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
Builder confidence in the market for single-family homes rose 3 points to a score of 37 during December, the first monthly improvement since August
Sales of newly built single-family homes clocked in at a seasonally adjusted annual rate of 679,000 during the month of October
October saw builder confidence in the market for newly built single family homes fall 6 points to a measure of 34, the lowest level since December 2022
New-home sales skyrocketed in September, soaring to a 20-month high, according to data issued Wednesday by the US Census Bureau and the Department of Housing and Urban Development
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
Builder sentiment for newly built single-family homes slid five points to a score of 45, the second straight month of steep decreases
Housing starts increased 3.9% between June and July to a seasonally adjusted annual rate of 1.45M units, according to data released Tuesday by 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
New homes now represent a third of all homes on the market, 2.5 times higher than the historical average for the 2 decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI
Sales of newly built single-family homes rose 1.1% in February while the average sale price climbed to just under $500K, according to data released Thursday by the US Census Bureau