New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again
Tagged: New Home Sales
Applications reached their lowest level of 2026 in August as higher mortgage rates constrained demand and FHA loans gained a larger share of new-home financing
Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume
Principal-and-interest payments reached $1,522 for lower-payment purchase applicants in June, just $9 below the national median asking rent
After a record year of delistings, Redfin reports homeowners are returning to the market ahead of spring, offering buyers more inventory and potential price flexibility
With house-buying power surpassing median list prices for the first time in over three years, spring 2026 could bring renewed activity for buyers, though tight supply will remain a key factor
Affordability in the Golden State edged higher in late 2025, as modest home price declines and easing mortgage rates improved buying power, though most households still remain priced out
Florida Realtors reports the Sunshine State’s 2025 housing market showed modest single-family sales growth, rising inventory, and stabilizing prices, signaling a shift toward more balanced conditions
Florida’s housing market began 2026 with year-over-year gains in closed sales, pending contracts, and new listings, while median prices edged lower and inventory expanded, according to Florida Realtors
All-cash home purchases fell to their lowest December share in five years at the end of 2025, as easing mortgage rates and softer competition reduced buyers’ reliance on cash offers, according to Redfin