Boston's # 1 Real Estate Investors Association and Community

FHFA House Price Index Up 1.1% in October

FHFA House Price Index Up 1.1% in October According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices in October were up 1.1% from the previous month.  In addition, home prices were up 17.4% from one year ago.  The FHFA produces the nation’s only public, freely available house price

Read More….

Construction Spending Down Slightly in October

Construction Spending Down Slightly in October The U.S. government is reporting that total construction spending in September was at a seasonally adjusted annual rate of $ 1,598 billion, which is down 0.2% from September’s revised estimate.  However, October’s figure is 8.6% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate

Read More….

Pending Home Sales Surge 7.5% in October

Pending Home Sales Surge 7.5% in October The National Association of Realtors is reporting that pending home sales were up 7.5% in October, 2021.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) rose to 125.2.  The NAR says the market is expected to remain robust with home prices rising at

Read More….

Building Permits Up 4% in October

Building Permits Up 4% in October The U.S. government is reporting that privately‐owned housing starts in October were at a seasonally adjusted annual rate of 1,520,000, which is 0.7% lower than September’s revised number.  However, this figure is 0.4% higher than one year ago.  October’s rate for units in buildings with five units or more

Read More….

Existing Home Sales Up 0.8% in October

Existing Home Sales Up 0.8% in October The National Association of Realtors is reporting that existing home sales were up 0.8% in October to a seasonally-adjusted annual rate of 6.34 million (down 5.8% from one year ago).  Total housing inventory at the end of October was 1.25 million units, down 12% from one year ago. 

Read More….

Pin It on Pinterest