Home Builder Confidence Tanks
In yet another sign of a slowing housing market, builder confidence posted its seventh straight monthly decline in July
In yet another sign of a slowing housing market, builder confidence posted its seventh straight monthly decline in July
According to the U.S. Census Bureau, 696,000 new homes sold in May
Only one California city cracked the top 20 list. Click thru to see who is leading the way...
Building permits, starts and completions were all down month-over-month while some segments saw annual increases
Costs spiked to record highs in 2021 due to supply chain issues, slowing new home construction around the country
The average sales price of new houses sold last month was $496,900
Newly constructed homes for sale at of the month represented a 6.5 month supply
The biggest new-construction shortfalls since 2008 have been in Dallas, Miami, Phoenix and Seattle
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