Sales of new single‐family homes in May rose to 696,000, a 10.7% month-over-month rise of April’s recorded total of 629,000.
Read More »May Housing Completions Jump 9.1% Month-Over-Month
Hitting the highest rate recorded in 15 years, housing completions rose in May, a sign that construction bottlenecks may be easing.
Read More »Prices Leaving More ‘Unable or Unwilling’ to Buy a Home
S&P CoreLogic Case-Shiller reports steady acceleration in U.S. home prices to close out Q1, a period that presented some of the most competitive market conditions since the start of the pandemic.
Read More »New-Home Sales Continue Downward Trajectory
The price of new home sales experienced a near 17% decline in April, hitting its lowest level in two years.
Read More »Housing Starts Decline Slightly in April
The rise in mortgage rates and inflationary concerns are impacting new residential construction, as borrower costs continue to force many prospective buyers to the sidelines.
Read More »New Home Sales Dip in March
Following a drop in existing-home sales in March, new home sales fell 8.6% below February rate amid rising rates and inflationary concerns.
Read More »Housing Starts Edge Upward Month-Over-Month
Despite lingering supply chain concerns, there were 811,000 single-family units under construction in March, marking the highest level since 2006.
Read More »National Median Mortgage Payment Rises Month-Over-Month
The Mortgage Bankers Association (MBA) has launched a new affordability index aiming to measure how new mortgage payments vary across time relative to their income. The new monthly ...
Read More »New Home Sales Slip in February
Sales of new single‐family houses were at a seasonally adjusted annual rate of 772,000 in February, falling 2% below January’s rate of 788,000.
Read More »New Residential Construction Statistics for February 2022 Are In
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts ...
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