Homebuilders are leaving the cupboard bare for tomorrow
Housing starts declined slightly in November, but economists are more troubled by the lack of building permits issued to homebuilders.
Source: housingwire.com
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Existing-Home Sales Slip For Ninth-Consecutive Month In October
Sales of existing homes fell 5.9 percent to a seasonally adjusted rate of 4.43 million — 28.4 percent lower than in October 2021.
Source: inman.com
Housing starts slide, but there are reasons for optimism
As the market cooled in September, the pace of housing starts fell. But permit issuance was up and a record number of units are under construction.
Source: housingwire.com
Single-Family Housing Starts Continued to Weaken in September
Overall housing starts decreased 8.1% to a seasonally adjusted annual rate of 1.44 million units in September, according to the U.S. Department of Housing and Urban Development and the Census Bureau.
Source: rismedia.com
Experts: US is 'definitely' in a housing correction with no end soon
High mortgage interest rates and slow sales have finally caught up with a once scorching-hot housing market, leading to a correction, experts claim.
Source: thecalifornian.com