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The new home market continues to face adversity due to economic challenges, as the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau saw sales reach a new low for 2026. New-home sales in July clocked in at a rate of 607,000, down 10.5% from June’s upwardly revised rate…
The post New-Home Sales Slip to Slowest Pace in 2026 as Builders Remain Under Pressure appeared first on RISMedia.
In the face of ongoing geopolitical uncertainty and economic headwinds, consumers’ feelings about the economy remain dim. The nonprofit research firm, The Conference Board, released its latest month report Aug. 25, with its Consumer Confidence Index falling by 0.8 points to 89.4. July’s revised estimate was 90.2, leaving behind nearly a whole point between the…
The post Consumer Confidence Slips as Present and Future Outlooks Conflict appeared first on RISMedia.
The S&P CoreLogic Case-Shiller Index, the flagship measure of U.S. home prices, recorded a 1.5% annual gain for June 2026, up from a 1.2% rise in the previous month. But for the 13th consecutive month, U.S. home values fell in real terms, as June’s 3.5% inflation ran roughly two percentage points above the 1.5% home-price…
The post Home Prices Rise, But Market Outlook Dims on Rates, Affordability appeared first on RISMedia.
