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Tag Archives: New Home Sales
New Home Sales Up 7.3 Percent in April
April new home sales rose 7.3 percent from March, but are still 23.1 percent below April of 2010. Continue reading
New Home Sales Rise in March, But Still 21.9 Percent Below 2010
New home sales rose 11.1 percent from February to March, to a pace of 300,000 units per year. However, this is far below the March 2010 pace of 384,000. Continue reading
Does the collapse in new home sales signal a bad Spring market for existing home sales?
Today’s new home sales were horrible. The worst ever, actually. And, far below expectations.
Diana Olick thinks this could foreshadow bad existing home sales this Spring: Continue reading
Posted in Fresh Perspectives, Home Economics
Tagged Existing Home Sales, Home Prices, New Home Sales
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Worst New Home Sales Ever
February was the worst month for new home sales since the Census Bureau began keeping records in 1963.
Continue reading
New Home Sales Down 80 Percent From Peak
How bad will it get for the real estate industry? We found out last week that the NAr are liars… oh, wait… we already knew that… and our dismal resale home sales figures are even worse than we knew. Plus, with the lower sales prices, real estate commissions are lower on lower volume. The combination makes for hungry realtors, mortgage brokers, appraisers, inspectors, and other related fields. Continue reading