Tag: single-family homes
Foreign investment in U.S. existing-home sales declines
Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 to March 2023, slipping 9.6% from the previous 12-month period, according...
Existing home sales edged higher by 0.2% in May, Midwest sees decline
Existing-home sales marginally increased in May, according to the National Association of Realtors (NAR). The Midwest did experience decline, but all four U.S. regions...
NAHB: Home construction stabilizing, inflation improving
Economic data suggests single-family home construction is stabilizing after declines in 2022 while inflation improves.
These incoming trends set an environment where homebuilding will realize...
Builder confidence plunges on rising interest rates, growing affordability woes
In a sign that the housing market is now slowing, builder confidence took a steep drop in May as growing affordability challenges in the...
NAHB: One in four new homes are infills or teardowns in older neighborhoods
One in four new single-family detached homes were built in established neighborhoods in 2020, according to the latest Annual Builder Practices Survey from the...