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 new data from the U.S. Census Bureau.
Source: Inman News
After stellar March, new home sales reverse course, dip 6% in April
Published in builders, construction, Holden Lewis, inventory, lumber, lumber price, Markets & Economy, NerdWallet, new home sales, News Brief, US Census Bureau and us department of housing and urban development
More from buildersMore posts in builders »
- Housing starts plunge 10% in May to lowest level since 2020
- Builders pull back from new construction once again in April
- Here’s why builders are slamming the brakes on new apartments
- Tariff threats prompt builders to pump brakes on new construction
- Housing starts beat expectations in February but headwinds loom
More from constructionMore posts in construction »
More from Holden LewisMore posts in Holden Lewis »
- Existing-home sales decline, median sales price hits record high
- New-home sales fall abruptly in February for first time in 3 months
- Existing-home sales droop as mortgage rates hit 20-year highs
- Intel unpacks the startling price of entry into the US housing market
- New-home sales wilt in June but remain elevated amid low inventory
More from inventoryMore posts in inventory »
More from lumberMore posts in lumber »
- Homebuilders cry ‘uncle’ as duties on Canadian lumber hit 27%
- Homebuilders warn they’re facing a 40% tariff on Canadian lumber
- How union strikes like the Writers Guild of America impact real estate
- After stable stretch, lumber’s roller coaster ride scales yet another hill
- Homebuilding materials remain 38% costlier than normal
More from lumber priceMore posts in lumber price »
More from Markets & EconomyMore posts in Markets & Economy »
- Trump’s Fannie, Freddie public offering might not have much impact on mortgage rates
- Get ready to get hit with a tsunami of real estate consolidation
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Here’s why price cuts are sweeping the country
- Anywhere: The rise and fall of an industry giant
More from NerdWalletMore posts in NerdWallet »
More from new home salesMore posts in new home sales »
More from News BriefMore posts in News Brief »
- Man attacks real estate agent at vacant property outside LA
- A mega-team goes indie, and other big-time real estate moves
- Zillow bashes CoStar in request to transfer lawsuit
- In copyright battle with Zillow, CoStar says the portal giant ‘brazenly’ keeps at it
- Pending home sales jumped 4% in August in positive market signal
More from US Census BureauMore posts in US Census Bureau »
More from us department of housing and urban developmentMore posts in us department of housing and urban development »
Be First to Comment