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…
Posts published in “new home sales”
Lack of inventory driven by mortgage lock-in effect may persist if the Federal Reserve maintains a ‘higher-for-longer’ rate strategy to combat inflation, Fannie Mae economists…
Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early…
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean…
It wasn’t easy, but builders survived the market downturn without mass layoffs. And they’ve clawed their way back near normal sales levels. Source: Inman News
New data from the U.S. Census Bureau shows a jump in new-home sales as existing-home inventory continues to be in short supply. Source: Inman News
The strong monthly increase in sales marked the fourth-consecutive month of such increases, as buyers ease back into the market and adjust to a new…
Sales of newly built single-family homes rose 1.1 percent in February while the average sale price climbed to just under $500,000, according to data released…
A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according…
Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and…