Today new home sales beat estimates, and new home median sales prices hit an all-time high. What is going on here? My job is always to be the detective, not the troll so let’s take […]
New home sales came in as a massive beat of sales estimates, with a 28% month-to-month increase. And, out of the 461,000 new homes available for sale, only 49,000 have been completed and are available […]
After a sharp decline in July, new home sales rebounded in August, according to data released Tuesday by the U.S. Department of Housing and Urban Development (HUD)and the U.S. Census Bureau. Sales of new single-family homes in August […]
The monthly New Home Sales data from the Census Bureau is usually just “there”–one of several monthly housing-related reports that makes no promises about being interesting or saying anything very different from the other housing […]
The headline conveys the thesis quite well when it comes to the New Residential Sales data just released by the Census Bureau. July’s total fell to a seasonally-adjusted annual pace of 511k, down from 585k […]
Just a year ago, homebuilders were overflowing with new contracts and, at times, raffling off their few remaining lots to wait-listed buyers. But since then, buyer traffic has slowed significantly as costs have soared. Rising […]
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