Sales of newly built homes slipped a modest 0.3 percent between January and February to a seasonally adjusted annual rate of 662,000, according to data…
Posts published in “Holden Lewis”
Home sales fell 2 percent between August and September and retreated 15.4 percent from a year ago as prices and interest rates climbed. Source: Inman…
New-home sales drooped 2.5 percent from May to a seasonally adjusted rate of 697,000 — 23.8 percent higher than June 2022, according to data released…
Sales of existing homes fell 5.9 percent to a seasonally adjusted rate of 4.43 million — 28.4 percent lower than in October 2021, according to…
“Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,” said NAR’s Chief Economist Lawrence…
Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the…
Several economists and housing experts share what could unfold for homeowners, renters and the overall economy when the CDC’s eviction and foreclosure moratorium ends on…
According to the U.S. Census Bureau’s latest report on Monday, new residential sales declined 19.4 percent from June 2020. Source: Inman News
The decline follows a record month for new home sales, when they hit a 15-year high of more than 1 million in March, according to…