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...
The housing market has made headline news over the past two years, with countless buyers being priced out of the market. Not only have home prices exploded by as much as 50% in some areas, interest rates have more than doubled off their 2020 lows. This has made...
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...
