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U.S. Construction Spending Up 0.4% in September - Real Estate Investing Today

September saw a 0.4% increase in U.S. construction spending, according to the latest report from Real Estate Investing Today.

According to a report by the U.S. government, total construction spending in September 2023 reached a seasonally adjusted annual rate of $1,996.5 billion. This represents a 0.4% increase compared to the revised estimate for August and an 8.7% increase compared to the same period last year. Residential construction also saw growth, with a seasonally adjusted […]

September saw a 0.4% increase in U.S. construction spending, according to the latest report from Real Estate Investing Today. Read More »

U.S. Homeownership & Rental Vacancy Rates for Q3 2023 - Real Estate Investing Today

Original: U.S. Homeownership & Rental Vacancy Rates for Q3 2023 – Real Estate Investing Today Rewritten: Homeownership and Rental Vacancy Rates in the United States for Q3 2023 – Real Estate Investment News

The U.S. government has released data on national vacancy rates for Q3, 2023. The vacancy rates for rental housing were reported at 6.6%, while for homeowner housing, the rates were 0.8%. The homeownership rate for Q3, 2023 was 66%. Out of all housing units in the United States during this period, approximately 89.6% were occupied

Original: U.S. Homeownership & Rental Vacancy Rates for Q3 2023 – Real Estate Investing Today Rewritten: Homeownership and Rental Vacancy Rates in the United States for Q3 2023 – Real Estate Investment News Read More »

New Home Sales Up 12.3% in September

In September, there was a notable increase of 12.3% in new home sales.

According to the U.S. Government, sales of new single-family houses in September 2023 reached a seasonally adjusted annual rate of 759,000, marking a 12.3% increase from the revised rate in August and a 33.9% increase from the same period last year. The median sales price for these new houses was $418,800, while the average sales

In September, there was a notable increase of 12.3% in new home sales. Read More »

America’s Population that’s 65 Years and Older

Knowing your customers is vitally important in today’s housing market.  Especially as aging baby boomers downsize and relocate it’s important to know as much as you can about this demographic.  Today’s interactive infographic from the U.S. Census bureau offers a wide range of statistics about America’s over 65 population.  Interestingly, the pull down menu offers

America’s Population that’s 65 Years and Older Read More »

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