New-home sales wilt in June but remain elevated amid low inventory
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
by Ben Verde Jul 26
Existing-home sales slip for ninth-consecutive month in October
Sales of existing homes fell 5.9% to a seasonally adjusted rate of 4.43M — 28.4% lower than in October 2021, according to data released Friday by the National Association of Realtors
by Ben Verde Nov 18
Existing home sales drop for 6th straight month: 'Not a recession'
'Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,' said NAR's Chief Economist Lawrence Yun
by Ben Verde Aug 18
'It's a hopeful sign': Builders forge ahead on new home starts
Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the US Census Bureau
by Daniel Houston Dec 16
Eviction and foreclosure bans end
Economists and housing experts share what could unfold for homeowners, renters and the economy now that the CDC's eviction and foreclosure moratorium is over
by Marian McPherson Jul 31
New home sales plunge to 14-month low in June
New residential sales declined 19.4% from June 2020, according to the US Census Bureau's latest report on Monday.
by Marian McPherson Jul 26
After stellar March, new home sales reverse course, dip 6% in April
The decline follows a record month for new home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau
by Lillian Dickerson May 25
Residential construction on the rise amid major inventory shortage
Residential housing starts rose 19.4 percent from February to March, according to a new report from the US Census Bureau
Housing permits up as starts and completions drop slightly
New homes authorized by permits were up 22.5% year over year in January, according to the latest report by the US Census Bureau
New-home sales show modest uptick after a sluggish November
The seasonally adjusted annual rate of new single-family home sales in December clocked in at 842,000, 1.6% above the revised November rate of 829,000
by Lillian Dickerson Jan 28
The surge in new single-family home sales is slowing down
The sales rate of new single-family homes dropped 11% from October to November
by Patrick Kearns Dec 23
New home sales break 1M mark for first time since 2006
Low-interest rates and a lack of existing homes pushed new-homes sales to a new high, according to the US Census Bureau and Department of Housing and Urban Development
by Marian McPherson Sep 24
Housing starts soar 22.6% in July
'Strong builder confidence and heavy buyer traffic point to further production gains in the near term,' said Chuck Fowke, chairman of the National Association of Home Builders
New single-family home sales soar to highest rate in 13 years
Sales of new single-family homes rose 13.8% year over year, according to data from the US Census Bureau and the Department of Housing and Urban Development Development
Mortgage rates drop to 30-year low
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
by Lillian Dickerson Apr 15