Buyers Compromising on Lot & Home Sizes to Achieve Ownership
High mortgage rates and double-digit growth in home prices since Covid-19 are putting buyers in [...]
Trade Commission to Investigate Dumping Claims on Indian Tile
The Tile Council of North America (TCNA) announced that on May 31, the United States [...]
Stalled Housing Market Shifts Remodeling Activity
Rising mortgage rates and record house prices have dramatically slowed the housing market. Sales of [...]
BEA News: Personal Income and Outlays, April 2024
Personal income increased $65.3 billion (0.3 percent at a monthly rate) in April. Disposable personal [...]
BEA News: Gross Domestic Product, First Quarter 2024 (Second Estimate) and Corporate Profits (Preliminary)
Real gross domestic product (GDP) increased at an annual rate of 1.3 percent in the [...]
May Consumer Sentiment Down 10.5% from April, Up 17.1% YOY
Consumer sentiment declined 10.5% to 69.1 in May, according to final results from the University [...]
BEA Announcement: 2023 Comprehensive Update Tables Released
BEA today released the following tables as part of the 2023 Comprehensive Updates to the [...]
Home-Owning Families Spent 38% of Income on Mortgage in Q1
A new quarterly Cost of Housing Index unveiled by the National Association of Home Builders [...]
Lowe’s Q1 Sales Down 4% YOY, Earnings Decline 22%
Lowe’s reported total sales for Q1 were $21.4 billion, a decline of 4% compared to [...]