New-Home Sales Plummeted in March. What Does This Mean for the Future?

realtyexperts Real Estate News

The number of new-home sales fell sharply in March. That was a swift fall as the stay-at-home orders and high jobless claims didn’t begin until late March.

The post New-Home Sales Plummeted in March. What Does This Mean for the Future? appeared first on Real Estate News & Insights | realtor.com®.

New-Home Sales Plummeted in March. What Does This Mean for the Future?

realtyexperts Real Estate News

The number of new-home sales fell sharply in March. That was a swift fall as the stay-at-home orders and high jobless claims didn’t begin until late March.

The post New-Home Sales Plummeted in March. What Does This Mean for the Future? appeared first on Real Estate News & Insights | realtor.com®.

Expect the Housing Crunch to Get Worse: Construction Permits, Starts Down

realtyexperts Real Estate News

Fewer new homes are expected to go up in the months ahead—worsening the ever-frustrating housing shortage. That’s due to fewer construction permits.

The post Expect the Housing Crunch to Get Worse: Construction Permits, Starts Down appeared first on Real Estate News & Insights | realtor.com®.