Commerce Department

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Smoke signals housing's rebound is intact

Hanley Wood chief economist Jonathan Smoke pulls up real data on local traffic rates and community sales for commentary on yesterday's new-home sales release from the Commerce Department. Smoke is fired-up about all the noise and misreads drawn from the national macro data prints. More

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Construction Spending Boosted by Housing in October

The improvement was nearly three times what economists had predicted, according to a Bloomberg survey. More

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Home Vacancy Rate Drops to Seven-Year Low

Improvement in home prices and consumer confidence helped bring the rate back to a pre-bust level. More

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Single-Family Starts, Permits at Highest Levels in Years

The more volatile multifamily sector registered mixed performance in June. More

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Single-Family Starts, Permits at Highest Levels in Years

The more volatile multifamily sector registered mixed performance in June. More

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Single-Family Starts, Permits Jumped in May

Housing permits rose to the highest level seen in nearly four years. More

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Housing Starts Continued to Recede in August

But some light can be seen in the South and Northeast, according to the latest Census data. More

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Economists Trim 2011 Housing Forecasts, Call for Recovery in 2012

Weak economic growth and a double-dip in prices have prompted revisions to predictions that previously had hope for recovery late this year. More

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Forecasters Hedge Bets on Improvements in Housing Market for 2011

Job growth will be key to spurring buyer demand. More

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Obama Signs Extension of Closing Date For Home Buyer Tax Credit

Purchasers now have until September 30 to complete transactions on contracts signed by April 30. More

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