The Monthly Housing Indicators for Georgia are in for May. Median Sales Prices were up 22 percent year-over-year, Days on the Market decreased 18 percent, and Months Supply of Inventory rose to 1.4 months. New Listings increased eight percent to 18,889 Pending Sales...
The numbers: U.S. new home sales rose 10.7% to a seasonally-adjusted rate of 696,000 in May, from a sharply revised 629,000 in the prior month, the Commerce Department reported Friday. Analysts polled by the Wall Street Journal had forecast new home sales to come in...
According to a Dodge Building outlook webinar, total construction starts in the United States’ Northeast region increased by 20% in 2021, outpacing national growth. However, in the first half of 2022, activity has subsided North-eastern states will have to endure to...
Over the past few years, lumber prices have skyrocketed. According to the National Association of Home Builders, prices went up by 30% between Hurricane Harvey in August 2017 and January 2018. At the time, this price was higher than any prices on record since NAHB...
