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At December's sales pace, it would take 3.3 months to exhaust the current inventory of existing homes, up from 3.1 months a year ago. A four-to-seven-month supply is viewed as a healthy balance ...
Today, the cost to borrow is higher, and the price tag on the home is higher.” Sales did perk up in the final quarter of the year: They ran at a rate of 4.24 million in December, which was 9.3% ...
The inventory of existing homes increased 3.5% to 1.18 million units in January. Supply rose 16.8% from a year ago. The median existing home price increased 4.8% from a year earlier to $396,900 in ...
The consumer price index released on February 12 showed a monthly increase of 0.5% in the prices average Americans pay for goods and services, up from 0.4% in December. High food, fuel and shelter ...
New home sales soared 41.7% in the Northeast and surged 20.3% in the West last month. But they dropped 2.1% in the densely populated South and fell 3.3% in the Midwest.
The producer price index released a day earlier on January 14 reported a modest 0.3% increase in wholesale prices in December, rising 3.3% year over year, up from 3% in November.
Single-family housing starts, which account for the bulk of homebuilding, rose 3.3% to a seasonally adjusted annual rate of 1.050 million units last month, the highest level since February 2024 ...
The producer price index released a day earlier on January 14 reported a modest 0.3% increase in wholesale prices in December, rising 3.3% year over year, up from 3% in November.