Author Archives: TARR Report

About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.

National new home construction metrics; 2/23

Building PermitsPrivately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,524,000. This is 13.8 percent above the revised January rate of 1,339,000, and 17.9 percent below the February 2022 rate of 1,857,000. … Continue reading

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Conference Board Employment Trends Index; 2/23

The Conference Board Employment Trends Index™ (ETI) rose in February to 118.29 from a downwardly revised 118.14 in January 2023. The Employment Trends Index is a leading composite index for employment. When the index increases, employment is likely to grow … Continue reading

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National new home sales; January 2023

New Home SalesSales of new single‐family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is … Continue reading

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Federal Reserve Bank of NY report on household debt and credit; 4Q/22

Household Debt Rises to $16.90 Trillion; Credit Cards Pass Pre-Pandemic High Total household debt rose by $394 billion, or 2.4 percent, to $16.90 trillion in the fourth quarter of 2022, according to the latest Quarterly Report on Household Debt and Credit. Credit card balances … Continue reading

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Conference Board Leading Economic Index; January, 2023

New York, February 17, 2023…The Conference Board Leading Economic Index® (LEI)for theU.S. fell by 0.3 percent in January 2023 to 110.3 (2016=100), following a decline of 0.8 percent in December. The LEI is now down 3.6 percent over the six-month … Continue reading

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National new home construction metrics; January 2023

Building PermitsPrivately‐owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,339,000.This is 0.1 percent above the revised December rate of 1,337,000, and 27.3% below the January 2022 rate of 1,841,000.Single‐family authorizations in … Continue reading

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Conference Board CEO measure of CEO confidence; 1Q/23

                                                                                                                                  CEO Confidence Picked Up in Q1, but CEOs Remain Pessimistic Entering 2023 Confidence Improved from 2022’s Lows, but Still Signals Caution New York, NY, February 9, 2023 … The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council stands … Continue reading

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Conference Board Employment Trends Index; January 2023

NEW YORK, February 6, 2023…The Conference Board Employment Trends Index™ (ETI) rose in January to 118.74, up from an upwardly revised 117.06 in December 2022. The Employment Trends Index is a leading composite index for employment. When the index increases, … Continue reading

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Conference Board Consumer Confidence Index; January 2023

New York, January 31, 2023… The Conference Board Consumer Confidence Index® decreased in January following an upwardly revised increase in December 2022. The Index now stands at 107.1 (1985=100), down from 109.0 in December (an upward revision). The Present Situation … Continue reading

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National new construction metrics; December; 2022

Single family residential down 22% from peak in February of 2006; December up 3x compared to post great recession valley in November of 2011. Apartment construction at record levels.

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