Pending home sales index in the U.S slipped 0.3% in December to 125.5, according to the National Association of Realtors press release. NAR attributes the drop in pending home sales to having too few homes for sale. Contract signings rose 21.4% year over year.NAR chief economist Lawrence Yun believes there is a high demand for housing and many would-be buyers, and … [Read more...] about U.S. Recorded 0.3% Drop in Pending Home Sales in December
XHB
U.S. Recorded Further Increases in Private Housing Permits, November 2020
U.S. privately-owned housing unit’s permits rose 6.2% to 1,639,000, up from October’s rate of 1,544,000, according to the Census Bureau press release. The authorizations rose 8.5% above the November 2019 rate of 1,510,000. Housing PermitsSingle-family authorizations in November rose 1.3% to 1,143,000.Authorizations of units in buildings with five units or more were at a … [Read more...] about U.S. Recorded Further Increases in Private Housing Permits, November 2020
