Multifamily Market Confidence Unchanged in Q4
Washington, DC, February 28, 2020-Confidence in the market for new multifamily housing remained unchanged in Q4, according to results from the Multifamily Market Survey (MMS) released by NAHB.
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Consumer Sentiment Rose 7.7% YOY in February
Ann Arbor, MI, February 28, 2020-Consumer sentiment rose 1.2% to 101.0 in February, according to final results from the University of Michigan Survey of Consumers.
Personal Income & Spending Increased in January
Washington, DC, February 28, 2020—Personal income increased $116.5 billion (0.6%) in January, according to estimates released by the Bureau of Economic Analysis.
Zombie Foreclosures Inch Down to 1.5% in Q1
Irvine, CA, February 28, 2020—One-and-a-half percent, or 1.52 million, U.S. single-family homes and condos are vacant, according to ATTOM Data Solutions’ Q1 2020 Vacant Property and Zombie Foreclosure Report.
Pending Home Sales Rose 5.2% in January
Washington, DC, February 27, 2020-The Pending Home Sales Index grew 5.2% to 108.8 in January, according to the National Association of Realtors.
Q4 2019 GDP Held Steady at 2.1% in Second Estimate
Washington, DC, February 27, 2020-Real gross domestic product (GDP) increased at an annual rate of 2.1% in Q4 2019, according to the second estimate released by the Bureau of Economic Analysis.
Toll Brothers Sales Revenues Down 2% YOY in Q1
Horsham, PA, February 27, 2020—Toll Brothers announced that home sales revenues were down 2% in Q1 2020, compared to Q1 2019; home building deliveries increased 5%.
Orders for Manufactured Goods Inched Down in January
Washington, DC, February 27, 2020—New orders for manufactured durable goods in January decreased $0.4 billion or 0.2% to $246.2 billion, the U.S. Census Bureau announced.
AHF Re-Introducing Hartco Brand
Mountville, PA, February 27, 2020—AHF Products is bringing back the Hartco brand as it transitions away from the Armstrong name.
High Point Market Announces Spring Keynote Lineup
High Point, NC, February 27, 2020—The High Point Market Authority announces its keynote series lineup for spring market, April 25 to 29.