In August, housing starts hit their lowest level since June 2020, when builders were struggling with COVID-fueled “shutdowns, labor shortages and supply chain issues,” according to U.S. Census data. Continue reading
New-home sales rose 4.4 percent in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the U.S. Census Bureau. Continue reading
New-home sales drooped 2.5 percent from May to a seasonally adjusted rate of 697,000 — 23.8 percent higher than June 2022, according to data released Wednesday by the U.S. Census Bureau. Continue reading
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. New home sales surged 20 percent from a year a… Continue reading
Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7 percent jump from April and 5.7 percent higher than the levels recorded in May 2022, according to U.S. Census Bureau data. Continue reading
The strong monthly increase in sales marked the fourth-consecutive month of such increases, as buyers ease back into the market and adjust to a new landscape of higher mortgage rates. Continue reading
Apartment building construction soared 24 percent in February, lifting new housing starts overall despite a weak month for single-family builds, according to data released Thursday by the U.S. Census Bureau. Continue reading
A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by the U.S. Census Bureau. Continue reading
Overall housing starts clocked in at a seasonally adjusted annual rate of 1,382,000, 1.4 percent below levels recorded in November, according to new data released Thursday by the U.S. Census Bureau. Continue reading
New-home sales rose 5.8 percent to a seasonally adjusted rate of 640,000, according to data released Friday by the U.S. Census Bureau and Department of Housing and Urban Development. Continue reading