Tag Archives: housing construction

Housing Market Is Recovering

The Mortgage Corner WASHINGTON (October 23, 2025) – Existing-home sales increased by 1.5% month-over-month in September, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data … Continue reading

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Why the Housing Shortage?

The Mortgage Corner How can we recover from our housing shortage that has resulted in record homelessness and a lack of affordability for many young households? FREDhousingstarts There haven’t been enough homes built to satisfy prospective home buyers for a … Continue reading

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Why the Recession Calls?

Financial FAQs The Conference Board’s Index of Leading Economic Indicators (LEI), a read on actual economic data rather than an opinion survey like its Consumer Confidence Index, has called a recession. Its Consumer Confidence Index is hinting at the same. … Continue reading

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Can We Fix the Housing Shortage?

The Mortgage Corner “Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,428,000. This is 5.2 percent above the revised June estimate of 1,358,000 and is 12.9 percent above the July 2024 rate of 1,265,000. Single-family … Continue reading

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When Will Housing Recover?

The Mortgage Corner “Overall, I expect tariffs to boost inflation by about 1 percentage point over the second half of this year and the first part of next year,” John Williams, New York Fed President. NPR The housing market is … Continue reading

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How Much LONGER Do We Wait?

The Mortgage Corner “The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading

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How Long Must We Wait?

The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – progressed 4.2% from January to a seasonally adjusted annual rate of 4.26 million in February. Year-over-year, sales slid 1.2% (down from 4.31 … Continue reading

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The Housing Recovery–Part II

The Mortgage Corner Existing-home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the strongest pace since February 2024 (4.38 million). FREDexistinghomesales The huge jump in existing-home sales on still very high mortgage rates illustrates … Continue reading

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Bidenomics Works–Part II

Financial FAQs A large fraction of voters do suffer from economic illiteracy. Indeed, it is fair to say that an ample majority do not understand the basics of how markets work. They are especially confused about labor and international markets. … Continue reading

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Will Housing Recover?

The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. Year-over-year, sales bounced 6.1% (up from 3.91 … Continue reading

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