Monthly Archives: September 2016

National new home sales for August, 2016; big jump compared to 8/15

Sales of new single-family houses in August 2016 were 609,000 at a seasonally adjusted annual rate (SAAR), down 7.6 percent from July’s revised rate but up 20.6 percent from August 2015. Sales in the combined counties of Wake, Durham, Orange … Continue reading

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HBA homebuilder sentiment for September, 2016; highest level in nearly a year

hba

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Wake County new home market metrics; do re-sales have a chance to compete?

birchmarketupdate09_15_2016

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2015 national median family income metrics; good and bad news

Income Increase In 2015, median household income (MHI) surged 5.2%, the largest jump ever, to $56,516, up from $53,718 last year. MHI remains below the pre-recession 2007 peak of $57,423 and the 1999 all-time high of $57,909. Women saw their … Continue reading

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National wage metrics for 1Q/16; high wages equal high house prices

bls

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Renters staying put?? FYI, the median monthly rent for attached housing in the RTP market increased 8% comparing 2Q/16 with 2Q/15 and 34% compared to 2Q/06.

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