According to the U.S. Government, sales of new single-family houses in September 2023 reached a seasonally adjusted annual rate of 759,000, marking a 12.3% increase from the revised rate in August and a 33.9% increase from the same period last year. The median sales price for these new houses was $418,800, while the average sales […]
In September, there was a notable increase of 12.3% in new home sales. Read More »
Realtor.com says not all corners of the U.S. are quite as “new-home parched” as others. They say there are many places across the nation where builders are putting up new homes to meet growing demand – especially in areas where the dollar stretches further. As you might have guessed, most of these locations are in
Where are America’s New Home-Building Boomtowns? Read More »
The National Association of Home Builders says single-family market share continues to shift away from large metro areas. Citing data from their recent Q4 Home Building Geography Index (HBGI), they say the largest growth in single-family market share came in rural markets (micro counties and non-metro micro counties), rising from 9.4% in Q4 2019 to
Single-Family Market Share Continues to Shift Away from Large Metros Read More »