The U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD) recently reported that the sales of new single‐family homes was up in August 2022, assessed at a seasonally adjusted annual rate of 685,000, which the report says is a 28.8% increase over July’s revised rate of 532,000. Despite gains over July, […]

The National Association of Homebuilders (NAHB) Economics team created the Housing Trends Report (HTR) — a research product with the goal of measuring prospective homebuyers’ perceptions about the availability and affordability of homes for-sale in their markets — and, according to the results from the latest HTR, the share of prospective home buyers who are […]

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released earlier this week, points to falling builder confidence in the market for newly built single-family homes, a sign that the organization says indicates the housing market is now slowing. Builder confidence fell eight points in May, to 69, as growing affordability challenges—rapidly […]