Housing Wire
New home sales still growing from 2022 lows
New home sales have been one of the brighter housing stories since the home sales crash in 2022 — as we can see in the chart below, new home sales have been able to […]
New-Home Sales
Weely Real Estate News
New Home Sales Inched Down in February
Sales of new single‐family houses during February were at a seasonally adjusted annual rate of 662,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. Last month’s […]
Housing Wire
New home sales rose 12% in May
New home sales in May rose 12.2% from April, which marks the third consecutive month of growth. Sales of new single‐family houses came in at a seasonally adjusted annual rate of 763,000, according to estimates […]
Housing Wire
New home sales defy recession calls
New home sales are up 20% year over year, and existing home sales are down 20% year over year; this is something we don’t see very often. One group has the advantage here while the […]
Housing Wire
New home sales proving Wall Street was wrong
Why are the homebuilder stocks up so much? Don’t they know the new home sales apocalypse is here? You know, the one that says we have too much inventory and millions of vacant homes in […]
Housing Wire
New home sales rose by 9.6% in March
New home sales posted yet another increase in March, rising 9.6% from February to a seasonally adjusted annual pace of 683,000 homes, according to data published on Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). […]
Mortage News
New Home Sales Bounced Back in March
New home sales figures bounced higher again in Marc h, outperforming February sales by 9.6 percent. The U.S. Census Bureau and Department of Housing and Urban Development said newly constructed single-family homes sold at a […]
Housing Wire
New home sales climb in February for the third straight month
New home sales continued to rise in February, jumping 1.1% from January to a seasonally adjusted annual pace of 640,000 homes, according to data published on Thursday by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). On […]
Mortage News
New Home Sales Rose Slightly After Revisions Erased January’s Surge
New home sales surprised everyone in January, surging by 7.5 percent to 670,000 units, the highest rate since March 2022. It was, however, only an illusion. That number has now been revised down to 633,000. […]
Mortage News
Downward Revision Pushes November New Home Sales Slightly Higher
New home sales in November were a bit of a surprise, but a downward revision to October numbers accounted for much of the unexpected increase. The U.S. Census Bureau and Department of Housing and Urban […]