Tag Archives: Alicia Huey

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

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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 →

Housing starts inch up in July as builders scramble to meet demand

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Housing starts increased 3.9 percent between June and July to a seasonally adjusted annual rate of 1.45 million units, according to data released Tuesday by the U.S. Census Bureau. Continue reading →

Housing starts see biggest increase since 2016

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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 →

Builder confidence rises as low inventory hikes new-home demand

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New homes now represent a third of all homes on the market. That’s 2.5 times higher than the historical average for the two decades leading up to COVID-19, according to the NAHB/Wells Fargo HMI. Continue reading →

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

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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 →