Mortgage Rates Are Up but New-Home Sales Still Solid in March
Lack of existing home inventory drove a rise in new-home sales, despite higher interest rates in March
Mention of Eco-Friendly Home Features Is on the Rise in Sales Listings
Home listing descriptions using eco-friendly terms have been rising over the past five years in line with growing consumer interest in the environment and energy efficiency
New-Home Sales and Navigating the 3 D’s: Death, Divorce, and Downsizing
Here’s how home sales experts manage challenging lifestyle changes with and for their buyers
Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
A Look at Homeownership Rates Across the Nation
Data for homeownership rates in the 100 largest US cities show Port St. Lucie, Fla., in the top spot, while West Virginia is the state with the most homeowners
Millennials on Top Again as Largest Homebuying Group
Millennials beat out Boomers as the largest homebuying cohort, according to a recent report, but Boomers remain the largest generation of home sellers
Builders
A Lack of Housing Inventory Spells Opportunity for Home Builders
Home builders are exceeding 2023 expectations as a growing number of buyers turn to new construction rather than competing for the meager supply of existing homes
New-Home Sales
What's in Store for Home Builders in the Fall?
A recent uptick in new-home sales signals a strong fall market for home builders
Demographics
Millennials Are Willing to Give and Take to Become Homeowners
While other generations are pulling out of the housing market and waiting for conditions to improve, Millennials are doing whatever it takes to become homeowners
Housing Markets
Inventory Is Dwindling in These Local Housing Markets
Active inventory, new listings, and closed sales are declining the fastest in these local markets, according to Bill McBride's July market report
New-Home Sales
New-Home Sales Rose Sharply in July
Prospective buyers are turning to new construction amid a widening supply shortage in the market for existing homes
Market Data + Trends
2023 Isn't Turning Out to Be Nearly as Tough as Home Builders Expected
So far, the first six months of 2023 have far exceeded home builders’ expectations
New-Home Sales
New Builds Make Up One-Third of Total Market Share
Newly built homes accounted for more than a third of all single-family homes for sale in the U.S. during the second quarter of 2023
Single-Family Homes
US Homes Are Smaller Than a Decade Ago, but Price Per Square Foot Is Higher
The average U.S. single-family home sold in 2022 was slightly smaller than the typical home sold in 2012, but the cost per square foot was significantly higher
Demographics
Americans Are Waiting Longer to Buy Their First Home
The average age of first-time buyers is the oldest on record, thanks to high housing costs and a shortage of entry-level homes
New-Home Sales
Findings From NAHB/Wells Fargo Housing Market Index for August
Home builder confidence may have seen a dip in August, but demand for new-home construction is on the rise
