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Builder Confidence is on the Rise in August




Builder confidence in the market for newly-built single-family homes rose four points in August to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

“Our members are encouraged by rising demand in the new-home market,” said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas. “This is due to ongoing job and economic growth, attractive mortgage rates, and growing consumer confidence.”

Looking at the three-month moving averages for regional HMI scores, the Northeast rose one point to 48. The West, South and Midwest all remained unchanged at 75, 67 and 66, respectively.

New Home Sales Up

May 2017 New Residential Home Sales, Up 2.9%




June 23, 2017 – The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for May 2017:

NEW RESIDENTIAL […] Continue Reading…

Existing Home Sales Down

Existing-Home Sales Held Down in April




Stubbornly low supply levels held down existing-home sales in April and also pushed the median number of days a home was on the market to a new low of […] Continue Reading…

New Home Sales Down

New Home Sales Down in April




The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2017.

New Home Sales

Sales of new […] Continue Reading…

New Home Sales Up

New Home Sales Up in February




The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for February 2017.
New Home Sales Sales of new […] Continue Reading…