The median sales price of new homes sold in April was $372,400, up from $334,200 in March and $310,100 a year ago.
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Category: U.S. Census Bureau
It’s a seller’s market, Fannie Mae survey shows
Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.
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New home construction surges in March, suggesting relief for homebuyers
Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development
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Getting started is easy; moving forward is hard, particularly for Black agents
The barrier is not so much getting into real estate — it’s staying in.
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New home construction momentum may set stage for ‘year of the home builder’
“Nothing sells like a shortage. We have underbuilt new housing relative to demand for a decade. Building will have to exceed household formation for a number of years to reduce the housing stock ‘debt’ we have accumulated.” — First American Deputy Chief Economist Odeta Kushi
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Housing starts up, but will it last?
A new report has good news for housing construction, but will it hold through next year?
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Southern home sales jump 27.6% in July
Nationwide sales of new single-family homes were at a seasonally adjusted rate of 901,000, up 13.9% from last month and 36.3% higher than July 2019.
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Another banner month for homebuilding
New housing starts numbers suggest that if you can’t buy it, then build it, according to one economist.
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