New home sales are still up 9.2 percent year over year but have been falling since March, likely as a result of high home prices due to the rising cost of construction materials like lumber.
Source: Inman News
New home sales fall to 1-year low
Published in Department of Housing and Urban Development, keller williams, Markets & Economy, Matthew Speakman, new home sales, News Brief, predictive analytics, Ruben Gonzalez, U.S. Census Bureau and Zillow
More from Department of Housing and Urban DevelopmentMore posts in Department of Housing and Urban Development »
More from keller williamsMore posts in keller williams »
- NAR scores a victory in buyer commission lawsuit
- Should real estate agents have tattoos? The pros weigh in
- EXp digs at Compass during Q3 earnings as agent retention soars
- KW’s Jason Abrams on the ‘paradox’ of artificial intelligence
- Veronica Figueroa dismissed from KW recruitment suit, announces eXp Culture Center
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from Matthew SpeakmanMore posts in Matthew Speakman »
More from new home salesMore posts in new home sales »
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- New-home sales spiked in August to highest rate since 2022
- The American homeownership dream is primed for a comeback
- New-home sales declined in July but beat analyst expectations
- 1st-time buyers say ‘yes’ to older starter homes due to higher costs
More from News BriefMore posts in News Brief »
- HUD shifts homeless policy away from providing permanent housing
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Zillow hit with new class-action suit over alleged broker kickbacks
More from predictive analyticsMore posts in predictive analytics »
More from Ruben GonzalezMore posts in Ruben Gonzalez »
- Gary Keller: Real estate could be in a recession until late 2026
- A ‘herky jerky’ start to the spring buyer season isn’t deterring agents
- Gary Keller’s advice for navigating recession, commission confusion
- Gary Keller: A ‘rolling recession’ will hit the US housing market in 2024
- The 2 ‘buzzwords’ Keller Williams’ Marc King wants agents to master
More from U.S. Census BureauMore posts in U.S. Census Bureau »
More from ZillowMore posts in Zillow »
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
- Zillow defends private listing rule, criticizes Compass in new filing
- Realtor.com puts ‘spotlight’ on listing agents with new feature
- Why 88% of agent conversations never make it to the CRM
Be First to Comment