New Construction

Housing News
October 29, 2021

House Prices Continue Rising to New Record Levels

It was much the same song when it came to home prices in August; they just keep going up and up and up.

Housing News
October 29, 2021

New Home Sales Jump to Six-Month High

Over the last few months, new home sales have stemmed the tide that saw sales decline in April, May, and June. But the modest increase seen in July and August's continued improvement doesn't hold a candle to what happened in September.

Housing News
October 4, 2021

New Home Sales Continued Improving in August

It appears that new home sales have fully shaken off the period of declines that saw sales drop in April, May, and June. That streak ended in July when new home sales held steady. And things got even better in August.

Housing News
September 24, 2021

New Home Demand Rises for First Time Since March

With inventory for existing homes consistently running well behind historical norms, homebuyers are increasingly pivoting to buying a newly built home instead.

Housing News
August 27, 2021

New Home Sales Stabilize in July

Despite a dip in mortgage applications in July, 2021 had the second-strongest July since 2012, with new home sales unchanged from June.

Housing News
August 20, 2021

New Home Demand Continues to Decline

For the fourth month in a row, mortgage applications for new home purchases have declined.

Housing News
August 20, 2021

Supply Chain Issues Slowing Down New Home Construction

It appears that June's good news on the new home front was short-lived, as a new report shows that construction of new single-family homes declined in July.

Homebuyers
August 16, 2021

Hope for First-Time Homebuyers? More Small Homes Hitting the Market

For much of the year, one of the common concerns among would-be homebuyers is that there are simply not enough homes on the market. It looks like there might be a bit of a light at the end of that tunnel, especially for first-time homebuyers.

Housing News
July 29, 2021

As Expected, New Home Sales Fell in June

Considering that mortgage applications for new home purchases were down in June, it probably shouldn’t come as a shock that when the new home sales data for June came out, it showed that sales were down too.

Housing News
July 22, 2021

New Home Construction Continues Rising, But So Do Prices

There's some good news on the new home front, as construction of new single-family homes continued increasing in June. But the news isn't all good as prices continued rising as well.