Despite ample inventory and more affordable prices, seasonally adjusted new residential sales dropped 6.6 percent annually. Experts attributed the drop to mortgage rates as the…
Posts published in “US Census Bureau”
New residential construction made progress in completions but largely fell short on starts and permits, according to new data released Wednesday by the US Census…
April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Source: Inman News
Housing starts fell 11.4 percent in March, a modest improvement from 2024, according to Census data released Thursday, with one economist describing the slump as…
New-home sales rose 9.8 percent year over year to a seasonally adjusted annual rate of 716,000 in August. However, an influx of existing-home inventory could…
High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains. Source:…
Sales of newly built, single-family homes rose 8.8 percent in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3…
Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released…