Supply of new homes for sale hits 27-year high

The for-sale inventory of new single-family homes bloated to its highest level in 27 years in January, as sales of new single-family homes slipped to the lowest adjusted annual rate in about 13 years, the U.S. Census Bureau and the Department of Housing and Urban Development announced today.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.