New Construction

New-home sales are up 5.6% year over year, prices are down 1.5% and supply is down nearly 8%.

The market for new homes is moderating, with prices slightly down as builders adjust inventory to meet demand for affordable homes.

Prices of new homes are declining for the first time in seven years. Meanwhile, sales continue to drop and supply is on the rise.

New-home sales fell year over year in all four major U.S. regions. Sales of new single-family homes fell 8 percent year over year in January, the fifth consecutive month of year-over-year declines in new-home sales. But the size of the drop was smaller than in December in all regions except the West, where sales fell

Sales of new homes in all four major US regions dropped in the last two months of 2018. The year-over-year trend was especially drastic in the Northeast, where new-home sales fell by 16.1 percent in December. Here’s a look at the annual drop in single-family new-home sales (seasonally adjusted) across the country in the final