Tag Archives: new home sales

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

By | | Uncategorized
Comments Off on 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 →

Fueled by deals, new-home sales soar to highest level in 17 months

By | | Uncategorized
Comments Off on Fueled by deals, new-home sales soar to highest level in 17 months

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 wilt in June but remain elevated amid low inventory

By | | Uncategorized
Comments Off on New-home sales wilt in June but remain elevated amid low inventory

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 →

Economy’s strength could keep a damper on existing-home sales

By | | Uncategorized
Comments Off on Economy’s strength could keep a damper on existing-home sales

Lack of inventory driven by mortgage lock-in effect may persist if the Federal Reserve maintains a ‘higher-for-longer’ rate strategy to combat inflation, Fannie Mae economists said. Continue reading →

Compass CEO: Pandemic craze will return once mortgage rates hit 5%

By | | Uncategorized
Comments Off on Compass CEO: Pandemic craze will return once mortgage rates hit 5%

Compass CEO Robert Reffkin revealed on CNBC how volatile mortgage rates are sidelining homesellers and why a boost in existing-home inventory could happen as early as December. Continue reading →

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

By | | Uncategorized
Comments Off on New home sales jumped 20% in May, a 12.2% jump from April

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 →

Builders are back on track. Here’s what that means for real estate

By | | Uncategorized
Comments Off on Builders are back on track. Here’s what that means for real estate

It wasn’t easy, but builders survived the market downturn without mass layoffs. And they’ve clawed their way back near normal sales levels. Continue reading →