Tag Archives: New Home Sales

According to Odeta Kushi, First American's Deputy Chief Economist, there has never been an official or general agreement on what constitutes a housing recession.

Potential home sales decreased on a monthly and yearly basis, due in part to low inventory. Click through to find out how that affects future sales.

According to a new CoreLogic report, single-family rent price growth was up by nearly 6% year-over-year in January, marking the lowest rate of appreciation since the spring of 2021.

According to the latest Mortgage Bankers Association Builder Application Survey data for February 2023, mortgage applications for new home purchases increased just 1.2% compared to the same time a year ago.

The demand for home inventory continues, despite contractors being impacted by cost increases, supply shortages, and transport bottlenecks.

The report found every region of the nation recorded a monthly increase despite lagging inventory.

Analysis on the market said the industry is responding to a “avalanche of applications” for both purchases and refinances.

A survey found June 2020’s number far surpass the year prior and prospective buyers are looking to the suburbs.

Further analysis of the report added that the market's low point in sales is likely behind us. Click through to read more.

Click through to see how far the U.S. Census Bureau reports that drop from February was.