New-Home Sales Near 10-Year High

New-home sales in July jumped to the highest level in nearly a decade, with sales of new single-family homes climbing 12.4 percent month-over-month and reaching a seasonally adjusted annual rate of 654,000, the Commerce Department reported Tuesday. That marks the highest level since October … [Read more...]

New-Home Sales at Highest Level Since 2008

Let #bobwert #remax Help You Find #therighthome Sales of newly built single-family homes increased nearly 6 percent in August, reaching a seasonally adjusted annual rate of 552,000 units, the Commerce Department reported Thursday. That is the best monthly figure in new-home sales since February … [Read more...]

New-Home Starts Surge to 2007 Highs

Homebuilders broke ground on new homes at the fastest pace in about eight years, according to statistics released by the Commerce Department Tuesday. “A fresh supply of new homes will therefore reach the market in upcoming months to help relieve the inventory tightness,” says Lawrence Yun, … [Read more...]