Executive Industry Trends
Housing market activity picks up after a tepid second half of 2018 as mortgage rates decline and ease concerns over affordability.
30-year mortgage rates and 10 year treasury yields declined 17 and 27 basis points respectively year-over-year. As the Fed continues its wait-and-see approach on future rate hikes, market sentiment is increasingly predicting that the next move will be to cut rates.
The lower-priced entry-level home segment is set to drive further housing market growth as increased prices have slowed demand in the higher-priced move-up and luxury segments.
IN THIS ISSUE
Construction Overview
GDP
Unemployment
Value Put-In-Place
10-Year Yield and Real Broad Dollar Index
Sector Focus
Residential Construction
30-Year Mortgage Rates
NAHB Indices
Housing Starts & Building Permits
New and Existing Home Sales & Months Supply
Sector Roundup
Building Materials
Roads, Highways, and Bridges
Non-Residential Construction