Dear HGAR Members:Here are today’s Daily Updates – May 8, 2020:NEW YORK STATE NEWSCuomo Says, ‘We Have the Beast on…
total private construction spending rose 8.8%
the report shows a significant downturn, with a seasonally adjusted annual sales rate of 627,000 homes
economic stoppage has halted the momentum in the housing market generated by young, would-be homebuyers
home sales dropped by the most in nearly 4-1/2 years in March
The bottom line of all these changes is lenders are attempting to protect themselves
New residential construction slowed sharply in March as the coronavirus pandemic swept across the United States.
Builder confidence in the market for newly-built single-family homes plunged 42 points
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