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New homes

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New home sales in August hit highest level since before Great Recession

by David Brancaccio , Candace Manriquez Wrenn , Erika Soderstrom and Alex Schroeder
Sep 25, 2020
Some of what we're seeing might be making up for a spring in which people were stuck at home and not buying.
Sales of new single-family homes rose 4.8% in August and surpassed an annual rate of 1 million for the first time in 14 years.
Justin Sullivan/Getty Images
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U.S. new home sales rise surprisingly strong 16.6% in May

by Associated Press
Jun 23, 2020
The numbers suggest that the reopening of major parts of the country gave a boost to the housing market.
A for-sale sign outside a house. Sales of existing homes jumped in June.
Eric Baradat/AFP via Getty Images
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Homebuilders still need more workers

by Amy Scott
Feb 18, 2020
"The labor shortage continues to be the number one issue for homebuilders," one economist said.
Justin Sullivan/Getty Images
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Housing held back by too few new homes

by Mitchell Hartman
Jul 26, 2016
Home sales have been on the rise, and so have home prices. But home builders are not ramping up production to even approach pre-recession levels.
In June, existing home sales hit their highest level since 2007.
Sean Gallup/Getty Images
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New home sales lag overall market

by Mitchell Hartman
May 24, 2016
New home sales have risen moderately since 2011 as builders focus on higher-priced homes for higher-income buyers.
New home sales are less than half of what they were in the mid-2000s.
Justin Sullivan/Getty Images
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What new home sales mean for the economy

by Andy Uhler
Dec 23, 2015
New home sales are up in 2015. How do these purchases influence the economy?
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