May New Home Sales Post Healthy 16.6% Gain

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.

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.

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 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.