New-home sales enjoy big spring rally after signs of wear in February

Sales of newly built, single-family homes rose 8.8 percent in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3 percent year over year, according to the U.S. Census Bureau. Continue reading

Housing starts leap in February as homebuilders become optimistic

Housing starts rose to a seasonally adjusted annual rate of 1.52 million in February — 10.7 percent higher than in January, according to data released Tuesday by the U.S. Census Bureau. Continue reading

New-home sales soar in September — but analysts see sales slowdown

New-home sales skyrocketed in September, soaring to a 20-month high, according to data issued Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading

New-home sales post third-straight monthly increase in February

Sales of newly built single-family homes rose 1.1 percent in February while the average sale price climbed to just under $500,000, according to data released Thursday by the U.S. Census Bureau. Continue reading

New-home sales reverse course, climb 7.5% in October

Sales of newly built homes climbed 7.5 percent between September and October to a seasonally adjusted rate of 632,000, according to data released Wednesday from the United States Census Bureau. Continue reading

New construction scores a modest win as housing starts jump 12%

Monthly housing starts rose 12.2 percent in August to a seasonally adjusted rate of 1,575,000, according to U.S. Census Bureau data released Tuesday. August 2022 levels fell 0.1 percent year over year. Continue reading

Multifamily sector lone bright spot as permits, starts, completions fall

New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to U.S. Census Bureau data released Tuesday. Continue reading

Lazy homesellers are skipping repairs and cashing out — for now

Thanks to high demand and low supply, sellers don’t have to do much to their homes to attract buyers — and often don’t. But that could change, real estate agents told Inman. Continue reading

Lazy homesellers are skipping repairs and cashing out — for now

Thanks to high demand and low supply, sellers don’t have to do much to their homes to attract buyers — and often don’t. But that could change, real estate agents told Inman. Continue reading