New Home Sales Down From May, but Up From Last Year

Sales of new single-family homes in June hit a seasonally adjusted annual rate of 697,000, according to estimates jointly released by the U.S. Census Bureau and HUD.

New Home Sales Down From May, but Up From Last Year

Sales of new single-family homes in June hit a seasonally adjusted annual rate of 697,000, according to estimates jointly released by the U.S. Census Bureau and HUD.

New Home Sales Down From May, but Up From Last Year

Sales of new single-family homes in June hit a seasonally adjusted annual rate of 697,000, according to estimates jointly released by the U.S. Census Bureau and HUD.

With Homeowners Sitting, Buyers Turn to New Homes

March new home sales jumped by nearly 10 percent from February, HUD and the Census Bureau reported Tuesday, as home buyers turned away from existing home sales.

MBA Chart of the Week: New, Existing Home Sales

We are forecasting a weak start to 2023 for the housing market. Driven by a recession in the first half of the year and a continuation of the trends outlined above, we expect a 13% drop in existing home sales and a 4% decrease in new home sales for 2023, following 16% decreases in both segments in 2022.

November New Home Sales Up 5.8%

New home sales beat expectations in November, HUD and the Census Bureau reported over the holiday season, rising by nearly 6 percent from October.