New Home Sales Continue See-Saw Pattern, Down 5.3 Percent

Jul 25 2018 New home sales have adopted an up and down pattern since March and continued in that trend in June.  The U.S. Census Bureau and the Department of Housing and Urban Development report that those sales were at a seasonally adjusted annual rate of 631,00 units.  This is down 5.3 percent from May’s revised sales … Read moreNew Home Sales Continue See-Saw Pattern, Down 5.3 Percent

Permit to Completion – Builder Timeline Depends on Where and Why

Despite complaints about labor, lot, and material shortages, builders needed no more time to build a home last year than they did in 2016.  The time did increase compared to 2015 by about two weeks.  Using data from the Census Bureau’s Survey of Construction (SOC), the National Association of Home Builders (NAHB) concludes that the average time … Read morePermit to Completion – Builder Timeline Depends on Where and Why

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