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Uncategorized • April 4, 2023

Monday Morning Coffee

by Cindy Glynn

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Newsletter Monday Morning Coffee 8.14.23 – Home Price Growth and Inspiration Builder activity in June sent residential construction spending up nearly 1% over May. Spending is still down from last year, but builders are now doing more single-family homes, up more than 2% for the month. The CoreLogic Home Price Index (HPI) showed annual price growth edged up to 1.6% in June. Month-over-month price growth has slowed, yet CoreLogic expects annual […]
Uncategorized Monday Morning Coffee 8.7.23 The National Association of Realtor’s June Pending Home Sales index of signed contracts on existing homes saw its first gain since February. The NAR noted, “The recovery has not taken place, but the housing recession is over.” New Home Sales posted a small decline in June after increasing three straight months. But the trend is […]
Uncategorized Monday Morning Coffee 7.31.23 After May’s big surge in home building, things slowed down in June, as Housing Starts slipped slightly for the month. But, looking to the future, single-family Building Permits hit their highest level in 12 months. The market for new homes is clearly improving. NAHB homebuilder sentiment saw its seventh straight gain in July, hitting the highest reading in […]
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