New Home Sales

New Home Sales Take Surprising Dip for Second Straight Month

March 23rd, 2022
Sales of new homes decreased unexpectedly last month amid rising mortgage rates and home prices, according to new data release today from the Commerce Department. According to February data, new home sales decreased 2% to an annually adjusted rate of...

New Home Sales Dip 8.6% in March

April 26th, 2022
Sales of new single-family homes continued their downward trend for the third straight month in March. According to a joint report from the U.S. Census Bureau and Department of Housing and Urban Development (HUD), the seasonally adjusted sales rate was...

New Home Sales Plunge to Lowest Level in 2 Years

May 24th, 2022
Sales of new single-family homes continued to fall for the fourth-straight month in April, plummeting to their lowest level since before the pandemic. According to a joint report from the U.S. Censure Bureau and Department of Housing and Urban Development...

New Home Sales Unexpectedly Rise Sharply in May

June 24th, 2022
Sales of new single-family homes unexpectely rose sharply in May, after four consecutive months of declines. According to a joint report from the U.S. Census Bureau and Department of Housing and Urban Development (HUD), the seasonally adjusted sales rate was...

Builder Confidence Plummets Toward Negative Territory

July 18th, 2022
After months and months of unbridled optimism, homebuilders are increasingly worried about the housing market as the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) measuring builder confidence remains in free-fall, approaching an overall negative attitude toward...

New Home Purchase Applications Down in September as Loan Size Rises

October 20th, 2021
Mortgage applications for new home purchases decreased 16.2% YoY. Compared to August 2021, applications decreased by 4%., according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2021. This change does not include any adjustment for...

New-Home Sales Continue Upward Momentum as Buyer Demand Remains Strong

November 24th, 2021
Sales of new single‐family houses increased 0.4% in October 2021, posting a seasonally adjusted annual rate of 745,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development.  This is 23.1% below the October 2020 estimate...

Year-End Outlook: Buzzing Home Sales Activity Poised for a Change in 2022

December 21st, 2021
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022.  Home sales have shined over the past two years since the...

New-Home Sales Up in November as Consumer Demand Remains Strong

December 27th, 2021
New-home sales increased in November, driven by strong buyer demand, low existing-home inventory and a predicted increase for mortgage interest rates, according to the latest data from the Commerce Department. Key details: Newly built, single-family home sales in November increased...

New Home Sales Continue to Surge in December 2021

January 26th, 2022
New home sales jumped up 11.9% in December versus November to an annual rate of 811,000, according to the latest joint report from the U.S. Census Bureau and Department of Housing and Urban Development. The steep increase is attributed to...
Page 1 of 3123

20/20 Real Estate: Your Vision. Our Expertise.