Pending home sales improved slightly in April and continue to be well above a year ago, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 0.3 percent to 106 in April from …
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New-Home Sales Increase 2.3 Percent in April
Sales of newly built, single-family homes rose 2.3 percent to a seasonally adjusted annual rate of 454,000 units in April, according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The gain builds on a …
Read More »Builder Confidence Improves in May
Builder confidence in the market for newly built, single-family homes improved three points to a 44 reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for May. This gain, from a downwardly revised 41 in April, …
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