After just shy of two years of decline, the US Single-Unit Housing Starts annual rate-of-change ticked upward with June and July data. While the 12-month moving total (12MMT) is still down...
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After just shy of two years of decline, the US Single-Unit Housing Starts annual rate-of-change ticked upward with June and July data. While the 12-month moving total (12MMT) is still down...
Continue ReadingHigh mortgage rates have been contributing to significant decline in US Single-Unit Housing Starts since the middle of 2022. There is fear, confusion, and misinformation regarding the...
Continue ReadingAffordability = Earnings + Home Prices + Mortgage Rates + Size What is new: Earnings are rising (adjusted for inflation). Home prices are declining. Mortgage rates are down. Single-family...
Continue ReadingUS Total Nonresidential Construction is on a tear. The $923 billion spent over the last 12 months is a record high.
Continue ReadingFrom the President's Desk Construction
Use caution if you are planning on investing in commercial real estate.
Continue ReadingFrom the President's Desk Construction
“Seeing the Future First” is important at ITR Economics, as it sums up our purpose and our passion. That is not always easy for a business leader, even a seasoned one, to do. As an example,...
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