New Home Supplies Fall To An 18-Month Low
If you plan to buy of new construction in 2012, don't expect today's low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.
If you plan to buy of new construction in 2012, don't expect today's low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.
Based on joint research from the Census Bureau and HUD, 300,000 new, single-family homes were sold on a seasonally-adjusted, annualized basis in March. It's an 11 percent improvement from February.
The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.