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Analysis and Data
Coming Up:
Builders Also Canceling Contracts
Percentage of land dealers seeing high demand from builders has fallen by about 50% in last year
More Sellers Toss In The Towel
Sellers now outnumber buyers by widest margin in records dating back a dozen years
Purchase Activity Gains Momentum As Buyers Step In
Mortgage applications slip overall as refinances cool, but loan size hits two-month high
Fewer New Homes Sold, And At Lower Average Price, In July Than Last Year
But latest new home sales report shows July 2025 sales stayed about flat from June’s upwardly revised rate
Spec Houses Take Longer to Sell
Builders offering incentives to move inventory as they proceed more cautiously with new projects
More Money for Less Square Footage
Houses trending smaller as builders contend with affordability issues
Investors Hold Most Empty Houses
About 63% of unoccupied houses in U.S. owned by investors
Zombie Foreclosures Edge Up, Vacancies Hold Steady
Of the 24.9 million investor-owned homes nationwide, 3.6% were vacant.
Inventory Piles Up As Home Sales Stall
Flat sales push builders toward incentives to manage inventory growth.
Some Cancel Deals, Others Won’t Even Look
Redfin reports a record-breaking 58,000 deals fell through in July