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Tag: Housing Market Signals
The median sale price hit $274,500, a 7.8% increase from the year-ago period as buyer demand outpaced market supply and contractors' pace.
Home starts reached a 1.61 million annualized rate last month, beating the 1.38 million estimate from economists surveyed by Bloomberg.
Fears of a slowdown in the US housing market are mounting — and Home Depot just slashed its 2020 sales outlook
Home Depot has struggled to boost sales and has cut its yearly outlook twice in 2019, citing uncertainty ahead and the timing of certain investments.
According to government data released on Tuesday, new single-family home sales hit a 733,000 annualized pace in October.