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US Monthly New Residential Sales, January 2026
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for January 2026: charts Sales of new single-family houses in January 2026 were at a seasonally-adjusted annual rate of 587,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 17.6 percent (±13.3 percent) below the December 2025 rate of 712,000, and is 11.3 percent (±15.6 percent)* below the January 2025 rate of 662,000. The seasonally-adjusted estimate of new houses for sale at the end ... (full story)
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At its meeting ending on 18 March 2026, the Monetary Policy Committee (MPC) voted unanimously to maintain Bank Rate at 3.75%. Conflict in the Middle East has caused a significant increase in global energy and other commodity prices, which will affect households fuel and utility prices and have indirect effects via businesses costs. Prior to this, there had been continued disinflation in domestic prices and wages. CPI inflation will be higher in the near term as a result of the new shock to the economy. Monetary policy cannot influence global energy prices but aims to ensure that the economic adjustment to them occurs in a way that achieves the 2% target sustainably. The MPC is alert to the increased risk of domestic inflationary pressures through second-round effects in wage and price-setting, the risk of which will be greater the longer higher energy prices persist. The MPC is also assessing the implications for inflation of the weakening in economic activity that is likely to result from higher energy costs. *BANK OF ENGLAND HOLDS KEY INTEREST RATE AT 3.75% IN 9-0 VOTE *BOE SAYS ALL MEMBERS 'STAND READY TO ACT' TO CONTAIN INFLATION *BOE SEES INFLATION AT OVER 3% IN FEBRUARY, NEAR 3.5% IN MARCH
Bank of England votes unanimously to keep rates on hold as Iran war clouds outlook The Bank of Englands Monetary Policy Committee has voted unanimously keep its benchmark interest rate on hold at 3.75% on Thursday. Before the war in Iran erupted in late February, the BOE had been expected to cut its key interest rate, known as Bank Rate, at its March meeting, but the conflict has sent global energy prices soaring, clouding the outlook for inflation and growth. Conflict in the Middle East has caused a significant increase in global energy and other commodity prices, which will affect households fuel and utility prices and have indirect effects via businesses costs, the BOE said in a statement.