New-home sales tumble in July as demand dries up
With mortgage rates above year-ago levels, the affordability crunch continues for the new-home market The post New-home sales tumble in July as demand dries up appeared first on Scotsman Guide .
With mortgage rates above year-ago levels, the affordability crunch continues for the new-home market The post New-home sales tumble in July as demand dries up appeared first on Scotsman Guide .
July 2026 new home sales fell 10.5% to 607,000, down 6.3% year over year, as builders keep permits in check.
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The national delinquency rate dropped 16 basis points to 3.39% last month, according to the Intercontinental Exchange's latest first look report.
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Price gains slowed to a crawl from May to June, specifically in the West, but Central and East Coast regions showed steady year-over-year gains.
Home price growth firmed to 1.5% in June according, fueled by tight supply in the Midwest and Northeast despite persistent regional divides.
The average American’s credit score is holding steady. Beneath that stability, however, the divide between financially secure consumers and borrowers struggling with housing costs is widening.The nati
The S&P Cotality Case-Shiller Home Price Index showed national home price growth picking up further through June, with the U.S. National Index rising 1.5% year over year, up from a revised 1.2% gain i
Builders are struggling to survive, let alone sell homes, in 2026. Prices aren’t keeping pace, home sales are falling, and nobody can find the labor to build the houses in […]
Driven by surging home prices, over 60% of shoppers searched for properties outside their local markets, targeting more affordable metros.