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| == Developments == | | == Developments == |
| | | [[Home Sales]] |
| === December 2023 ===
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| #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>
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| #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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| #Real residential investment GDP on Q4 2022 was -26.7%<ref>https://www.bea.gov/sites/default/files/2023-01/gdp4q22_adv.pdf</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>
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| === February 2023 ===
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| * 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>
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| * Building permits in the US were revised higher to a seasonally adjusted annual rate of 1.55 million in February of 2023, from an initial estimate of 1.524 million. It remains the highest reading in five months<ref name=":0" />
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| * The NAHB/Wells Fargo Housing Market index in the US increased for a third month to 44 in March of 2023, a new high since September of 2022 and beating market forecasts of 40.<ref name=":1" />
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| == Price Developments == | | == Price Developments == |
