US Archives - Better Dwelling https://betterdwelling.com/category/us/ Canada’s Fastest Growing Real Estate News Source Wed, 20 Jul 2022 22:16:29 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 US Archives - Better Dwelling https://betterdwelling.com/category/us/ 32 32 64691831 US Existing-Home Sales Fell For A Fifth Month, Western States See Prices Fall https://betterdwelling.com/us-existing-home-sales-fell-for-a-fifth-month-western-states-see-prices-fall/ https://betterdwelling.com/us-existing-home-sales-fell-for-a-fifth-month-western-states-see-prices-fall/#comments Wed, 20 Jul 2022 22:15:13 +0000 https://betterdwelling.com/?p=21343 US real estate isn’t exactly slow, but it’s a big change from last year’s market. National Association of Realtors (NAR) existing-home data shows sales fell again in June. It was the fifth consecutive month to see a drop, while inventory continued to rise. The market is still tight, but showing its first sign of weakness […]

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]]> https://betterdwelling.com/us-existing-home-sales-fell-for-a-fifth-month-western-states-see-prices-fall/feed/ 1 21343 Pandemic Real Estate Boom Due To Cheap Debt, Not Lack of Supply: US Federal Reserve https://betterdwelling.com/pandemic-real-estate-boom-due-to-cheap-debt-not-lack-of-supply-us-federal-reserve/ https://betterdwelling.com/pandemic-real-estate-boom-due-to-cheap-debt-not-lack-of-supply-us-federal-reserve/#comments Fri, 08 Jul 2022 18:18:54 +0000 https://betterdwelling.com/?p=21175 It’s the credit, stupid. That’s basically the conclusion from a US Federal Reserve Board staff paper. The paper, Volatility in Home Sales and Prices: Supply or Demand?, examined price levers. It paid special attention to the recent home price surge during the pandemic. The ultimate conclusion is stimulated demand was responsible for the surge, not […]

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]]> https://betterdwelling.com/pandemic-real-estate-boom-due-to-cheap-debt-not-lack-of-supply-us-federal-reserve/feed/ 3 21175 US Pending Home Sales Down 13% From Last Year, Industry Forecasts Slower Sales https://betterdwelling.com/us-pending-home-sales-down-13-from-last-year-industry-forecasts-slower-sales/ https://betterdwelling.com/us-pending-home-sales-down-13-from-last-year-industry-forecasts-slower-sales/#comments Mon, 27 Jun 2022 21:27:05 +0000 https://betterdwelling.com/?p=21060 American agreements to buy existing-home sales improved better-than-expected, but still trended lower. The National Association of Realtors (NAR) Pending Home Sales Index (PHSI) made a small improvement in May. However, pending home sales, a leading indicator of future home sales, is way below last year. NAR expects this trend to continue, forecasting existing-home sales will […]

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]]> https://betterdwelling.com/us-pending-home-sales-down-13-from-last-year-industry-forecasts-slower-sales/feed/ 3 21060 US Real Estate Demand Is Falling Faster Than Inventory https://betterdwelling.com/us-real-estate-demand-is-falling-faster-than-inventory/ https://betterdwelling.com/us-real-estate-demand-is-falling-faster-than-inventory/#comments Fri, 24 Jun 2022 02:23:17 +0000 https://betterdwelling.com/?p=21030 Rising interest rates are cooling the US real estate market. National Association of Realtors (NAR) data shows existing-home sales fell in May. They didn’t just fall, though. Home sales fell significantly faster than homes listed for sale, helping to push the months of inventory towards more historic levels. US Home Prices Are Still Rising, But […]

