Home buyer enthusiasm for new homes intensified in May, HUD and the Census Bureau reported yesterday, jumping by 16.6 percent from April and by nearly 13 percent from a year ago.
Tag: New Home Sales
April New Home Sales Reflect Growing Purchaser Confidence
After several months of brutish news, in which home builder confidence fell to an eight-year low, HUD and the Census Bureau had some good news: April new home sales rose for the first time since January.
Homebuying Demand Higher Than Before Pandemic; New Home Share at 8-Year High
Amid some absolutely dreadful housing news lately, there are signs of resilience—and perhaps, the seeds of recovery.
March New Home Sales Feel Brunt of Coronavirus
The expected hit to new home sales from the coronavirus pandemic fully manifested itself in March, falling by more than 15 percent from February to its lowest level in six years, HUD and the Census Bureau reported yesterday.
February New Home Sales Meet Expectations, Pre-Coronavirus
February new home sales dipped a bit, HUD and the Census Bureau reported yesterday. Sales of new single-family houses came in at a seasonally adjusted annual rate of 765,000, down by 4.4 percent from the revised January rate of 800,000, but 14.3 percent higher than a year ago (669,000).
MBA: February New Home Purchase Mortgage Applications Up 26% From Year Ago
Despite falling by 1 percent from January, mortgage applications for new home purchases increased by nearly 26 percent from a year ago, the Mortgage Bankers Association reported this morning.
MBA Chart of the Week: Estimates of New Home Sales
Want to get an early read of the U.S. Census Bureau’s monthly release of new home sales? Start following MBA’s estimates on new home sales in the monthly release of the Builder Application Survey.
MBA Chart of the Week: Estimates of New Home Sales
Want to get an early read of the U.S. Census Bureau’s monthly release of new home sales? Start following MBA’s estimates on new home sales in the monthly release of the Builder Application Survey.
Mild January Spurs New Home Sales
Mild January weather led to a strong jump in new home sales, HUD and the Census Bureau reported yesterday.
Redfin: New Home Sales Surge in Fourth Quarter as Inventory Tumbles, Prices Flatten
Redfin, Seattle, said new home sales rose by 8.8% year over year in the fourth quarter, the biggest gain in more than two years and the third consecutive quarter of increases, driving continued depletion of inventory in the market.