Tag Archives: New Homes

Sale of new single-family homes fell 7.8 percent in January 2018 compared to the month before, according to the data on new home sales released by the U.S ...

Strong economic fundamentals and a growth in jobs were complemented by a rise in the number of people buying homes at the beginning of 2018 according to data ...

New home sales were up in 2017, according to new data. Not only did they jump about 8 percent across the entire year, but December alone marked a 14-percent rise from one year prior.

In a recent report, newly constructed homes tend to sell more compared to older homes, but in certain regions homeowners can get a better deal while still having newer amenities and less maintenance.

Decreases in construction jobs have just added to the inventory problems. According to analysis form the National Association of Homebuilders and the BLS Job Openings and Labor Turnover Survey, construction jobs saw a dip in March. Additionally, construction costs have been on the rise, possibly adding to this decline in construction sector employment.

Recent reports may have indicated that new single-family home construction is below its pre-recession levels, but one analysis found no shortage of newly-built homes in several markets.

As home prices continue to recover nationwide, a new study from the National Association of Home Builders (NAHB) suggests even a small increase in new home prices can leave hundreds of thousands of prospective buyers out in the cold.