Sales of new homes in the U.S. unexpectedly advanced for a fourth month in August to the highest level in almost 14 years as record-low mortgage rates continued to entice buyers into a market with ever-shrinking supply. Purchases of new single-family houses increased 4.8% to a 1 million annualized pace, led by a flurry of […]
The number of single-family homes on the market hit historic lows in July, driving prices up (iStock) The coronavirus pandemic has exacerbated the severe housing supply shortage in the U.S., with the number of homes on the market reaching historic lows. At the end of July, the National Association of Realtors found that there […]
U.S. New-Home Sales Climb to 1 Million Rate, Fastest Since 200627 September 2020 - 17:45
US housing supply reaches nearly 40-year low26 September 2020 - 13:50
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