Affordability and decreased buyer demand continue to put downward pressure on the housing construction industry, with new-home sales seeing a significant month-to-month dip in the latest data from the Census Bureau and the Department of Housing and Urban Development. The New Residential Sales report saw new-home sales fall 7.3% to a rate of 580,000 in…
With the residential real estate market still trying to overcome high home prices, inventory issues and not-so-great mortgage rates, buying a new home further from job hubs than many would prefer has always been an option. Now, according to a new report from real estate market research firm John Burns Research & Consulting, it’s become…
Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released June 15.…
Sales of newly built single-family homes fell 6.2% in April to a seasonally adjusted annual rate of 622,000, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, as the 2026 housing market remains sluggish overall. The pace of new-home sales is down 11.3% from a…
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 682,000, according to estimates released jointly May 5 by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). That was 7.4% above the February rate of 635,000, and 3.3% above the March 2025 rate of 660,000.…
Winter weather and market constraints put significant downward pressure on new-home sales to start off 2026, according to the latest data from the Department of Housing and Urban Development and the Census Bureau. The New Residential Sales report for January found that new-home sales fell a whopping 17.6% to a rate of 587,000 (compared to…
New-home sales picked up sharply in November and December, according to the latest release from the U.S. Census Bureau, in a somewhat surprising—and welcome—indicator that housing demand remains persistent against macro uncertainty. New-home sales were up 12.3% year-over-year in November and jumped 3.8% in December during what is normally a slower time for transactions. Single-family…
Due to last year’s government shutdown, the latest new-home sales data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) has been held up until now—and the results suggest cause for optimism. During October 2025, 737,000 new units were sold in the U.S. This is down slightly from September 2025…
The latest report from the National Association of Realtors® (NAR) on existing-home sales today revealed a 1.5% month-over-month increase in September, and a 4.1% year-over-year increase in sales–key factors that could signal growing buyer confidence and demand as mortgage rates ease. “As anticipated, falling mortgage rates are lifting home sales,” said NAR Chief Economist Lawrence…