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Honolulu

Nonresidential Construction Spending Falls 0.5 Percent in the U.S.

According to the Associated Builders and Contractors trade association's analysis of data published by the U.S. Census Bureau, national nonresidential construction spending was down by 0.5% in June 2022.

Pending Home Sales in America Fall 8.6 Percent in June

According to the National Association of Realtors, pending home sales decreased in June 2022, following a slight increase in May 2022. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West.

U.S. Homebuyer Demand Declined 10.7 Percent Annually in April

According to the latest data from ShowingTime, U.S. buyer competition for listings was slightly subdued in April 2022 as 103 markets across the country recorded double-digit showings per listing, compared to 146 in April 2021 and 121 in March of 2022.

U.S. New Home Sales Dive 27 Percent Year-Over-Year in April

According to the National Association of Home Builders, in a further sign of a housing slowdown, new home sales posted a double-digit percentage decline in April 2022, falling to their weakest pace in two years, as rising mortgage interest rates and worsening affordability conditions continue to take a toll on the housing market.

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