Conflicting Housing Data Shows Economic Zigs & Zags

Two different economic reports on the residential housing market show conflicting results. One report is on the latest data in housing starts…the other contains the latest results on new home sales. But these reports paint two very different pictures. Is … Continue reading

Contrary to Other Housing Data, New Home Sales Decline in October

In a somewhat surprising reversal of fortune for the housing market, new data from the U.S. Department of Commerce shows that sales of new single family homes actually declined in October to a seasonally adjusted annual rate (SAAR) of 368,000 … Continue reading