Welcome to today’s roundup of the latest news in the Real Estate category. Stay informed about the dynamic housing market with a focus on new residential sales. Explore economic indicators and data provided by the Economic Indicators Division and Residential Construction Branch. Discover the impact of higher mortgage rates on homebuyers and gain insights from industry experts, including the National Association of Home Builders (NAHB). Dive into the unexpected decline in new home sales and the ongoing challenges of affordability and supply. Uncover the latest trends in new home construction, including the incorporation of desirable features and the importance of privacy. Join us as we explore the ever-evolving landscape of the housing market and its implications for buyers, sellers, and industry professionals.
New Residential Sales Press Release
Stay up to date with the latest information on new residential sales. Explore the economic indicators and data provided by the Economic Indicators Division and Residential Construction Branch. Contact the Census Bureau for inquiries or media-related questions. Find out more about new residential sales and their impact on the economy.
Higher Rates Continue to Sideline Home Buyers | NAHB
Discover the impact of higher mortgage rates on new home sales. Learn how the average mortgage rate in May affected the housing market, leading to a decline in new home sales. Gain insights from industry experts, including the National Association of Home Builders (NAHB) and their expectations for future market conditions. Explore the current inventory of new homes and the ongoing shortage of resale homes. Find out regional trends in new home sales and the median new home price. Stay informed about the latest developments in the housing market.
US new home sales plunged unexpectedly last month | CNN Business
Discover the latest developments in the US housing market. Learn about the significant decline in new home sales in May, driven by elevated mortgage rates. Explore the impact of high interest rates on homebuilders and the construction of new homes. Gain insights into the challenges faced by prospective buyers, including high prices and a persistent housing shortage. Find out how the Biden administration is addressing the housing crisis through funding and initiatives. Stay informed about the current state of the US housing market and its implications for the economy.
New home sales plummet, but prices barely budge
Explore the latest trends in new home sales and their impact on the housing market. Learn about the significant decline in sales in May, indicating that builder incentives may not be enough to overcome high rates and prices. Discover the challenges of affordability faced by potential buyers and the increase in the supply of new homes. Gain insights from industry experts on the structural undersupply of housing and the limited affordability for first-time homebuyers. Find out how the market conditions are affecting builder sentiment and the construction of smaller homes. Stay informed about the current state of the housing market and its implications for buyers and sellers.
New home trend: Adding 2 offices, primary suites and more | Home/Garden | nola.com
Discover the latest trends in new home construction, focusing on personal spaces and amenities. Learn how builders in the New Orleans area are incorporating two of some desirable features, influenced by personal experiences and anticipated trends. Explore the concept of privacy and the importance of separate spaces in homes. Gain insights from builders who emphasize the need for privacy and the allocation of spaces. Find out about the unique designs and features of homes on the Parade of Homes Tour. Stay informed about the evolving trends in home construction and design.