Residential construction spending for September held pace with August. It's now 12.7% ahead of a year ago, so more new homes will be coming on the market. Realtor.com reports the active
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Residential construction spending for September held pace with August. It's now 12.7% ahead of a year ago, so more new homes will be coming on the market. Realtor.com reports the active
New Home Sales fell 10.9% in September, now 17.6% below where they were a year ago. With rising mortgage rates and higher prices, the problem is declining affordability. However, the median
Sales of existing homes dipped 1.5% in September, down for the eighth month in a row, their longest losing streak since 2007. But the last two months posted the smallest declines this year, so
Realtor.com reports active inventory continued to grow in the week ending October 1, 30% above one year ago, although down from pre-pandemic levels. Homes spent six more days on the market than