Sales of newly built single-family homes declined during January, falling well below consensus estimates, according to data released Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development.
Source: Inman News
New-home sales plunge 10.5%, fall below expectations
Published in census bureau home sales, Data, Department of Housing and Urban Development, first american, high interest rates, homebuying, homeselling, housing inventory, housing shortage, hud, inman, Markets & Economy, median sales price, mortgage rates, nashville, new home sales, new residential sales, News Brief, Odesa Kushi, Odeta Kushi, residential sales, Richelle Hammiel, Select, Seller's Strike, the Department of Housing and Urban Development, total housing inventory, U.S. Census Bureau, US Census Bureau and west
More from DataMore posts in Data »
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October brought the strongest buyer’s market in 12 years: Redfin
- The inventory surge is sputtering. See how your market stacks up
- New client leads, murky waters: October’s mixed bag for real estate
- What Zillow’s marketing genius can teach you about social media
More from Department of Housing and Urban DevelopmentMore posts in Department of Housing and Urban Development »
More from first americanMore posts in first american »
- Does this new housing data foreshadow a recession?
- Mortgage rates drop sharply as Powell shifts stance on rate cuts
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- Housing starts plunge 10% in May to lowest level since 2020
More from high interest ratesMore posts in high interest rates »
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
- Inman is celebrating 30 years of community, and you’re invited
- Are sellers coming off the sidelines in your market? Pulse
- A blockbuster roster of luxury icons are heading to San Diego in July
- Your 5 most pressing questions answered at ICSD
More from homebuyingMore posts in homebuying »
More from homesellingMore posts in homeselling »
- Tailwinds pull October existing-home sales up 1.2%
- October brought the strongest buyer’s market in 12 years: Redfin
- 53% of US homes lost value from 2024 — but it’s not a crash
- NAR scores a victory in buyer commission lawsuit
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
More from housing inventoryMore posts in housing inventory »
- 3 under-the-radar trends from October’s Intel Index survey
- Let’s fill in the economic puzzle pieces as key data goes missing
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- Discounts, lower mortgage rates give homebuyers deals this fall
- 7 low-inventory market strategies every agent should adopt in Q4
More from housing shortageMore posts in housing shortage »
- 48% of Americans blame investors for ‘unreasonable’ housing costs
- Fed signals it’s just getting started with 1/4 percentage point rate cut
- Rising wages and job growth pushed pending home sales up slightly in May
- Spanish court rules against Airbnb, orders shutdown of 66K listings
- Housing starts beat expectations in February but headwinds loom
More from hudMore posts in hud »
- What saved my life — and why our industry must choose compassion over judgment
- HUD shifts homeless policy away from providing permanent housing
- 2025 a banner year for mortgage deregulation and legislation
- Government shutdown nails housing programs in Week 2
- Shutdown slowing FHA, VA approvals; USDA loans are on hold
More from inmanMore posts in inman »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Change strategy as the market shifts to win the listings long game
- Can agents use AI to help with contracts and disclosures?
- 5 lead-generation metrics you must review before 2026 begins
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from median sales priceMore posts in median sales price »
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
More from nashvilleMore posts in nashville »
- Stock market gains push luxury homebuyers ahead in October
- October brought the strongest buyer’s market in 12 years: Redfin
- 5 copy-and-paste direct-mail campaigns that will fuel your best year ever in 2026
- Inman is celebrating 30 years of community, and you’re invited
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
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 new residential salesMore posts in new residential sales »
- New residential sales drop nearly 14% in May, their sharpest in 3 years
- New-home sales climb nearly 11%, but figures may be ‘overestimated’
- New-home sales beat expectations in March — by a long shot
- New-home sales show promise with 1.8% annual growth
- New-home sales soar to 1-year high in March as purchases leap 9.6%
More from News BriefMore posts in News Brief »
More from Odeta KushiMore posts in Odeta Kushi »
- Does this new housing data foreshadow a recession?
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Single-family permits and starts reach 11-month low in June
- High-net-worths find safe harbor in real estate: Sotheby’s Realty
- Housing starts plunge 10% in May to lowest level since 2020
More from residential salesMore posts in residential sales »
More from Richelle HammielMore posts in Richelle Hammiel »
- Opendoor reaches $39M settlement in pricing algorithm suit
- Frank Lloyd Wright’s prairie-style DeRhodes House lists near $1.18M
- Investors contemplate options amid market shift: The Download
- Despite market shift toward buyers, they’re still backing away
- Opendoor hit with Nasdaq notice, skids closer to delisting zone
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from the Department of Housing and Urban DevelopmentMore posts in the Department of Housing and Urban Development »
More from total housing inventoryMore posts in total housing inventory »
More from U.S. Census BureauMore posts in U.S. Census Bureau »
More from US Census BureauMore posts in US Census Bureau »
More from westMore posts in west »
- October was another slow month for pending home sales
- Tailwinds pull October existing-home sales up 1.2%
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
- Starter homes see bigger price cuts than luxury listings
Be First to Comment