Latest New residential sales News

US new homes sales rise 0.4% in October as prices climb

Nov. 24, 2021 10:31 AM EST

WASHINGTON (AP) — U.S. sales of new homes edged up 0.4% last month, coming in below expectations as housing prices continued to climb. The Commerce Department reported Wednesday that sales of new single-family homes rose to a seasonally adjusted annual rate of 745,000...

US home construction dips 0.7% in October, but permits jump

Nov. 17, 2021 09:13 AM EST

SILVER SPRING, Md. (AP) — Construction of new homes in the U.S. fell 0.7% in October, but a big jump in the number of permits last month points to anticipation by builders that supply chain problems that have dogged them for much of the year will soon ease. October's...

Home Depot sales continue to surge in hot housing market

Nov. 16, 2021 09:59 AM EST

Home Depot's sales continued to climb through third quarter with the U.S. housing market red hot. Revenue rose 9.8% to $36.82 billion, exceeding the $34.97 billion Wall Street had expected, according to a survey by Zacks Investment Research. Sales at stores open at least...

New home sales jumped 14% in September

Oct. 26, 2021 11:32 AM EDT

WSHINGTON (AP) — Sales of new homes jumped 14% in September to the fastest pace in six months as strong demand helped offset rising prices. The Commerce Department reported Tuesday that sales of new single-family homes rose to a seasonally adjusted annual rate of...

This Week: New home sales, Apple earns, consumer spending

Oct. 25, 2021 01:11 AM EDT

A look at some of the key business events and economic indicators upcoming this week: HOUSING MARKET BAROMETER The Commerce Department serves up its September tally of new U.S. home sales Tuesday. Economists project that sales...

New homes sales rise for second straight month in August

Sep. 24, 2021 10:39 AM EDT

SILVER SPRING, Md. (AP) — Sales of new homes in the U.S. rose modestly in August as rising prices continue to sideline potential buyers. Sales of new homes last month rose 1.5%, the Commerce Department reported Friday, reaching a seasonally adjusted annual rate of...

Inflation forces homebuilders to take it slow, raise prices

Sep. 23, 2021 14:20 PM EDT

LOS ANGELES (AP) — Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders. Rising costs and shortages of building materials and labor are rippling across...

This Week: Fed policy update, Nike earns, new home sales

Sep. 20, 2021 00:13 AM EDT

A look at some of the key business events and economic indicators upcoming this week: THE FED SPEAKS The Federal Reserve delivers an update on the economy and interest rate policy following a two-day meeting of policymakers Wednesday. ...