Essay writing tips, essay examples Pages November 15, Macroeconomics - Homebuilding Industry Many economists thought that when the U. Yet housing starts and sales atomic number 18 gloomy from crest directs, and while various reports indicate housing prices are stillness ahead of yr-earlier levels, that masks the fact prices indeed have declined everywhere the historic six months. So why has the decline in housing not yet reduced the gross domestic product and palpable increment roll of the U.
Poonkulali Thangavelu September 29, — Thus, whether you are an investor looking to follow the broader economy or whether you are looking for indications about the state of the housing market, housing market indicators could provide input.
Construction Spending The U. Census Bureau puts out a monthly report on the construction spending activity, by dollar value, in the country. The report gives a breakdown by residential and nonresidential spending, as well as by private and public spending.
Residential Construction Another U. Home Sales The National Association of Realtors provides a report on the number of used homes sold every month, as well as previous month and previous year input, for single-family houses, condos, and co-ops. This report, based on actual home sale closings, also provides input on inventory, prices, and regional sales performance.
State-level Home Sales Reports Various realtor groups in major states with significant housing activity — such as California, Florida, Illinois, and Texas — put out periodical reports on the sales activity and home prices in their respective states. These reports provide a more nuanced local-level market feel.
New Home Sales A government report on new residential sales provides input on the number of new homes sold nationwide, based on sales contracts signed. Also, it looks at the inventory of new houses for sale and the median and average prices of houses sold.
Pending Sales Looking at the number of purchase contracts signed by buyers of existing homes, the National Association of Realtors produces a pending home sales index monthly report.
This gives an idea about the level of sales closings to expect in upcoming periods. It also gives a regional breakdown of the pending sales activity and compares it to activity in the previous month and year. By taking a monthly survey of home builders, the NAHB gets input on how they feel about the current level of sales and buyer traffic, as well as their sales expectations for the upcoming six months.
The index also provides regional input for the Northeast, Midwest, South, and West regions. Price Indices To get an idea about the level of home prices nationwide, which could provide a hint about buyer interest and general housing market optimism, there are also various price indices available.
This looks at the national trend, as well as prices in certain metropolitan areas. The Bottom Line There is a variety of input available for investors who are looking to get an idea about the state of the US housing sector.
Used together, these indicators could help paint a picture of the health of the housing market.US Auto Industry Market Essay.
Words 6 Pages. The U. S. auto industry's share of the market has experienced fluctuations over the past 50 years. These fluctuations have been caused by many reasons which include quality, price, and foreign competition.
The Ford Motor Company, General Motors Company, and the Chrysler Corporation are the. The home building industry or real estate industry is a very important sector to the economy of U.
S. It stimulates the U. S economy both directly and indirectly. Direct impact is made when jobs are created, wages paid and tax revenues made. This free Economics essay on Essay: Economic growth is perfect for Economics students to use as an example.
Demand In The Construction Industry Economics Essay. By: MAHIMA SINGH. ADT- 1ST YEAR (FULL TIME) @ Student declaration.
By submitting my work here I declare that: this work is my own. if this is a group project, each student has contributed to .
Impact of Macroeconomics on the Housing Industry Essay - To better understand the real impact macroeconomics has in an economy or a particular industry, it is better to define what macroeconomics is and what it attempts to study. Dec 02, · Private equity, the small business lobby group and the homebuilding industry are all up in arms A bill of two halves: A lot to like and a lot to dislike in the Republican tax bill Nov 2nd , 9.