On an annual basis, new home sales are down 17.4%. The median new house price climbed 7.4% in June from the year-ago period to $402,400. There were about 457,000 new homes on the market at the end of June, the report shows, an increase from 447,000 units in May. HOUSING STARTS...
US new-home sales rose 6.8 percent in April; increased demand pushing median prices near $300kUS newhome sales rose . percent in AprilAssociated Press
US new-home sales rose at fastest pace in 2 yearsMARTIN CRUTSINGER
New home sales in the West climbed a massive 50 percent in August – the highest since January 2008 – compared to 29.2 percent in the Northeast and 7.8 percent in the South, whereas there was no change whatsoever in the Midwest. Meanwhile, the median sales price of a new house sold in ...
New home sales rose in three of the four regions, with the Midwest leading the way with a whopping 56.4% increase. Sales rose 14.9% in the south and nominally in the West, offsetting a 15.6% decline in the Northeast. Historically low mortgage rates have fed the demand for housing, even ...
Sales of new US single-family homes fell more than expected in February, but steady gains in home prices suggested the housing market recovery remains intact.
Sales of new U.S. single-family homes jumped to a six-year high in May, the latest indication the housing market was starting to dig out of a recent soft patch.
SHOBHANA CHANDRA
Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low as mortgage rates climbed to the highest level in more than two decades, pushing homeownership out...
“Prospective homebuyers have been shut out of the market by a lack of inventory,” said Lisa Sturtevant, chief economist at Bright MLS. “If there had been more listings on the market in 2023, we would have had more home sales.” ...