Permits, Housing Starts And Completions All Rise In February Report
Privately‐owned housing completions last month were up 19.7 percent from January
Privately‐owned housing completions last month were up 19.7 percent from January
The median national sales price of new houses sold last month was $420,700
The highest share of any quarter on record is 34.5 percent in the first quarter of 2022
Builder sentiment also improves as rates decline
Per Redfin, new homes were least common in California and Hawaii and most common in Texas and North Carolina
Labor rates compared to July 2022 are higher across all regions and all trades, with the Northwest and West standing ...
Year-over-year, new construction sales were up 20 percent compared to May 2022
Sales of new homes have had a strong start in 2023 but construction appears to be slowing
According to the U.S. Census Bureau, the median sales price of new houses sold last month was $438,200
New housing construction has not recovered from the Great Recession, resulting in a 3.79 million–unit gap in home production in ...
© 2022 California Listings, LLC