De Groote Financial Group August 26, 2016

New Home Sales Jump 12.4% in July… The move puts new home sales up more than 30% from the same time last year. What it means – Demand for new homes remains solid, as sales are at their highest level since 2007. Still, the current pace is less than half of what it was at […]

De Groote Financial Group July 22, 2016

Housing Starts Up 4.8% in June, Reversing Decline in May… Single-family housing starts increased 4.4% and multifamily starts moved up 5.4%. What it means – Home builders will breathe a little easier knowing that housing isn’t sliding backward, but there’s not a lot of forward momentum, either. Housing starts climbed back to 1.189 million units on an annualized basis, which keeps […]