MBA’s estimate of new home sales, based on a larger sample than the one used by the Census Bureau, suggests that the increase in new home sales was smaller in August than Census calculated.
Tag: new single-family home sales
May New Home Purchase Mortgage Applications Decreased 4.5%
The Mortgage Bankers Association’s Builder Application Survey for May 2025 shows mortgage applications for new home purchases decreased 4.5% compared to a year ago. Compared to April 2025, applications decreased by 9%.