Archive for u.s. census bureau

What’s Trending in Midwestern New Homes?

The United States Census Bureau recently published a report on the regional variations of newly built housing. The report compared different regions of the United States based on factors such as home square footage, number of bathrooms, garage size and more. Taking a closer look, one can see how the Midwest fared in comparison to [Read More]

June 09, 2014 | Author: Bailee Garwood | Comments: (0) | Categories: Chicago Real Estate News, City of Chicago, Home and Garden AOI

New Single Family Home Sales Rise in March

In even more good news for the Chicago real estate recovery, new single family home sales rose 1.5 percent to a seasonally adjusted annual rate of 417,000 units in March, according to recent data from HUD and the U.S. Census Bureau. “This is the second-best sales number we’ve seen since early 2010, and a good [Read More]

May 11, 2013 | Author: admin | Comments: (0) | Categories: Chicago Real Estate News, Economy, Economy AOI, Featured, Single Family Homes

Housing Starts Soaring Thanks to Apartment Demand

Nationwide housing starts surpassed the million unit mark for the first time since 2008 last month thanks to rocketing production of multifamily apartments. This is according to recently released figures from HUD and the U.S. Census Bureau showing that total starts activity rose 7.0 percent for the month due entirely to a 31.1 percent increase [Read More]

May 07, 2013 | Author: admin | Comments: (0) | Categories: Apartments, Chicago Real Estate News, Condos, Economy, Economy AOI

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 Surge in January

HUD and the U.S. Census bureau recently announced that nationally, new home sales in January rose by 15.6 percent. This equates to a seasonally adjusted annual rate of 437,000, the highest sales pace since July of 2008. New home sales posted solid gains across every region of the country in January.  The increases were as [Read More]

February 27, 2013 | Author: Kevin B. Morrow | Comments: (0) | Categories: Chicago Real Estate News, Economy, Economy AOI

New Homes Sales Rise in November

2012 certainly went out with a bang when it came to new home sales! Sales of new single-family homes increased by 4.4 percent in November, bringing the annual total of new home sales to 337,000, according to the U.S. Census Bureau and United States Department of Housing and Urban Development. “New-home sales are gradually picking [Read More]

January 06, 2013 | Author: Mitch Levinson | Comments: (0) | Categories: Chicago Real Estate News, Economy, New Homes, Single Family Homes

Chicago Named One of America’s Fastest Aging Metros

It’s no secret that the American population is “aging,” and that this trend could have an effect on homebuilders and the real estate market. Currently, 18.5 percent of the U.S. population is older than 60, and this number is expected to increase to 25 percent by 2050. According to the U.S. Census Bureau, Chicago ranked [Read More]

December 24, 2012 | Author: Jessica Thom | Comments: (0) | Categories: Chicago Real Estate News, Economy, Featured, New Homes, Single Family Homes
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