Home Sales, US Real Estate

New home sales hit hard by COVID-19

By Mike Wheatley | April 28, 2020
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 Thursday from the U.S. Census Bureau and Department of […]
Home Builders/Developer's

New home sales hit 12-year high

By Mike Wheatley | December 27, 2019
New home sales enjoyed their best three-month performance since 2007 after seeing a big uptick in November, according to U.S. Commerce Department data published Monday. Economists say low mortgage rates and unemployment combined with strong sales growth led to the boost in sales. All told, sales of new single-family homes jumped 1.3% in November to […]
Featured News, Home Sales, US Real Estate

NAR's Yun forecasts new home sales boom in 2019

By Mike Wheatley | May 21, 2019
National Association of Realtors’ chief economist Lawrence Yun says home sales are likely to hit a 12-year high this year as builders race to meet demand for entry-level homes from first-time buyers. While existing home sales are likely to remain flat this year, new home sales should top 667,000, which would be the highest number […]
Home Builders/Developer's

Affordability problems hit new home sales

By Mike Wheatley | October 3, 2018
New single-family home sales edged upwards slightly in August, but the rise wasn’t enough to impress economists or make up for the shortfall in existing home inventories.
Home Buying, Residential, US Real Estate

Existing-home sales rise 2% in October, NAR reports

By Mike Wheatley | November 23, 2016
Existing-home sales ascended in October for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors.
Featured News, Real Estate, Residential, US Real Estate

2016 housing predictions from Windermere

By Mike Wheatley | January 7, 2016
The development of new single-family homes has been a bit depressed in the last few years, with the lack of interest among millenial buyers being one of the main reasons, according to experts.
Featured News, Residential, US Real Estate

New Home Sales Plummet by 8.1 Percent

By Mike Wheatley | July 28, 2014
Sales of newly built, single-family homes dropped 8.1 percent in June, the largest decline since July 2013, the Commerce Department reported Thursday.
  • Sign up to Realty Biz Buzz
    Get Digital Marketing Training
    right to your inbox
    All Contents © Copyright RealtyBizNews · All Rights Reserved. 2016-2024
    Website Designed by Swaydesign.
    linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram