MetroIntelligence Economic Update by P. DUFFY Existing home sales slide 2.0 percent in September, down 15.4 percent year-on-year Existing-home sales slid 2.0% in September to a seasonally adjusted annual rate of 3.96 million. Sales retreated 15.4% from one year ago. The median existing-home sales price grew 2.8% from one year ago to $394,300, marking the third consecutive month of year-over-year price increases. The inventory of unsold existing homes climbed 2.7% from the prior month to 1.13 million at the end of September, or the equivalent of 3.4 months’ supply…
Read MoreAuthor: BrianAnthony
It’s a “Tale of Two Housing Markets,” Fannie Mae CEO Says
It’s a “Tale of Two Housing Markets,” Fannie Mae CEO Says The dichotomy of both sellers’ unwillingness to sell and buyer apprehension has caused what real estate experts and economists refer to as the “lock-in” effect, which is leading to low existing… Read More Yahoo! Finance https://finance.yahoo.com/news/fannie-mae-ceo-says-shopping-191924409.html
Read MoreBuilding Materials Price Inflation Cools in September
Building Materials Price Inflation Cools in September According to the latest Producer Price Index report, the price level of inputs to residential construction less energy was unchanged in September after climbing 0.4% in August. Read More Eye On Housing https://eyeonhousing.org/2023/10/building-materials-price-inflation-cools-in-september/
Read MoreUSA Aims to Halve Costs of Retrofitting Homes with Clean Energy in 10 Years
USA Aims to Halve Costs of Retrofitting Homes with Clean Energy in 10 Years The USA Department of Energy (DOE) has launched an initiative to halve the costs of refurbishing homes with clean energy solutions and cut the energy cost burden of household consumers by 20 percent within… Read More Rig Zone https://www.rigzone.com/news/usa_aims_to_halve_costs_of_retrofitting_homes_with_clean_energy_in_10_years-16-oct-2023-174363-article/
Read MoreExploring Thermal Energy Storage Solutions for Energy-Efficient Buildings
Exploring Thermal Energy Storage Solutions for Energy-Efficient Buildings Can cooling methods of the 1800s advance energy storage needs for a clean energy future? Read More NREL https://www.nrel.gov/news/program/2023/exploring-thermal-energy-storage-solutions-for-energy-efficient-buildings.html
Read MoreU.S. Scientists Lay Out a Sweeping Roadmap for Decarbonization
U.S. Scientists Lay Out a Sweeping Roadmap for Decarbonization Meeting the Biden administration’s goal for the United States to be a net-zero greenhouse gas emitter by 2050 is a monumental challenge that must be tackled at an even more daunting pace. But the nation’s top… Read More Grist https://grist.org/energy/us-scientists-lay-out-a-sweeping-roadmap-for-decarbonization/
Read MoreBoston Building Will Use Far Less Energy Than a Conventional Design
Boston Building Will Use Far Less Energy Than a Conventional Design A new Boston skyscraper has a climate-friendly claim to fame. Last week, it became the largest office space in the world certified to the extremely energy-efficient “Passive House” standards — and the first skyscraper… Read More Canary Media https://www.canarymedia.com/articles/carbon-free-buildings/boston-skyscraper-named-worlds-biggest-passive-house-office
Read MoreA ‘Green’ Roof Adds Insulation and Helps Manage Storm Water
A ‘Green’ Roof Adds Insulation and Helps Manage Storm Water When most people offer guests a tour of their home, they give you a spin through the kitchen, living room and maybe their yard. At Mark and Lucia Freeman’s home, an elegant mid-century modern residence in… Read More Washington Post https://www.washingtonpost.com/home/2023/10/12/green-roof-benefits-costs/
Read MoreWhy Building Net Zero Homes Makes Commercial Sense
Why Building Net Zero Homes Makes Commercial Sense Replay of the Pathway to Net Zero session with Ian Pritchett explaining why building net zero homes makes commercial sense… Read More Energy Live News https://www.energylivenews.com/2023/10/17/greencore-homes-why-building-net-zero-homes-makes-commercial-sense/
Read MoreEPA Honors Homebuilders and Raters for Providing Healthier Indoor Air
EPA Honors Homebuilders and Raters for Providing Healthier Indoor Air These annual awards celebrate market-leading organizations that champion safer, healthier and more comfortable indoor environments through participation in and promotion of the Indoor airPLUS… Read More U.S. Environmental Protection Agency https://www.epa.gov/newsreleases/epa-honors-home-builders-and-raters-providing-healthier-indoor-air
Read More