With new-home sales growing since 2022, why are housing starts at recessionary levels? Well, it’s a…
Tag: New Home Sales
Real estate agents have mixed feelings about Fed rate cut
Real estate agents have white-knuckled their way through more than two years of suffocatingly high mortgage…
Single-family construction permits jump significantly: NAHB
Mortgage rates remain relatively high and existing-home inventory is low as a result. That’s providing a…
New-home sales pop, but supply is shrinking
Elevated mortgage rates and ample supply have given homebuilders an advantage over sellers of existing homes…
New home sales struggling to grow with higher rates
From Census: New Home Sales: Sales of new single-family houses in June 2024 were at a…
New home sales show why permits are falling
Today, new home sales came in slightly below estimates. The three monthly revisions were positive, but…
What the new home sales report shows about labor market risk
When single-family permit demand collapsed in 2022, we still had a healthy backlog of homes that…
New-home sales stumble as existing inventory increases
New-home sales cooled in April as the supply of existing homes increased and demand was hampered…
Sun Belt cities lead the way for new home sales
As homebuyers continue to grapple with a lack of existing homes for sale, the market for…
Demand stalled in March for new-home purchases: MBA
Mortgage applications for new homes stalled in March as buyers felt the brunt of sustained home…