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You are here: Home / Archives for housing prices

housing prices

July Sales of New Single-Family Homes Hit 6-1/2 Year Low; Prices Increase

August 25, 2022 by Ted Leave a Comment

sales of new single-family homes photo

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly released the latest housing data this week showing that sales of new single-family homes in July hit their lowest level in 6½ years. While unit sales declined, both median and average prices continued to increase, making future home sales even more unaffordable.

See more details on new single-family home sales in July

[Read more…] about July Sales of New Single-Family Homes Hit 6-1/2 Year Low; Prices Increase

Filed Under: construction, Economic Trends, Housing, News Tagged With: housing prices, new home sales

Stunning Data on Housing Market Clearly Shows Why It’s Declining

August 4, 2022 by Ted Leave a Comment

home interior

Just Two Charts Tell the Story of the Housing Market

For some time now, I have been dutifully reporting on the – at first subtle…now as subtle as a Mac truck – changes taking place in the housing market, clearly in decline after a stunning runup during the 2020-2021 COVID period. Certain economic segments, including Tech in general and custom integration specifically, benefitted from the COVID period forcing consumers to huddle in their homes.

But now, things are changing, starting with the housing market…

[Read more…] about Stunning Data on Housing Market Clearly Shows Why It’s Declining

Filed Under: Economic Trends, Housing, News Tagged With: home values, housing, housing prices, mortgage rates

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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