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Categories
SMA Publications Blog
Monthly Archives: May 2017
Millennials and housing; what would it take to get them to buy a house?
millennials
Posted in In the News
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National new home sales for April, 2017
The U.S. Census Bureau announced today that sales of new single-family houses in April 2017 were 569,000 at a seasonally adjusted annual rate, down 11.4 percent from March’s revised rate, but up 0.5 percent from April 2016.
Posted in In the News
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National debt metrics for 1Q/17
Debt Dollars In 17Q1, household debt rose by $149 billion and now totals $12.73 trillion, surpassing the previous peak of $12.68 trillion set in 08Q3, 8.5 years ago. Mortgage debt currently equals $8.63 trillion or 68% of all household debt. … Continue reading
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National residential building permits and starts for April, 2017
The U.S. Census Bureau released new data today on building permits in April 2017 showing a seasonally adjusted annual rate (SAAR) of 1,229,000, down 2.5percent from the revised March rate, but up 5.7 percent from April 2016. Housing starts in … Continue reading
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Drill baby, drill??
Crude Collapse Despite a sizeable cutback in oil production by OPEC and several non-OPEC nations and a subsequent rise in price, oil prices are testing 5-month lows. The initial rise in price caused US fracking activity to increase, negating the … Continue reading
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TARR Report 