August Housing News: Higher Mortgage Rates Cool June New Home Sales
Rising mortgage rates and elevated construction costs put a damper on new home sales in June. Sales of newly built, single-family homes in June fell [...]
New Home Sales See Significant Increase in May
A lack of existing inventory coupled with solid consumer demand helped to boost new home sales in May to their highest level since February [...]
Housing News Today – June 2023
Lack of Resale Inventory Boosts April New Home Sales Stabilizing mortgage rates and a lack of resale inventory provided a boost for new home [...]
Housing News – May 2023
March New Home Sales Rise as Mortgage Rates Ease Lower mortgage rates and limited existing inventory helped to push new home sales up in [...]
Housing News Today – April 2023
New Home Sales Relatively Flat in February Higher mortgage rates and home prices, as well as increased construction costs, contributed to lackluster new home [...]
Housing News Today – March 2023
Single-Family Starts Sluggish in New Year Although rising builder sentiment indicates a turning point for housing later this year, lackluster single-family production in January is [...]
Housing News Today – February 2023
New Home Sales Up But Market Weakness Remains While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs [...]
Housing News Today – January 2023
New Home Sales Up as Mortgage Rates Moderate While new home sales received a slight bounce in November from lower mortgage rates, the housing market [...]
Housing News Today – December 2022
Single-Family Housing Contraction Continues Elevated mortgage rates, high construction costs for concrete and other building materials and weakening demand stemming from worsening affordability conditions continue [...]
Housing News Today – September 2022
July Single-Family Starts Fall to 6-Year Low In a further sign that the housing market continues to weaken, new home sales in July fell to [...]
