Utah Landowners

Land news, market reports, policy changes and beautiful photography!

Subscribe!

june percentjuly’sspendingFree casino apps for androidbasismoderatefrom camepointsbuildercame

Tag: Housing Market

National Housing Starts

Housing starts surge in July

July’s home building rate solidly beat economists’ median forecast of 965,000 and was the strongest since November. Last month’s pace came in slightly ahead of April’s 1.06 million rate, the only other month this year when starts’ annual rate cracked…

Housing Study

NAHB Releases New “Priced Out” Numbers

NAHB Economics recently released its 2014 Priced Out Estimates showing that, nationally, a $1,000 increase in the median new home price (triggered, for example, by additional regulation) prices 206,269 households out of the market for the home. This means that…

Construction

Construction spending falls 1.8 percent in June

INGTON (AP) — U.S. construction spending fell in June by the largest amount in more than three years as housing, non-residential construction and government spending all weakened. Construction spending dropped 1.8 percent in June on a seasonally adjusted basis after…

3d growth chart

Consumer confidence, housing data bolster U.S. growth outlook

WASHINGTON, June 24 (Reuters) – U.S. consumer confidence jumped to its highest level in nearly 6-1/2 years in June and sales of new homes surged in May, the latest signs that the economy has regained momentum. Growth is accelerating after…

Utah Landowners

Existing-Home Sales Heat Up in May, Inventory Levels Continue to Improve

WASHINGTON (June 23, 2014) – Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth, according to the National Association of Realtors®. All four regions of the country experienced sales gains compared to a month…

nahb-logo-sm-red-blue

Builders Sentiment Recovers

The NAHB/Wells Fargo Housing Market Index for June rose four points to 49, just shy of the 50 mark indicating at least as much optimism as pessimism among single-family home builders. The index dipped 10 points to 46 in February…

NAR

Sluggish Construction Portends Steady Price Growth

Posted in Economist Commentaries, by Ken Fears, Director, Regional Economics and Housing Finance on June 8, 2014 Summary: Supply remains constrained Construction has not kept up with long-term demand Affordability concerns appear to be driving builder pensiveness rather than REO…

Construction Spending

New Residential Spending Improves

New residential construction spending advanced a strong 2.8% on a seasonally adjusted (SA) basis after falling 0.8% in February. Single-family construction spending jumped 3.8% following a 1.3% drop in February. Multifamily construction spending was down 1.8% after advancing 1.7% in…

U.S. homebuilding climbed 13.2 percent during April

Washington • U.S. home construction surged in April to its highest pace in five months. Almost all that increase came from the volatile apartment sector, a sign that Americans are still struggling to buy single-family homes. The Commerce Department said…