Tag Archives: nahb

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 tally ‘unexpected’ uptick amid rising mortgage rates

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New housing starts increased 7 percent in September to a seasonally adjusted rate of 1.36 million, or 7.2 percent below the levels seen in September 2022, according to Census data released Wednesday. Continue reading →

After a pandemic pause, the built-for-rent revolution is underway

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The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors. Continue reading →

New home sales jumped 20% in May, a 12.2% jump from April

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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 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 →