Home ownership hits lowest level since 1965, August 5, 2011, Morgan Stanley report, US fast becoming nation of renters From the Chicago Tribune August 5, 2011. “Home ownership hits lowest level since 1965″ “As the foreclosure crisis continues to wreak havoc on the housing market, a source of national pride has taken a sour turn. [...]
Home sales record drop, July existing home sales, 27 percent plunge From Bloomberg August 24, 2010. “Sales of existing houses plunged by a record 27 percent in July as the effects of a government tax credit waned, showing a lack of jobs threatens to undermine the U.S. economic recovery. Purchases plummeted to a 3.83 million [...]
Housing starts lower than forecast in July, August 17, 2010 From Bloomberg August 17, 2010. “ Work began on fewer homes than forecast in July and building permits fell to the lowest level in more than a year, indicating little evidence of a rebound in U.S. construction following an expired tax credit. Housing starts totaled 546,000 [...]
May pending home sales plummet, Down 30 percent From Bloomberg July 1, 2010. “The number of contracts to purchase previously owned houses plunged in May by more than twice as much as forecast after a homebuyer tax credit expired. The index of pending home resales dropped 30 percent from the prior month, figures from the [...]
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