Real Estate - Page 5

“Higher construction costs and supply shortages along with rising home prices pushed builder confidence to its lowest reading since July 2020,” the NAHB said.

Another blow to family affordability in Biden’s America.

Sales of new homes came in much, much lower than expected for June, suggesting high prices are deterring buyers.

The dream of many American families of owning a home is getting further out of reach in Biden’s America, even while the sales of the most expensive homes continue to climb.

After former President Donald Trump left office in January, sales at his properties branded by his last name have soared, according to reports.

The best May pending sales number since 2005.

Housing prices accelerated their surge in April, hiting the fastest pace ever recorded.

Prices of existing homes hit a new record high in May, rising at the fastest annual pace ever recorded.

New York City politicians are promising billions of dollars in taxpayer subsidies to push down housing costs they are also pushing up by supporting illegal migration into the city.

New home construction missed expectations for the second month in a row, weighed down by rising costs of labor, lumber, and other materials.

An unexpected dip in builder sentiment as high prices and rising costs bite into red-hot market.

Although overall construction spending was more sluggish than expected in April, new home building keeps climbing.

The government of Japan completed an investigation Thursday that found a disturbing number of Chinese-funded land purchases near Japanese defense facilities, including the Japanese Self-Defense Force (SDF), coast guard, and space research laboratories, as well as bases used by the American military.

Pending home sales rose in March after a sharp decline in February, according to the National Association of Realtors. Pending sales, which measure contract signings for homes and usually lead closed sales by 45 to 60 days, rose 1.9 percent

The Commerce Department said on Friday that new home sales surged 20.7 percent to a seasonally adjusted annual rate of 1.021 million units last month, the fastest pace of sales since 2006.

The median price of existing homes sold in the U.S. hit a record high in March even while sales volumes fell below expectations.

New York nixed state tax breaks for real estate developers who invest in low-income neighborhoods — or opportunity zones — across the U.S.

Compared with a year ago, the private sector spent 20.6 percent more on single-family construction in February.

A record low supply of homes took a big bite out of home sales in February.

Total existing-home sales dropped 6.6 percent from January to a seasonally-adjusted annual rate of 6.22 million, the National Association of Realtors reported Monday. This followed two months of higher sales.

Construction spending jumped 1.7 percent from December’s revised level to a seasonally adjusted annual rate of $1.52 trillion, the Commerce Department reported Monday. That was better than the eight-tenths of a percent forecast by economists.

Sales of new homes soared in January to a blistering seasonally adjusted annualized rate of 923,000, the Commerce Department said Wednesday.

Home prices rose 10.4 percent compared with a year earlier, according to the S&P CoreLogic Case-Shiller Home Price Index.

Sales of previously occupied homes in the United States rose in January to a seasonally adjusted, annualized rate of 6.69 million units.

Homebuilder confidence rose one point to a score of 84 in February, the National Association of Home Builders said Wednesday. Economists surveyed by Econoday had predicted the measure to remain flat with January’s 83.

The median price of a single-family home climbed 14.9 percent to $315,000 in the fourth quarter. That is the fastest pace on record in data that goes back to 1990.

Home prices are up 8 percent compared with a year ago.

The homebuying boom of 2020 appears to have lost some steam in November. Sales of newly built homes fell sharply in November to a seasonally adjusted annual rate of 841,000, according to data released by the Census Bureau Wednesday. That

The surge in home buying has run into a dearth of supply as buyers swamp sellers and snap up homes at record pace.

Surging demand for houses has triggered a home building boom.

A huge surge in homebuying is feeding demand for purchase mortgages.

U.S. construction spending jumped by more than expected in October, driven higher by demand for single family homes.

Home prices are up 16 percent across the country as the supply of homes for sale dwindles and prices soar.

New single-family houses sold in October at a seasonally adjusted annual rate of 999,000.

U.S. home sales increased for a fifth straight month in October, far exceeding expectations and hitting the fastest pace of sales in 14 years.

Compared with a year ago, single-family home construction spending is up 8.2 percent.