...
The central issue addressed by the April 2006 Economic Outlook issued by Freddie Mac on Monday is the conflict created between the strength of the economy and the increasing lack of housing affordability. Freddie's Office of the Chief Economist cites the strong employment numbers for the first quarter...
Posted to
MND NewsWire
by
Glenn Setzer
on
Tue, Apr 11 2006
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Filed under: home purchase, housing bubble, housing starts, Real Estate Market, Real Estate Outlook, Housing Outlook, housing market, Housing Market Slowdown, pay option, hybrid arms, negative am