Higher mortgage rates are now “housing market’s primary constraint,” economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent…
Posts published in “new home sales”
New home sales took an 8.6 percent hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new…
Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according…
Sales of new houses in December 2021 were at an annual adjusted rate of 811,000, according to data from the U.S. Census Bureau. Source: Inman…
After increasing by a modest 0.4 percent in October, new home sales saw a 12.4 percent increase in November, according to the U.S. Census Bureau…
New home sales in October increased by a modest 0.4 percent to a seasonally adjusted annual rate of 745,000 following a furious September. Source: Inman…
For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter “mature state of the…
Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record…
Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7 percent to 6.8…
Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate,…