https://eyeonhousing.org/2023/06/new-home-sales-jump-in-may-3/ National Association of Home Builders Discusses Economics and Housing Policy Thu, 24 Aug 2023 10:24:17 +0000 hourly 1 https://eyeonhousing.org/2023/06/new-home-sales-jump-in-may-3/#comment-2163606 Thu, 24 Aug 2023 10:24:17 +0000 https://eyeonhousing.org/?p=33641#comment-2163606 Read this article to learn how a combination of low supply and strong buyer demand drove up May’s new-home sales to their highest level since February 2022. According to recently released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family houses in May jumped 12.2% to a 763,000 seasonally adjusted annual rate. In the future, I anticipate lots of people checking this out.

]]> https://eyeonhousing.org/2023/06/new-home-sales-jump-in-may-3/#comment-2152572 Fri, 14 Jul 2023 16:15:16 +0000 https://eyeonhousing.org/?p=33641#comment-2152572 The rise in new home sales in May is a positive sign for the construction industry. It indicates increased demand for housing, which may lead to a greater need for construction loans to support the development of new residential properties.

]]>