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]]> https://betterdwelling.com/us-real-estate-demand-is-falling-faster-than-inventory/feed/ 1 21030 Home Builder Profit Margins Increased In Canada and The US Despite The Narrative https://betterdwelling.com/home-builder-profit-margins-increased-in-canada-and-the-us-despite-the-narrative/ https://betterdwelling.com/home-builder-profit-margins-increased-in-canada-and-the-us-despite-the-narrative/#comments Tue, 07 Jun 2022 02:30:36 +0000 https://betterdwelling.com/?p=20876 No need to worry about your local home builder’s profit margin — they’re actually rising.  CoConstruct, who provides construction project management software to over 100,000 clients, took a dive into builder margins. Analyzing client data, they found home builder profit margins climbed in Canada and the US. Despite rising material costs, buyers have been willing […]

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]]> https://betterdwelling.com/home-builder-profit-margins-increased-in-canada-and-the-us-despite-the-narrative/feed/ 6 20876 US New Home Sales Plummet, Inventory Rises To The Highest Level Since 2008 https://betterdwelling.com/us-new-home-sales-plummet-inventory-rises-to-the-highest-level-since-2008/ https://betterdwelling.com/us-new-home-sales-plummet-inventory-rises-to-the-highest-level-since-2008/#comments Tue, 24 May 2022 20:31:18 +0000 https://betterdwelling.com/?p=20730 Higher mortgage rates are rapidly cooling American real estate prices. US Census Bureau data shows a very sharp moderation in new housing activity in April. Sales fell to the lowest level since the public health crisis, but inventory is the standout. The market hasn’t seen this much new housing inventory since 2008, falling into a […]

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]]> https://betterdwelling.com/us-new-home-sales-plummet-inventory-rises-to-the-highest-level-since-2008/feed/ 10 20730 US Housing Starts and Future Building Intentions Fall, Expected To Drop Further https://betterdwelling.com/us-housing-starts-and-future-building-intentions-fall-expected-to-drop-further/ Wed, 18 May 2022 23:43:10 +0000 https://betterdwelling.com/?p=20644 US real estate is slowing down and it’s taking new home building activity with it. US Census Bureau data shows housing starts fell in April, as did building permits. Activity remains elevated compared to before 2020, but high rates and inflation are cooling the market fast. It’s expected to cool even further in the coming […]

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]]> 20644 US Federal Reserve Makes Biggest Rate Hike In 20 Years, Lending Conditions To Tighten https://betterdwelling.com/us-federal-reserve-makes-biggest-rate-hike-in-20-years-lending-conditions-to-tighten/ https://betterdwelling.com/us-federal-reserve-makes-biggest-rate-hike-in-20-years-lending-conditions-to-tighten/#comments Thu, 05 May 2022 01:19:22 +0000 https://betterdwelling.com/?p=20484 The US central bank is desperately trying to signal things are under control, despite letting inflation slip. The Federal Open Market Committee (FOMC) voted to make the largest rate hike in over 20 years. They won’t stop there, though, they hinted at similar hikes for at least the next two meetings this year. Quantitative tightening […]

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]]> https://betterdwelling.com/us-federal-reserve-makes-biggest-rate-hike-in-20-years-lending-conditions-to-tighten/feed/ 1 20484 US Mortgage Rates Hit 2009-Levels, Applications & Pending Home Sales Crater https://betterdwelling.com/us-mortgage-rates-hit-2009-levels-applications-pending-home-sales-crater/ Fri, 29 Apr 2022 23:33:54 +0000 https://betterdwelling.com/?p=20390 Soaring mortgage costs are rapidly cooling the frothy American real estate market. Mortgage applications and pending home sales cratered, show leading indicators released this week. Demand is being throttled by rising mortgage rates, which are now at the highest level since 2009. Home prices have yet to respond to the fall in demand, but experts […]

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]]> 20390 US Real Estate Price Growth Forecast To Slow Significantly: CoreLogic https://betterdwelling.com/us-real-estate-price-growth-forecast-to-slow-significantly-corelogic/ Wed, 06 Apr 2022 16:50:27 +0000 https://betterdwelling.com/?p=20167 US real estate prices were still soaring ahead of the last interest rate hike. The CoreLogic Home Price Index (HPI) reported record annual price growth for February. Most of the performance is due to the South, which has seen a new wave of population growth. The firm doesn’t see this lasting much longer, though. Higher […]

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