Jack Bjorklund
-
Single-family permits rise October 2024
In the first ten months of 2024, the total number of single-family permits issued year-to-date (YTD) nationally was...
-
Building Materials and Lumber Prices Rise in November
According to the U.S. Bureau of Labor Statistics’ most current Producer Price Index (PPI) data, prices for inputs...
-
Inflation Sticks Despite Lower Housing Costs
Inflation rose to 2.7% in November, meeting predictions, but the last stretch to the Fed’s 2% objective becomes...
-
October Private Residential Construction Spending Rises
Private residential construction spending grew by 1.5% in October, according to the most recent US Census Construction Spending...
-
Higher Rates Lower October New Home Sales
In October, many potential home buyers stayed away due to steadily rising mortgage rates and continued affordability issues....
-
NAR: October Existing Home Sales Rebound
Existing home sales returned from a 14-year low in October, posting the first yearly increase in more than...
-
Freddie Mac: Higher Mortgage Rates Slow October Housing Production
According to Freddie Mac, housing starts decreased last month as the average monthly mortgage rate rose by a...
-
Townhouse Construction Gains Momentum
Year-over-year improvements in townhouse construction continued in the third quarter of 2024, as demand for medium-density housing remained...
-
Housing Costs Continue to Fuel Inflation
Inflation increased again in October, indicating that the last push to the 2% objective will be the most...
-
Second-Quarter Sawmill Production Rises
The production index for sawmills and wood preservation businesses increased by 0.2% in the second quarter of 2024....
