The National Association of Home Builders chairman Chuck Fowke issued the following statement after the U.S. Commerce moved forward last week with an administrative review to double the tariffs on Canadian lumber shipments into the U.S. from 9 percent to 17.9 percent.
While that's down from a peak 118% year-over-year increase in September 2020, it's up significantly from a year ago and marks the eighth straight month of 80%-plus year-over-year growth.
Florida's housing market in December 2020 showed more closed sales, more new pending sales, higher median prices, and more new listings compared to a year ago. Single-family existing-home sales rose 21% compared to a year ago.
The total number of loans now in forbearance decreased from 5.54% of servicers' portfolio volume in the prior week to 5.48% as of December 6, 2020. MBA's estimate, 2.7 million homeowners are in forbearance plans.
According to AAA Travel, Thanksgiving will be on the lighter side when it comes to the typical number of travelers on U.S. roads and airports.
Posted on November 25, 2020
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