|
|
|
|
|
|
|
|
|
|
|
18.08.26 - 17:45
|
US Pending Home Sales Plunge Back Near Record Lows In July (ZeroHedge)
|
|
|
US Pending Home Sales Plunge Back Near Record Lows In July
Following another disappointment in existing home sales in July, weak homebuilder sentiment, and plunging housing starts, pending home sales tumbled for the second month in a row in July (-2.3% MoM vs 0.0% exp - below thew worst forecast), dragging sales down 2.5% YoY - the biggest annual drop since April 2025...
This decline matches the second-worst reading in data back to 2001...
“The highest mortgage rates of the year hit right in the middle of summer, and that's pulling back contract signings,” NAR Chief Economist Lawrence Yun said in a statement.
“Home prices are at record highs so houses for sale are sitting on the market longer, and fewer buyers are bidding above the asking price than a year ago, though there are large local market variations.”
All four major US regions experienced a decline in demand during the month.
An index of pending sales in the South, the nation's biggest home-selling region, decreased 2.2% to ...
|
|
|
|
|
|
|
|
|
|
|
|
|
18.08.26 - 15:42
|
US Housing Starts Plummet In July, Near COVID Lows (ZeroHedge)
|
|
|
US Housing Starts Plummet In July, Near COVID Lows
After Housing Starts exploded higher in June (driven by a massive rebound in multi-family units), July was expected to see a reflexive decline of 5.9% MoM...
...things were considerably worse, with US Housing Starts plunging 12.4% MoM (the third major monthly drop in four months)...
On the other hand, the more forward-looking Building Permits (preliminary for July) rose 5.0% MoM (well above the 0.6% MoM expected), after two months in a row of declines.
On a SAAR basis, Starts at back near post-COVID lows while Permits are holding in a four year range...
Under the hood, both Single-Family and Multi-Family movements were stroinger for Permits abut weaker for Starts (after multi-family starts soared last month)...
This shouldn't be a total surprise after yesterday's decline in builder sentiment (confidence among US homebuilders dropped for a second month to the lowest level of the year, dragged lower by elevated borrowing costs and higher mater...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18.08.26 - 10:15
|
Stärkster Anstieg der Baugenehmigungen seit 2016 (Tagesschau)
|
|
|
Die Zahl der Baugenehmigungen für Wohnungen ist im ersten Halbjahr so stark gestiegen wie seit einem Jahrzehnt nicht mehr. Das gilt als Hoffnungszeichen angesichts der Wohnungsnot. Es werden aber auch viele Projekte storniert....
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
