The NAHB analyzed the most recent Census estimates regarding sources of financing for new-home sales and discovered a continuing trend toward conventional mortgages.
New home sales with FHA-backed loans held steady at a quarterly share of about 16 percent of the market in the fourth quarter, up from the 10% of one year prior.
In addition, the NAHB found that VA-backed loans were responsible for about 8 percent of new home sales and cash-based transactions made up just over 5 percent of market share for the final quarter of 2015.
Meanwhile, conventional mortgages rose to 71 percent for the fourth quarter of 2015.
Sign up for Pro Builder Newsletters
Get all of the latest news and updates.