This week, there is little on the U.S. economic calendar, save for Friday’s Non-Farm Payrolls report. Wall Street is expecting to see 80,000 net new jobs created in November, and a rise in the national Unemployment Rate to 8.0%.
New Home Sales Remain Elevated Into Q4 2012
According to the Commerce Department, New Home Sales slipped 1,000 units last month, falling to 368,000 units on a seasonally-adjusted, annualized basis.
New Home Supply Remains Firmly In “Seller’s Market” Territory
According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis.
Housing Starts Move To 2-Year High
Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide.
New Home Sales Reach Multi-Year High
As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis.
Single-Family Housing Starts Remain Strong
Single-family housing starts were above 500,000 for the fourth straight month in July, a mark not met since the federal home buyer tax credit of 2010.
Homebuilder Confidence Rises To 5-Year High
For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 — an increase of more than 100% from one year ago and the highest HMI value since February 2007.
New Home Sales Slow After Fast Start To 2012
Sales of new homes slipped 8 percent in June.
Single-Family Housing Starts Rise For 4th Straight Month
New construction housing is in a post-recession rally.
Homebuilder Confidence Doubles In 12 Months
For the second time in three months, the National Association of Homebuilders reports that the Housing Market Index made sizable gains.