U.S. new home sales rise surprisingly strong 16.6% in May

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.
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Homebuilders still need more workers

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

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.
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New home sales lag overall market

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.
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What new home sales mean for the economy

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