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Tag Archives: New Home Sales

The Week Ahead: Will the GDP Bounce Back?

Recent headwinds have been a hot discussion topic among economists in the last couple of months, particularly since GDP growth totaled only 0.7 percent in the first estimate for Q4. Will the rate of GDP growth rise or fall in the second Q4 estimate?

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Eight of the Top 10 Hottest New Home Sales Markets Are in the South

According to CoreLogic, San Jose, California, was the metro area with the second-highest year-over-year home sales growth with 14 percent. San Jose was one of only two of the top 10 markets for highest year-over-year new home sales growth; the other was Portland, Oregon, which was eighth. Atlanta, Georgia, ranked third at 10 percent.

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New Home Sales Inch Upward In October

Sales of newly built homes picked up in October, but a downward revision to September shows numbers in that segment of the housing market remain volatile. The Commerce Department reported Wednesday that sales of new single-family houses were at a ...

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May Housing Scorecard Shows Progress in Equity and Home Sales

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the May edition of the Obama Administration's Housing Scorecard on Friday. The government report showed progress, noting growth in key indicators such as increasing equity and a rebound in the sale of new and existing homes.

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Winter, Affordability Hampers Fannie Mae Growth

In its latest economic forecast, released Wednesday, Fannie Mae reported that housing remains the weakest link in the national economy. Through the first three months of 2014, existing-home sales, new single-family home sales, single-family housing starts, and multifamily housing starts all declined year-over-year.

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HUD: Housing Improves; Still Needs Further Recovery

The U.S. Department of Housing and Urban Development (HUD) released its April 2014 Housing Scorecard, noting that home prices remained stable, foreclosure completions continued to their lowest levels since mid-2007, existing home sales stabilized, new home sales slowed, and the administration's foreclosure mitigation efforts continued to provide relief for troubled homeowners.

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