Tag: new home sales

If New Home Demand is So Strong, Why Has Start Activity Been So Lackluster?

September 20, 2019 by Zelman & Associates

This week, the Census Bureau reported its estimate for August single-family housing starts and permits. Positively, seasonally-adjusted starts accelerated to an annualized pace of 919,000, representing the strongest level since January and ...

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Filed Under | housing startsnew home salessurvey

A Fair Premium for New Homes Versus Existing Stock a Complicated Topic

June 14, 2019 by Zelman & Associates

Earlier this week, Redfin, the technology-enabled real estate brokerage, published a study on the valuation premium associated with a garage versus a similar property without one. Across its national analysis, the average premium realized for ...

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Filed Under | affordabilityexisting home salesnew home sales

With Limited New Home Price Data, Where Do Prices Really Stand Versus Peak?

July 14, 2017 by Zelman & Associates

There are various price indices that track existing home trends with sophisticated algorithms that rely on repeat sales transactions to produce high-quality datasets, including CoreLogic, Case-Shiller, the Federal Housing Finance Agency and ...

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Filed Under | affordabilityhome pricingnew home sales

Don’t Count on Another Double-Digit Growth Year for New Home Sales in 2017

December 30, 2016 by Zelman & Associates

For November, the Census Bureau reported that new home contracts were 592,000 on an annualized basis, trailing only July of this year for the best pace of the recovery thus far. Assuming a seasonally-adjusted pace of at least 585,000 in December ...

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Filed Under | new home sales

Size of New Single-Family Homes Starting to Decline on Entry-Level Push

October 21, 2016 by Zelman & Associates

On a quarterly basis, we aggregate a significant sample of new homes listed for sale by production builders to gauge the trends in price point availability, pricing trends and general characteristics of the homes. In 3Q16, our sample approximated ...

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Filed Under | entry-levelnew home sales

What to Make of Strong New Home Sales and Weak Existing Home Sales?

August 26, 2016 by Zelman & Associates

For many looking from afar, the release of new and existing home sales in July was likely a bit puzzling. Seasonally-adjusted new home sales, according to the Census Bureau, posted a recovery high and were up 31% year over year. Meanwhile, ...

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Filed Under | existing home salesnew home salessurvey