by RealtyBizNews | Sep 28, 2021 | housing, National Association of Home Builders, new home prices, New Home Sales, New home supply, Real Estate News
Sales of new homes jumped in August even as buyers had to contend with prices making steady gains. The higher development costs and prices of building materials have sent new home costs soaring, with the median price rising 20% from one year ago. In August, the median...
by RealtyBizNews | Jul 29, 2021 | June 2021 new home sales, new home construction costs, new home median price, New Home Sales, Real Estate News, seasonally adjusted new home sales
New home sales have fallen to their lowest level since the early days of the COVID-19 pandemic, suggesting that the housing boom could be coming to an end. Data from the U.S. Census Bureau released Monday shows that new single-family home sales in June fell to a...
by RealtyBizNews | May 27, 2021 | escalation clause, home builders, New Home Sales, Real Estate News
Home builders are fending off so many interested buyers that they have had to stop signing new sales contracts in order to focus on catching up with existing orders. That’s according to a report in Bloomberg this week, which said that builders have been overwhelmed as...
by RealtyBizNews | Nov 30, 2020 | Home Sales, new home construction, new home inventory, New Home Sales, Real Estate News
The National Association of Home Builders says buyers are increasingly looking at new homes due to the low inventory of existing homes. In October, new home sales were up 41.5% compared to the same month last year, according to data from the Commerce Department....
by RealtyBizNews | Jul 15, 2020 | June sales, new home construction, New Home Sales, Real Estate News, Taylor Morrison
In a validation of the health of the new home market, Taylor Morrison, the fifth largest homebuilder in the U.S., reported a record monthly gain in June in orders for new home construction, up 94% year-over-year. The builder also reported record sales in 22 housing...
by RealtyBizNews | Apr 28, 2020 | Home Sales, NAHB, National association of home builers, New Home Sales, Real Estate News, Single family homes, U.S Census Bureau
Sales of new homes were going strong in 2020 until the coronavirus began disrupting economic activity in the country. As a result, sales of new-built single family homes fell by 15.4% in March compared to one year ago, to just 627,000 units, according to data released...
