Archive for Midwest new home sales

National Housing Production Continues Upward Trend, Midwest Sees Most Growth

Recently-released HUD and U.S. Census Bureau figures show that nationwide housing production increased .8 percent to 917, 000 units in February; demonstrating gains in both the single-family and multifamily sectors, with single-family housing starts growing at their fastest pace since June 2008. The spring buying season is underway and demand for new homes and apartments [Read More]

April 01, 2013 | Author: admin | Comments: (0) | Categories: Economy, Economy AOI

New-Home Sales Start Year Flat

The sale of newly built, single-family homes fell ever so slightly last month, and the decline could be attributed most to the region in which Chicago real estate lies. New-home sales in January fell by 0.9 percent to a seasonally adjusted annual pace of 321,000 units, according to data released from the U.S. Commerce Department. [Read More]

February 26, 2012 | Author: Tracey | Comments: (0) | Categories: Economy, New Homes

The Worst Year for New-Home Sales is Over

The sale of new U.S. homes fell in December for the first time in four months to end off a year that saw the lowest new-home sales in history. According to the U.S. Commerce Department, the sale of newly built, single-family homes dropped 2.2 percent in December to a seasonally adjusted annual rate of 307,000 [Read More]

January 28, 2012 | Author: Tracey | Comments: (0) | Categories: Economy, New Homes

New-Home Sales Improve, Especially in the Midwest

Great news on new-home sales: Activity last month increased to its best pace in five months. According to the U.S. Commerce Department, the sale of newly built, single-family homes in October rose 1.3 percent to a seasonally adjusted annual rate of 307,000 units in October. The gain is from a downwardly revised rate in September [Read More]

November 28, 2011 | Author: Tracey | Comments: (0) | Categories: Economy, New Homes

New-Home Construction Improves

Following four straight months of declines, including a six-month low in August, the sale of newly built homes finally increased last month. According to the Commerce Department, the sale of new U.S. homes rose 5.7 percent in September to a seasonally adjusted annual rate of 313,000 units. “The improved rate of new-home sales in September [Read More]

October 26, 2011 | Author: Tracey | Comments: (0) | Categories: Economy

U.S. New-Home Sales Fall, But Not in the Midwest

The sale of new U.S. homes fell unexpectedly last month, though not every region saw a drop. According to the Commerce Department, new-home sales fell 1.0 percent in June to a seasonally adjusted annual rate of 312,000. This marks the second consecutive monthly drop and a new three-month low. Economists had expected sales to rise [Read More]

July 27, 2011 | Author: Tracey | Comments: (0) | Categories: Economy
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