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#New Home Sales

starpublications.online

Seely Homes looks to improve lifestyles through building homes

“Success in life hinges more on seizing the opportunity than having everything go according to plan,” Ethan Austin says in Give Forward. This statement rings especially true for a local husband and wife team who started a home building business two years ago, just before the pandemic hit. Adrian and...
BRIDGEVILLE, DE
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neighborhoodnewsonline.net

Metro Development Communities Lead The Way In New Home Sales

Metro Development Group, which brought the country’s first Crystal Lagoon amenity to Wesley Chapel and will soon unveil a second one at the Mirada development (technically located in San Antonio, but just north of Wesley Chapel), continues to experience growth in the area. In fact, according to housing market analysts...
WESLEY CHAPEL, FL
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WTVM

Nationwide Christmas tree shortage felt in Columbus

COLUMBUS, Ga. (WTVM) - If you’ve bought your Christmas tree already this season, you may have noticed prices are higher and choices are fewer. This problem is being felt across the nation. Kimi Farms has been a Columbus Christmas tree staple since the early 1980′s. News Leader 9 talked with...
COLUMBUS, GA
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TRENDING TOPICS
mortgageorb.com

New Home Sales Increased Slightly in October but Are Down From a Year Ago

New home sales increased 0.4% in October compared with September but were down 23% compared with October 2020, according to estimates from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. New home sales were at a seasonally adjusted annual rate of 745,000, as of the...
REAL ESTATE
wallstreetwindow.com

New Single-Family Home Sales Remain Brisk but Inventories Rise as Prices Continue to Surge – Robert Hughes

Sales of new single-family homes posted a small gain in October, increasing 0.4 percent to 745,000 at a seasonally-adjusted annual rate from a 742,000 pace in September. Despite the gain, sales are down 23.1 percent from the year-ago level (see top of first chart). New home sales and permits for future construction had weak performances in the first half of 2021 but are showing signs of renewed support recently (see top of first chart).
REAL ESTATE
eyeonhousing.org

Pending and Existing Home Sales Jump in October

Despite low inventory and increasing affordability concerns, both pending home sales and existing home sales jumped in October, according to the National Association of Realtors (NAR). Though the market remains strong and sales is on pace for its strongest sales in 15 years, higher home prices continue to price out first-time and young buyers.
REAL ESTATE
probuilder.com

New Home Sales Remain Far Below 2020 Rates

Single family home sales for the month of October rose 0.4 percent above September totals for a seasonally adjusted annual rate (SAAR) of 745,000, but fell 23.1% below the October 2020 rate of 969,000, according to the CalculatedRisk Newsletter. New estimates reveal that home sales are declining year-over-year after a...
REAL ESTATE
donfenley.com

New home permits having best year in over a decade

The Tri-Cities is having its best year for new home permits in over a decade. So far this year, it has the second-best growth rate in East Tennessee. There was also a substantial increase in high-end home permits. Washington County is still the dominant market for new home permits in...
KNOXVILLE, TN
rockproducts.com

New Home Sales Flat in October

Contracts for new, single-family home sales were flat at a 745,000 seasonally adjusted annual rate in October, according to estimates from a joint release by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. However, the flat reading was due to a significant downward revision for the September pace (revised from an 800,000 rate to 742,000).
REAL ESTATE
investorsobserver.com

Stocks Drop on New Variant Fears; Economic Data Mostly Positive

Stocks ended this short week with a sharp drop on concerns about a new coronavirus variant. Friday's drop came in a holiday-shortened session typically characterized by light volume, so it is difficult to tell if the market's reaction would have as severe in a normal session. The S&P 500 had...
STOCKS

US new home sales rise in October; median home prices soar 17.5% to $407,000

On Wednesday, US Commerce Department data had unveiled that sales of US single-family homes, the most lucrative item in US homebuilding industry, picked up last month despite a painstaking persistence in price-pressure build with median home prices surging as much as 17.5 per cent on a year-on-year basis, suggesting a relentless appetite among prospective homebuyers despite a rapid rise in inflation indicators.
BUSINESS
talkmarkets.com

What's The True Supply Of New Homes For Sale?

New Home Sales Did Not Really Rise, They Fell Nearly 7 Percent. Yesterday, in New Home Sales Did Not Really Rise, They Fell Nearly 7 Percent, I noted Inaccurate and misleading headlines on new home sales. Census Bureau Report Details. Sales: New Home Sales Sales of new single‐family houses in...
REAL ESTATE
sgtreport.com

New Home Sales Did Not Really Rise, They Fell Nearly 7 Percent

Inaccurate and misleading headlines on new home sales is one of the themes for today. The Census Bureau’s New Residential Construction Report shows huge negative revisions for September. Sales: New Home Sales Sales of new single‐family houses in October 2021 were at a seasonally adjusted annual rate of 745,000. This...
REAL ESTATE
angrybearblog.com

New home sales for October continue slow upward trend

New home sales for October continue slow upward trend. New home sales, while very noisy and heavily revised, tend to lead all of the other housing indicators, even permits. The heavy revisions figure, well, heavily, into this morning’s report. New home sales (blue in the graphs below) usually slightly lead to the much less volatile single-family home permits (red). The number of houses for sale (gold) lags consistently. Here is the long term view:
REAL ESTATE
calculatedriskblog.com

Real Estate Newsletter Articles this Week

At the Calculated Risk Real Estate Newsletter this week:. • Four House Price Topics Case-Shiller and the FHFA Indexes will be released on Tuesday. • New Home Sales: Record 109 thousand homes have not been started Prices Are Up Sharply Year-over-year. • Final Look: Local Housing Markets in October No...
REAL ESTATE
talkmarkets.com

New Home Sales Did Not Really Rise, They Fell Nearly 7 Percent

The Census Bureau's New Residential Construction Report shows huge negative revisions for September. Sales: New Home Sales Sales of new single‐family houses in October 2021 were at a seasonally adjusted annual rate of 745,000. This is 0.4 percent above the revised September rate of 742,000, but is 23.1 percent below the October 2020 estimate of 969,000.
REAL ESTATE
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