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Tag Archives: housing

Existing Home Sales Rise in July

mortgage

Existing home sales increased 2% in July as mortgage rates retreated and home price growth slowed, according to the National Association of Realtors’ Existing Home Sales Report. Month-over-month sales increased in the Northeast, South and West, while they decreased in …

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Single-Family Housing Starts Rise Among Challenges

May housing starts

Single-family housing starts grew slightly in July as builders contine to deal with challenges with housing affordability, labor shortages and elevated construction costs. Led by multifamily construction, overall housing starts increased 5.2% in July to 1.43 million units, according to …

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New and Existing Home Price Gap Shrinks in Q1 2025

New and existing homes price gap

The gap between new and existing home prices is narrowing, according to the National Association of Home Builders (NAHB). “Homebuilders are committed to ensuring everyone who values homeownership has the opportunity to attain a safe, affordable home,” says NAHB chairman …

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U.S. Residential Construction Sees Positive Growth

June Housing starts

The U.S. Census Bureau and the U.S. Department of Urban Development recently released data showing positive residential construction statistics for February 2025. Privately-owned housing starts in February 2025 reached 1,501,000, measuring 11.2% above the revised January estimate of 1,350,000.  Privately-owned …

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