HUD Reports U.S. New Home Sales Decline in June

David Crowe According to HUD and the U.S. Census Bureau, sales of newly built, single-family homes slowed 8.4 percent to a seasonally adjusted annual rate of 350,000 units in June following an upwardly revised, strong pace in the previous month. “While we would have liked to see
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NCB, FSB Reports $72 Million in New Financing Activity

National Real Estate Investor
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U.S. Hotel Market Reports Performance Increases in January

According to STR, the U.S. hotel industry in January reported increases in all three key performance metrics. Overall, the U.S. hotel industry’s occupancy rose 4.1 percent to 49.4 percent, its average daily rate was up 3.9 percent to US$ 100.74 and its revenue per available room
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NAHB Reports Number of Improving U.S. Housing Markets Nearly Doubles in October

David Crowe According to the National Association of Home Builders/ First American Improving Markets Index (IMI) for October, 23 individual housing markets now qualifying as “improving” under the new gauge’s parameters. This is nearly double the 12 housing markets th
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