Tag Archives: new home sales

Homebuilding industry relieved as dockworkers’ strike ends Friday

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International Longshoremen’s Association’s strike ended on Friday, removing worries that an extended strike would negatively impact new-home starts and sales. Continue reading →

New-home market a ‘bright spot’ as annual sales rise 9.8%

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New-home sales rose 9.8 percent year over year to a seasonally adjusted annual rate of 716,000 in August. However, an influx of existing-home inventory could pose a challenge to new-home sales into the fall. Continue reading →

Economists predict big slowdown in home price appreciation

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As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford and prices are already coming down in some markets Continue reading →

BofA analysts cast doubts on prospects for 2025 sales rebound

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“The U.S. housing market is stuck, and we are not convinced it will become unstuck anytime soon,” economists at Bank of America Global Research say of ongoing affordability issues. Continue reading →

US inventory rises to highest level since 2022 as new-home sales fall

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Newly built homes available on the market rose to 480,000, representing a supply of 9.1 months at the current sales rate, up from an 8.5 month supply in March, according to U.S. Census Bureau data. Continue reading →

Consumer disconnect: Good time to sell means it’s a bad time to buy

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Fannie Mae survey finds 67 percent of Americans agree that it’s a good time to sell, the highest level in nearly 2 years. But only 20 percent say it’s a good time to buy. Continue reading →

Land tells a story. Sell it with Land id: Tech Review

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The web and mobile application offers users exceptionally in-depth information on the one global resource that can no longer be produced — land. Continue reading →

New-home sales fall abruptly in February for first time in 3 months

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Sales of newly built homes slipped a modest 0.3 percent between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the U.S. Census Bureau. Continue reading →

Homebuyer mortgage demand down for 5th consecutive week

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With mortgage rates hovering above 7 percent, requests for purchase loans were down by a seasonally adjusted 5 percent week over week and 2 percent lower than a year ago. Continue reading →

New-home sales off to a roaring start with record January bump

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Loan applications for new-home purchases were up 19 percent from a year ago in January, according to an MBA survey of builders that’s been an accurate predictor of trends. Continue reading →