Record 1/3 of Houses for Sale Are New Construction

The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work, said Redfin, Seattle.

December Builder Applications Slow

Mortgage applications for new home purchases fell in December, continuing a slowing pattern, the Mortgage Bankers Association reported Thursday.

December Builder Applications Slow

Mortgage applications for new home purchases fell in December, continuing a slowing pattern, the Mortgage Bankers Association reported Thursday.