New Home Sales Surged in May as Buyers Scrambled to Find Properties for Purchase

realtyexpertsReal Estate News

Compared with the previous year, new home sales were up 12.7% in May. April’s new-home sales figures, meanwhile, saw a significant downward revision.

The post New Home Sales Surged in May as Buyers Scrambled to Find Properties for Purchase appeared first on Real Estate News & Insights | realtor.com®.

Housing Starts Climb 4.3% in May as Buyers Return and Builders Aim to Speed Up Work

realtyexpertsReal Estate News

Construction of new houses rose 4.3% in May as a reopening U.S. economy and ultra-low mortgage rates drew more buyers and encouraged builders to start to speed up work.

The post Housing Starts Climb 4.3% in May as Buyers Return and Builders Aim to Speed Up Work appeared first on Real Estate News & Insights | realtor.com®.

Home-Builder Confidence Rebounds in May From Historic Decline as Industry Grows Optimistic About Post-Pandemic Home Sales

realtyexpertsReal Estate News

Construction firms are upbeat on the housing industry’s prospects thanks to low interest rates, even though coronavirus-related challenges remain.

The post Home-Builder Confidence Rebounds in May From Historic Decline as Industry Grows Optimistic About Post-Pandemic Home Sales appeared first on Real Estate News & Insights | realtor.com®.

New-Home Construction Records Biggest Monthly Decline Since March 1984, as Coronavirus Pandemic Takes a Toll

realtyexpertsReal Estate News

Despite a slowdown, housing starts and building permitting activity are still occurring at a faster pace than a year ago.

The post New-Home Construction Records Biggest Monthly Decline Since March 1984, as Coronavirus Pandemic Takes a Toll appeared first on Real Estate News & Insights | realtor.com®.

New-Home Construction Records Biggest Monthly Decline Since March 1984, as Coronavirus Pandemic Takes a Toll

realtyexpertsReal Estate News

Despite a slowdown, housing starts and building permitting activity are still occurring at a faster pace than a year ago.

The post New-Home Construction Records Biggest Monthly Decline Since March 1984, as Coronavirus Pandemic Takes a Toll appeared first on Real Estate News & Insights | realtor.com®.

Home-Builder Confidence Plummets to Lowest Level Since 2012 as Coronavirus Disrupts Construction Activity

realtyexpertsReal Estate News

The tone among home builders has quickly turned negative as the coronavirus outbreak hits the U.S. housing market.

The post Home-Builder Confidence Plummets to Lowest Level Since 2012 as Coronavirus Disrupts Construction Activity appeared first on Real Estate News & Insights | realtor.com®.

Home-Builder Confidence Plummets to Lowest Level Since 2012 as Coronavirus Disrupts Construction Activity

realtyexpertsReal Estate News

The tone among home builders has quickly turned negative as the coronavirus outbreak hits the U.S. housing market.

The post Home-Builder Confidence Plummets to Lowest Level Since 2012 as Coronavirus Disrupts Construction Activity appeared first on Real Estate News & Insights | realtor.com®.