The U.S. economy rebounded more strongly than initially thought in the second... More
MarketWatch's Steve Goldstein reports from Commerce Department data on personal spending that people in Montana and Maine spend most of their personal income. More
Wall Street Journal staffer Kathleen Madigan looks at Commerce Department and... More
Hanley Wood chief economist Jonathan Smoke discusses the forthcoming new residential sales data for April from the Commerce Department. Strong variation between markets and submarkets makes the numbers difficult to predict, although Smoke says 2014 will be the best year for new home sales since 2008. More
Jonathan Smoke and Brad Hunter discuss today's data release for new residential... More
The Commerce Department's first preliminary read on New Homes Sales for March will be released at 10 A.M. this morning. However, Hanley Wood Chief Economist and Metrostudy Senior Vice President of National Research Jonathan Smoke doesn't need the numbers to speak to the state of housing in March: new home sales are indeed marching forward, and should be looking more positive on both a month-over-month and year-over-year basis. More
Here's Hanley Wood chief economist Jonathan Smoke's take on this morning's new-home sales data release from the U.S. Commerce Department. It's a dive below the headlines, beyond the government data gatherers, into the actual trenches where we can tell you what's going on. More
The Census Bureau spewed forth data that had been pent-up since the October government shutdown, and whoa, the news was favorable to believers in a steady recovery in 2013. Here's the start of what will be a morning full of updates in perspective and analysis of the housing starts and permits data, including commentary from Hanley Wood chief economist Jonathan Smoke, and Brad Hunter, Metrostudy's chief economist and director of consulting. Here's our take. Graphic with permission from Calculated Risk. More
But leading housing data company says total new home starts will be slightly lower than predicted. More
People don't need bigger houses; what they need are homes that are well designed to accommodate the way they live. More
