A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin
Lumber futures were trading at $454 per thousand board feet Monday after ascending to $539 per thousand board feet the week earlier, according to numbers tracked at Nasdaq.com
Single-family projects took yet another beating in September, declining nearly 5% from the previous month and 18% year over year, according to data Wednesday from the US Census Bureau
Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing
In parts of the country, buyers are backing out of contracts for new homes at rates not seen since the shock of the pandemic first set in during March of 2020
Homebuilders sold more unstarted homes in February, but these gains were more than offset by a decline in sales for homes under construction, according to the US Census Bureau
With more people buying sight unseen and fighting to get offers accepted, buying new construction becomes a worthwhile consideration. Now imagine how much more attractive buying new becomes when builders actually meet the buyer halfway
More than 9 in 10 homebuilders reported their homebuyer prospects were either more qualified to buy a new home or about as qualified as the ones from last spring, according to a new survey
The launch of KW New Homes comes amid an ongoing period of historically low housing inventory, making new homes an especially appealing area of focus for many agents
Buyers can get pretty opinionated when it comes to a home's age and architectural style. Here's a breakdown of where the country's oldest and newest homes are located, and everything in between
What homes are optimal for living and working through stay-at-home orders and social distancing? It may depend on lifestyle and what a buyer is willing to put up with
New listings of newly constructed homes decreased 4.1% year over year to a seasonally adjusted rate of 74,000 in August, according to a report on Friday from Redfin
The homebuilder also said its move-up program with Opendoor 'is becoming an industry standard'
Privately owned housing starts increased 1.6% year-over-year in September but fell 9.4% percent from August
NAHB's Housing Market Index rose 3 points in May