New home sales shocked, but are these numbers legit?
We got the highest levels of sales since 2022 but let’s take a look at the report and see if those numbers are legit.
New Home Sales
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Realtor.com: Price premium for new homes sinks to all-time low
The premium for new construction homes dropped to 7.8% nationally as builders held prices steady and existing-home prices jumped.
New home sales show why residential construction is in a recession
New home sales fell short of sales estimates and experienced negative sales revisions, while inventory levels increased.
Homebuilders are weathering the trade war — for now
So far, major homebuilders have weathered the trade war, as D.R. Horton and PulteGroup said that tariffs have not heavily impacted them.
Housing inventory growth: Good for buyers, bad for builders
Housing inventory growth has been a blessing for the existing home sales market, while builders are struggling with greater supply.
How to think about home prices for the rest of 2025
Home sales have continued to disappoint through the peak buying season and are only now just showing some growth over last year.
Home sales disappoint at the end of April
Weekly single-family home sales came in 8% below the same time last year, and condo sales came in 19% fewer.
Easter-driven home sales dip masks recent growth
Last week’s pending home sales fell to 68,000 single-family contracts, a Easter lull that marks the first sub-2024 weekly tally in six weeks.
First American: Home sales are weaker than they seem
First American’s Mark Fleming said the slowdown is tied to the mortgage rate lock-in effect and older homeowners who choose to age in place.
New home sales report shows completed units could be a problem
Today’s new home sales report emphasizes a critical issue for the builders: the currently elevated supply of new homes