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Housing Market: US: Difference between revisions
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== Developments == | == Developments == | ||
=== | === December 2023 === | ||
#Pending Home Sales in the United States decreased 33.80 percent year-on-year in December of 2022. <ref>https://tradingeconomics.com/united-states/pending-home-sales</ref> | #Pending Home Sales in the United States decreased 33.80 percent year-on-year in December of 2022. <ref>https://tradingeconomics.com/united-states/pending-home-sales</ref> | ||
#Building permits in the United States rose 0.1% from a month earlier to a seasonally adjusted annual rate of 1.3 million in January 2023, hovering close to the lowest since May 2020. Building permits is down 30% since peak in dec 2021. <ref name=":0">https://tradingeconomics.com/united-states/building-permits</ref> | #Building permits in the United States rose 0.1% from a month earlier to a seasonally adjusted annual rate of 1.3 million in January 2023, hovering close to the lowest since May 2020. Building permits is down 30% since peak in dec 2021. <ref name=":0">https://tradingeconomics.com/united-states/building-permits</ref> | ||
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#The NAHB housing market index in the US declined to a low of 31 in December of 2022, it has recover to 42 in recent months, but still at a low level historically<ref name=":1">https://tradingeconomics.com/united-states/nahb-housing-market-index</ref> | #The NAHB housing market index in the US declined to a low of 31 in December of 2022, it has recover to 42 in recent months, but still at a low level historically<ref name=":1">https://tradingeconomics.com/united-states/nahb-housing-market-index</ref> | ||
=== | === February 2023 === | ||
* Pending home sales in the United States decreased 21.1% year-on-year in February of 2023, following a 24.1% fall in January, and marking a 21st straight month of declines.<ref>https://tradingeconomics.com/united-states/pending-home-sales</ref> | * Pending home sales in the United States decreased 21.1% year-on-year in February of 2023, following a 24.1% fall in January, and marking a 21st straight month of declines.<ref>https://tradingeconomics.com/united-states/pending-home-sales</ref> | ||