Housing Consumer Credit Growth Slows in Q1 2023 According to the Federal Reserve’s latest G.19 Consumer Credit report, the growth of total consumer credit…NAHBMay 8, 2023
Housing Solid Job Growth in April Job gains continued in April, despite rising interest rates and a slowing economy. After a…NAHBMay 5, 2023
Housing Unaffordable Prices Are Most Common Reason Buyers Can’t Make Purchase An earlier post revealed that 71% of buyers who were actively engaged in the process…NAHBMay 4, 2023
Housing The Fed Hints at an End for Rate Hikes The Federal Reserve’s monetary policy committee raised the federal funds target rate by 25 basis…NAHBMay 3, 2023
Housing Homeownership Rate Unchanged at 66% The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 66% in…NAHBMay 3, 2023
Housing Private Residential Construction Spending Dips in March Private residential construction spending inched down 0.2% in March, as spending on single-family construction decreased…NAHBMay 1, 2023
Housing Improved Affordability Expectations Lead to More Engaged Buyers Improvements in affordability expectations have led to an increase in the share of prospective buyers…NAHBMay 1, 2023
Housing Personal Income Rises 0.3% in March The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal…NAHBApril 28, 2023
Housing Housing Affordability Expectations Improve Relatively lower interest rates (compared to fall 2022), slowing growth in home prices, and builder…NAHBApril 28, 2023
Housing Housing Share of GDP Lower in the First Quarter of 2023 Housing’s share of the economy moved lower at the end of the first quarter of…NAHBApril 27, 2023