New Construction Archives

Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding

May 27, 2022

The 10 metros building the most single-family homes are all located in the Sun Belt, where home prices have skyrocketed as people move in from other parts of the country. Some of those same Sun Belt locales are also putting up the most multifamily properties, but northern metros including Seattle and Minneapolis are building a […]

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Newly Built Homes Make Up 26% of All Single-Family Homes for Sale—A Record High

April 30, 2021

New construction is taking up a bigger piece of the pie as low mortgage rates and surging homebuyer demand make homebuilding more attractive during the coronavirus pandemic. More than a quarter (25.7%) of single-family homes for sale in America during the first quarter were new-construction homes. That’s up from 20.4% a year earlier and represents

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New-Construction Home Listings Drop 4% in August, Reversing Course From July’s Rebound

September 25, 2020

The new-homes market is recovering—with sales on the rise—but hurdles including a lumber shortage are still hampering builders.

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Sales of New-Construction Homes Rebound to Pre-Coronavirus Levels, Rising 10% in July

August 25, 2020

A surge in homebuilding before the pandemic is now driving growth in new-home sales. A shift to the suburbs and record-low mortgage rates are also contributing factors.

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Newly Built Homes Make Up Largest Share of Market Since at Least 2012

May 21, 2020

The number of new construction homes on the market fell just 10.5% year over year in April, the smallest decline in 2020 to date, while the supply of existing homes plunged 24%.

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New-Home Sales Surge in the Fourth Quarter as Inventory Tumbles, Prices Flatten

February 11, 2020

New-home sales rose 8.8% year over year in the fourth quarter, the biggest gain in more than two years

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