Eye on the Economy

Eye on the Economy is a compilation of the up-to-date economic, demographic and government policy analysis featured in the Eye on Housing blog in newsletter format, sent to subscribers every two weeks. Look at the latest issues here, or subscribe to receive it free via email.

Eye on the economy
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While the pace of existing home sales remains 4.3% below the July 2013 rate, the steady improvement for resales is positive news for the new home market because prospective repeat home buyers must sell their existing homes before buying a newly built residence.
9/4/2014
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After a disappointing June report, housing starts rebounded to an annual rate of 1.093 million for a 15.7% increase over the upwardly revised June level.
8/21/2014
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New homes sales declined in June, falling 8.1% from a revised May rate to a seasonally adjusted annual pace of 406,000, according to data from the Census Bureau and HUD.
8/6/2014
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Existing homes sales increased 2.6% in June, but remain down 2.3% compared to a year ago
7/24/2014
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While home sales grew significantly, home prices moved higher but at a more moderate pace, suggesting the extra push caused by investors may be slowing.
7/10/2014
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Future data will confirm whether the recent turn in momentum reflects a return to the improving trend that was in place before the end of 2013, but early signs are encouraging.
6/26/2014
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The overall economy slowed at the start of 2014, which took a toll on housing and economic activity. Real GDP contracted at a 1% seasonally adjusted annual rate. However, this drawdown sets the stage for more stable growth for the rest of 2014.
6/12/2014
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The rate of housing construction starts in April exceeded 1 million for first time since last year and housing permits were over 1 million for a third consecutive month -- almost entirely due to multifamily rental construction.
5/28/2014
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After a weak performance for the economy as a whole during the first quarter, spring is a time for improvements – for homes and the overall housing market.
5/15/2014
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The U.S. Census Bureau and HUD reported that March new home sales were down 14.5% to a seasonally adjusted annual basis of 384,000
5/1/2014
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An unseasonably cold winter took its toll on economic activity at the start of 2014, causing many key market measures to fall short of initial forecasts.
4/16/2014
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Without a doubt, unseasonably cold temperatures reduced economic activity during the first quarter of 2014, including home sales and construction.
4/2/2014
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Census reported housing construction starts were virtually unchanged from slightly upwardly revised January figures: 907,000 in February on a seasonally adjusted annual basis.
3/20/2014
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Eye on the Economy is a biweekly digest of the latest postings on NAHB’s free, housing and economics blog, Eye on Housing, featuring the latest economic and housing policy news, analysis and studies.   Eye on the Economy will keep you well informed on all news and developments …
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