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New Home Sales Plummet 17.3% in October

New Home Sales Plummet 17.3% in October

by Phil Hall | Nov 26, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses during October were at a seasonally adjusted annual rate of 610,000, according to estimates published by the U.S. Census Bureau and the Department of Housing and Urban Development. This represented a 17.3% drop from the revised...
Housing Starts Dropped in October

Housing Starts Dropped in October

by Phil Hall | Nov 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts during October were at a rate of 970,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This represents a 6.9% decline from the September figure of 1.04 million. Privately-owned housing...
Single-Family Housing Starts Up in September

Single-Family Housing Starts Up in September

by Phil Hall | Oct 18, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in September were at a rate of 1.02 million, according to new data from the US Census Bureau and the Department of Housing and Urban Development. This is 2.7% above the revised August figure of 1 million. Privately-owned housing starts in...
New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days

New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days

by Phil Hall | Sep 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New home sales are down as more residences for sale are spending extended periods on the market, according to a pair of new data reports. Sales of new single-family houses in August were at a seasonally adjusted annual rate of 716,000, according to estimates published...
New Home Sales Up, But Questions on Federal Data Arise

New Home Sales Up, But Questions on Federal Data Arise

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 739,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This marked a 10.6% spike from the revised June rate of...
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