Single-family permits also posted a gain, indicating even more new homes are headed to today’s supply-constrained housing market.
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Category: Kelly Mangold
March brings rise in single-family construction
U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts.
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New-home sales jump 7.2% in January
The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
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New-home sales rise again in November
At the same time, the median sales price of a new house slid to $471,200 from $484,700 in October and $430,300 a year earlier, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
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New-home sales resume downward trajectory in September
Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.
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New-home sales plunge 12.6% in July
The median price of a new home sold during the month was up 5.9%, however, according to figures from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
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New-home construction falls 9.6% in July
The pace of housing starts for both single-family and multifamily residences was down on a month over month basis, the U.S. Department of Housing and Urban Development reported.
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Surprise surge in new-home sales in May as median price falls
New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
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Surprise surge in new-home sales in May as median price falls
New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
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Housing starts plunge in May amid uncertain economic conditions
New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report.
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