Sales of newly built single-family homes accelerated in August, but the government’s latest estimates carry an equally important message on price: builders are moving homes in a market where buyers remain intensely payment-sensitive. New-home sales ran at a...
Mortgage demand for newly built homes weakened again in August, extending a five-month slide even as builders continued to convert enough buyers to keep estimated new-home sales above July’s pace. The Mortgage Bankers Association’s Builder Application Survey showed...
Sales of new single-family houses in July were at a seasonally adjusted annual rate of 607,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This is 10.5% below the June rate of 678,000 and is 6.3% below the...
Sales of new single-family houses in June were at a seasonally adjusted annual rate of 628,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 1.6% rise from the May rate of...
Sales of new single-family houses during May were at a seasonally adjusted annual rate of 580,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This marked a 7.3% decline from the April rate of 626,000, and 6.8%...