Archive for new home sales

New Home Sales Increased In June, But Lack Of Inventory Is Still A Concern

Posted by Patrick Barnard on July 26, 2017

New home sales were at a seasonally adjusted annual rate of about 610,000 in June, an increase of 0.8% compared with a revised rate of about 605,000 in May and an increase of 9.1% compared with about 559,000 in June [Read More]

New Home Sales Dropped 11.4% In April

Posted by Patrick Barnard on May 23, 2017

As of the end of April, there were about 268,000 new homes available for sale nationwide – about a 5.7-month supply at the current sales rate.

MBA: Applications For Mortgages For New Home Purchases Sank 20% In April

Posted by Patrick Barnard on May 15, 2017

Applications for mortgages for new home purchases decreased 20% in April compared with March and decreased 4.3% compared with April 2016, according to the Mortgage Bankers Association’s (MBA) Builder Applications Survey. The change does not include any adjustment for typical seasonal [Read More]

New Home Sales Took Nice Jump In March

Posted by Patrick Barnard on April 27, 2017

New home sales in March were at a seasonally adjusted annual rate of about 621,000, an increase of 5.8% compared with a revised rate of about 587,000 in February and an increase of 15.6% compared with about 537,000 in March [Read More]

New Home Sales Increased Again In February

Posted by Patrick Barnard on March 23, 2017

After jumping 3.7% in January, new home sales in February were at a seasonally adjusted annual rate of about 592,000, an increase of 6.1% compared with about 558,000 in January and an increase of 12.8% compared with 525,000 in February [Read More]

MBA: Applications For New Home Purchases Jumped In January

Posted by Patrick Barnard on March 14, 2017

Applications for new home purchases increased an impressive 22% in January compared with December and increased 9.2% relative to January 2016, according to the Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS). The change does not include any adjustment for typical [Read More]

New Home Sales Jumped 3.7% In January, But Inventory Remains Tight

Posted by Patrick Barnard on February 27, 2017

New home sales in January were at a seasonally adjusted annual rate of about 555,000, an increase of 3.7% compared with a revised rate of about 535,000 in December and an increase of 5.5% compared with about 526,000 in January [Read More]

MBA: Applications For New Home Purchases Tanked In December

Posted by Patrick Barnard on January 12, 2017

In keeping with the seasonal cycle, applications for mortgages for new home purchases decreased 14% in December compared with November but increased 2% relative to December 2015, according to the Mortgage Bankers Association’s (MBA) Builder Applications Survey. “Mortgage applications for [Read More]

New Home Sales Jumped 5.2% In November

Posted by Patrick Barnard on December 27, 2016

New home sales were at a seasonally adjusted annual rate of about 592,000 in November – an increase of 5.2% compared with about 563,000 in October and an increase of 16.5% compared with about 508,000 in November 2015, according to [Read More]

New Home Sales Fell 1.9% In October

Posted by Patrick Barnard on November 28, 2016

New home sales in October were at a seasonally adjusted annual rate of about 563,000, a decrease of 1.9% compared with the revised September rate of about 574,000 but an increase of 17.8% compared with about 478,000 in October 2015, [Read More]

New Home Sales Rebounded In September

Posted by Patrick Barnard on October 27, 2016

After decreasing 7.6% in August, new home sales in September were at a seasonally adjusted annual rate of 593,000, an increase of 3.1% compared with the revised rate of 575,000 in August and an increase of 29.8% compared with 457,000 [Read More]

July New Home Sales Highest In Nine Years

Posted by Patrick Barnard on August 23, 2016

New home sales in July reached the highest level so far this year, according to estimates released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. What’s more, the rate of new home sales in [Read More]

New Home Sales Up 25.4% Compared With One Year Ago

Posted by Patrick Barnard on July 26, 2016

New home sales were at a seasonally adjusted annual rate of about 592,000 as of the end of June – an increase of 3.5% compared with the revised May rate of about 572,000 and an increase of 25.4% compared with [Read More]

New Home Sales Fell 6.0% In May

Posted by Patrick Barnard on June 24, 2016

New home sales were at a seasonally adjusted annual rate of about 551,000 as of the end of May – a decrease of 6.0% compared with about 586,000 in April but an increase of 8.7% compared with May 2015, according [Read More]

Housing Starts Basically Flat In May

Posted by Patrick Barnard on June 17, 2016

Starts of single-family homes were at a rate of about 764,000, an increase of 0.3% compared with a rate of about 762,000 in April.

MBA: Applications For New Home Purchases Fell 6% In May

Posted by Patrick Barnard on June 14, 2016

Applications for new home purchases decreased 6%, on an unadjusted basis, in May compared with April but increased 18% compared with May 2015, according to the Mortgage Bankers Association’s (MBA) Builder Application Survey. About 68.4% of applications for mortgages for new [Read More]

New Home Sales Dipped 1.5% In March

Posted by Patrick Barnard on April 25, 2016

New home sales were at a seasonally adjusted annual rate of about 511,000 as of the end of March – a decrease of 1.5% compared with about 519,000 in February but an increase of 5.4% compared with about 485,000 in [Read More]

MBA: Applications For New Home Purchases Jumped 17% In March

Posted by Patrick Barnard on April 14, 2016

Applications for new home purchases increased 17% on an unadjusted basis in March compared with February, according to the Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS). “Rising prices for existing homes and a strong job market are making the [Read More]

MBA: Applications For New Home Purchases Increased 24% In February

Posted by Patrick Barnard on March 10, 2016

Mortgage applications for new home purchases increased by 24% on an unadjusted basis in February compared with January, according to the Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS). By product type, conventional loans composed 67.7% of total loan applications, [Read More]

New Home Sales Surge For Third Consecutive Month

Posted by Patrick Barnard on January 27, 2016

An estimated 501,000 new homes were sold in 2015 – an increase of 14.5% compared with about 437,000 in 2014.