Tagged: New Home Sales

FHA takes highest share of applications, as first-time home buyers enter market

New home sales drop 11.3% below April's revised rate

Only two months in past decade saw fewer home sales, Redfin reports

May's mortgage applications for new home purchases increased 13.8% from last year.

Census reports 4.7% decline in new home sales from March to April

The growth coincides with roughly a quarter of builders saying they cut prices last month.

The pace of new home sales in February is up 5.9% from a year earlier.

U.S. Census Bureau and HUD report shows incremental growth in single-family home sales.

An estimated 668,000 new homes were sold in 2023.

October 2023 sees a 5.6% decrease in new single-family home sales compared to September, yet records a robust 17.7% compared to October 2022.