Sales of newly built homes slipped a modest 0.3% between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the US Census Bureau
New-home sales increased 1.8% to a seasonally adjusted annual rate of 661,000. Economists say the report, alongside improved builder sentiment, shows promise for a robust spring
Sales of newly built single-family homes fell 12.2% between October and November to an annual rate of 590,000, but lower interest rates may bring relief
Housing starts jumped 14.8% between October and November to a seasonally adjusted annual rate of 1.56M. That's 9.3% higher than they were in December 2022
Luring high-income renters into homeownership will only become more challenging as costs stay high, according to experts and a survey of US consumers conducted by Dig Insights and Inman
Housing starts rose 1.9% from September to reach a seasonally adjusted annual rate of 1.372M
New housing starts increased 7% in September to a seasonally adjusted rate of 1.36M, or 7.2% below the levels seen in September 2022, according to Census Bureau data released Wednesday
Sales of newly built homes dropped 8.7% in August to a seasonally adjusted annual rate of 675,000
In August, housing starts hit their lowest level since June 2020, when builders were struggling with COVID-fueled 'shutdowns, labor shortages and supply chain issues,' according to US Census data
New-home sales rose 4.4% in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the US Census Bureau
New-home sales drooped 2.5% from May to a seasonally adjusted rate of 697,000 — 23.8% higher than June 2022, according to data released Wednesday by the US Census Bureau
Sales of newly built single-family homes were at a seasonally adjusted rate of 763,000 during May 2023 — 20% higher than the levels seen in May 2022, according to data from the US Census Bureau
Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7% jump from April and 5.7% higher than the levels recorded in May 2022, according to Census Bureau data
The strong monthly uptick in sales marked the fourth-straight month of increases as homebuyers eased back into the market and adjust to higher mortgage rates, according to new Census data
Apartment building construction soared 24% in February, lifting new housing starts overall despite a weak month for single-family builds, according to data from the US Census Bureau