Tag Archives: new residential sales

New residential sales drop nearly 14% in May, their sharpest in 3 years

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Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives. Continue reading →

New-home sales climb nearly 11%, but figures may be ‘overestimated’

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Sales of newly built single-family homes rose in April, pointing to continued buyer engagement during the spring homebuying season, the latest data from the U.S. Census Bureau and Department of Housing and Urban Development (HUD) suggests. New resident… Continue reading →

New-home sales beat expectations in March — by a long shot

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The surge in sales was a welcome positive sign during a tenuous period for the U.S. economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows. Continue reading →

New-home sales plunge 10.5%, fall below expectations

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Sales of newly built single-family homes declined during January, falling well below consensus estimates, according to data released Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading →

New-home sales show promise with 1.8% annual growth

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New-home sales improved across the board in January, according to the U.S. Census Bureau and the Department of Housing and Urban Development on Monday. New-home sales, which include when a homebuyer makes a deposit or signs a sales agreement, increased… Continue reading →

New-home sales soar to 1-year high in March as purchases leap 9.6%

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The strong monthly increase in sales marked the fourth-consecutive month of such increases, as buyers ease back into the market and adjust to a new landscape of higher mortgage rates. Continue reading →

Buyers shift gaze to unstarted builds as new home sales drop

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Homebuilders sold more unstarted homes in February, but these gains were more than offset by a decline in sales for homes under construction, according to the U.S. Census Bureau. Continue reading →

New residential home sales rise in August, reversing 2-month decline

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New residential home sales increased 3.5 percent in August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading →