Since the launch of Professional Builder’s Daily Feed newsletter on June 4, 2014, I have scanned thousands upon thousands of news stories about or related to home building in some way.
New Home Sales
Numbers were higher than expected despite a slight dip
More buyers will be priced out of urban cores—and the housing market in general
A new study finds out why the wealthy have been returning to city centers
High prices will exclude many first-time buyers from entering the market
On average, houses for sale in these cities saw a 19 percent drop in days on market year over year
Analysts forecast that lean supply won’t bulk up anytime soon
As sales fell, the housing index also experienced a dip of more than 1 percent
The NAR says current economic conditions are favorable for first-time buyers.
U.S. housing was affordable despite increasing prices nationwide
The readings far exceed what economists forecasted