Builders pull back from new construction once again in April
Builders are navigating a complex mix of elevated costs, rising mortgage rates and waning consumer confidence, which is weighing heavily on the market
by Richelle Hammiel May 16
Tariff threats prompt builders to pump brakes on new construction
Housing starts fell 11.4% in March, a modest improvement from 2024, according to Census data released Thursday, with 1 economist describing the slump as 'well below consensus expectations'
by Richelle Hammiel Apr 17
New-home sales plunge 10.5%, fall below expectations
Compared to December, new-home sales dropped 10.5% to a seasonally adjusted rate of 657K, according to US Census Bureau data
by Richelle Hammiel Feb 26
New-home market a 'bright spot' as annual sales rise 9.8%
New-home sales rose 9.8% YOY to a seasonally adjusted annual rate of 716K in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall
by Marian McPherson Sep 25
Market headwinds stifled new construction growth in June
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
by Marian McPherson Jul 17
New-home sales enjoy big spring rally after signs of wear in February
Sales of newly built, single-family homes rose 8.8% in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3% year over year, according to the US Census Bureau
by Lillian Dickerson Apr 23
Housing starts leap in February as homebuilders become optimistic
Housing starts rose to a seasonally adjusted annual rate of 1.52M in February — 10.7% higher than in January, according to data released Tuesday by the US Census Bureau
by Ben Verde Mar 19
New-home sales soar in September — but analysts see sales slowdown
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
by Ben Verde Oct 25
New-home sales post third-straight monthly increase in February
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
by Ben Verde Mar 23
New-home sales reverse course, climb 7.5% in October
Sales of newly built homes climbed 7.5% between September and October to a seasonally adjusted rate of 632,000, according to data released Wednesday from the United States Census Bureau
by Ben Verde Nov 23
A man laying brick using mortar
Monthly housing starts rose 12.2% in August to a seasonally adjusted rate of 1,575,000, according to US Census Bureau data released Tuesday. August 2022 levels fell 0.1% year over year
by Ben Verde Sep 20
Multifamily sector lone bright spot as permits, starts, completions fall
New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to US Census Bureau data released Tuesday
by Ben Verde Jul 19
New home sales rebound in July as prices surge
Sales of newly built single‐family homes hit an adjusted annual rate of 708,000 in July, up 1% compared to the revised June rate of 701,000, according to the US Census Bureau
by Libertina Brandt Aug 24
Lazy homesellers are skipping repairs and cashing out — for now
Thanks to high demand and low supply, sellers don't have to do much to their homes to attract buyers — and often don't. But that could change, real estate agents told Inman
by Libertina Brandt Aug 5
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