trending Market Intelligence /marketintelligence/en/news-insights/trending/M3lP_MmhZ6aMLL7AAeOrNA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

US housing market: New home sales, single-unit housing starts snap back in June

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

US housing market: New home sales, single-unit housing starts snap back in June

New single-family homes sales grew 7.0% month over month in June, after falling 7.8% the month prior, after seasonal adjustment. On a yearly basis, new home sales were up 4.5% according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Privately owned single-unit housing starts were up 3.5% on a monthly basis but were down 0.8% year over year.

Existing home sales dipped for the month, down 1.7% compared to May levels and 2.2% year over year despite lower mortgage rates, according to the National Association of Realtors. NAR Chief Economist Lawrence Yun attributed the low home sales to an imbalance in supply and demand for mid- to lower-priced homes. While the market maintains solid demand, according to Yun, insufficient supply is consequently pushing up home prices.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index continued its ascent in May, up 0.2% month over month, after seasonal adjustment, and 3.4% on a yearly basis.

SNL Image