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Learn more about Communie, the ins and outs of buying, owning a home, and of course saving you money!
New construction housing is in a post-recession rally. As reported by the Census Bureau, on a seasonally-adjusted, annualized basis, last month’s Single-Family Housing Starts rose 5 percent to 539,000 units nationwide. This is the highest reading since April 2010, the […]
Homebuilder confidence is soaring. For the second time in three months, the National Association of Homebuilders reports that the Housing Market Index made sizable gains. The Housing Market Index measures homebuilder confidence in the new construction market and is scored […]
Survey » Consumers upbeat, although sentiment isn’t shared nationally The housing market along the Wasatch Front, beset by falling prices and scant demand, is sending up some green shoots of recovery, and that turned up in the latest Zions Bank […]
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis. A “new home” is a home that is considered new construction. May’s data marks the highest number of new homes sold since April […]
Sometimes, the housing data headlines tell just half the tale. The stories on May’s Housing Starts figures are proving to be a terrific illustration. Tuesday, the Census Bureau released its monthly Housing Starts report. A “housing start” is a home […]
Home builders anticipate growth in the market for newly-built, single-family homes. For June 2012, the National Association of Homebuilders reports its monthly Housing Market Index at 29 — an increase of more than 100% from one year ago and the highest […]
Housing » Building permit numbers rise locally, sales climb in most regions of country. Homebuilding activity increased in April along the Wasatch Front and nationally. Builders locally took out permits for the construction of 583 single-family homes, up from 357 […]
New residential construction spending advanced a strong 2.8% on a seasonally adjusted (SA) basis after falling 0.8% in February. Single-family construction spending jumped 3.8% following a 1.3% drop in February. Multifamily construction spending was down 1.8% after advancing 1.7% in […]
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones. According to the U.S. Census Bureau, the number of new homes sold rose 3.3 percent in April to a seasonally-adjusted, […]