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New Home Sales Regain Some Lost Ground

New home sales rebounded modestly in June, recovering some of the previous month's decline, though activity remained below year-ago levels as elevated mortgage rates and affordability challenges continued to weigh on demand. According to the latest Census Bureau and HUD data, sales of new single-fam
High prices, hesitant demand weigh on June new home sales

New home sales posted a modest increase in June but were down from a year earlier, while prices also fell year over year, further suggesting that the 2026 spring selling season fell short of expectations.  According to newly released U.S. Census Bureau data, single-family new home sales ticked up 1.
Why homebuilders aren’t building more homes

Today, the new home sales data perfectly explains why housing permits are near cycle lows and why we can’t get any traction on building more homes in America, as we have been basically stuck in one sales range for 10 years. If I take away the surge in new home sales early in COVID and the lows in 20
Pamela Heman

Pamela Heman

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