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HIA’s New Homes Sales Report – a survey of Australia’s largest home builders – revealed a modest increase in new home sales in April 2017 driven by stronger sales in New South Wales, Victoria and South Australia. However at this particular point in the home building cycle, today’s results are unlikely to counter the uncertainty …
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The first key new housing update for 2017 provides a softer update, said the Housing Industry Association, the voice of Australia’s residential building industry. “The HIA New Homes Sales Report – a survey of Australia’s largest home builders showed a moderate decline of 2.2 per cent in January 2017,” said HIA Chief Economist, Dr Harley …
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Sales of newly built, single-family homes rose 5.2 percent in November to a seasonally adjusted annual rate of 592,000 units, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “New home sales showed growing strength in 2016 and builders expect more of the same next …
Continue reading “Newly built, single-family home sales up 5.2 pct in the U.S”
The Housing Industry Association’s monthly survey of Australia’s largest home builders indicates that new home sales dropped to a two-year low during the month of October. “HIA New Home Sales fell by some 8.5 per cent during October 2016, the lowest volume of sales since July 2014,” remarked HIA Senior Economist, Shane Garrett. “Sales …
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Republican presidential candidate Donald Trump has vowed to cut regulations that are hurting the housing and economic recovery. Speaking before the National Association of Home Builders (NAHB) Board of Directors at their Midyear Meeting in Miami, Trump said that overregulation is costing the economy $2 trillion per year. “No one other than the energy industry …
Builder confidence in the market for newly built, single-family homes in July fell one point to 59 from a June reading of 60 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released on 18 July.. “For the past six months, builder confidence has remained in a relatively narrow positive range that …
Continue reading “U.S home builder confidence slipped in June, says NAHB”
