Annual Home Price Gains Stayed High In August The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.8% annual gain for August, 2021, basically the same as the previous month. Their 10-City Composite annual increase came in at 18.6% and their 20-City Composite posted a 19.7% year-over-year gain – both down from the
New Single-Family Home Sales Up 1.5% in August The U.S. Government is reporting that sales of new single-family houses in August, 2021 were at a seasonally adjusted annual rate of 740k, which is 1.5% higher than July’s revised rate and is 24.3% lower than one year ago. The median sales price of new houses sold
Housing Starts Jump 3.9% in August The U.S. government is reporting that privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,615,000, which is 3.9% higher than July’s revised number. In addition, this figure is 17.4% higher than one year ago. August’s rate for units in buildings with five units or
Consumer Price Index Up 0.3% in August The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.3% in August, 2021. Over the last 12 months, the all items index increased 5.3% before seasonal adjustment. Click here to read the full release at the Bureau of
Local Market Monitor’s National Economic Outlook for August 2021 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer August, 2021 The economy continues to improve but apparently not fast enough
NMHC Says 80.2% of Apartment Households Paid Rent by August 6th The National Multifamily Housing Council (NMHC) says that 80.2% of apartment households made a full or partial rent payment by August 6th, 2021. This figure is 0.9% higher than those who paid rent through August 6, 2020. The data comes from the NMHC’s Rent
