New Build

Just The Facts Home

rss logo RSS Feed
Allen TX | 9 Posts
Buying a House | 38 Posts
Coming Soon! | 9 Posts
Coppell, TX | 2 Posts
Covid | 1 Posts
Covid-19 Update | 2 Posts
Dallas TX | 68 Posts
DFW | 42 Posts
DFW Real Estate | 58 Posts
Economy | 55 Posts
Exurb Counties | 2 Posts
Financial News | 2 Posts
Forth Worth TX | 7 Posts
Frisco TX | 9 Posts
Home Appraisals | 1 Posts
Home Improvement | 10 Posts
Home Prices | 7 Posts
Home Sales | 4 Posts
Home Showings | 1 Posts
Homebuyers | 1 Posts
Homeowner Tips | 8 Posts
Homeownership | 13 Posts
Housing Starts | 5 Posts
How Is The Market? | 112 Posts
iBuyers | 1 Posts
In The News | 8 Posts
Inflation | 1 Posts
Irving TX | 2 Posts
Las Colinas TX | 1 Posts
Local Events | 1 Posts
Mortgage Rates | 1 Posts
Moving Tips | 4 Posts
New Build | 1 Posts
Plano, TX | 6 Posts
Relocation | 1 Posts
Renting | 1 Posts
School News | 5 Posts
Selling a House | 15 Posts
Taxes | 4 Posts
Technology | 1 Posts
The Economy | 6 Posts
World News | 1 Posts
Zillow | 1 Posts
Dallas | Fort Worth | Jobs | Home Sales | Coppell | Carrollton | Flower Mound | Real Estate | Plano | Frisco | Relocation | Moving | New Construction | New Building | Home Prices | Home Prices | New Contruction | Growth | Forclosure | dallas | fort worth | search for homes | Schools | Taxes | Dallas-Ft Worth | Growth | Trophy Club | Active Adult | 55+ Retirement Communities | Frisco | Roanoke | Byron Nelson | New Construction | Jobs | Texas | Charities | Schools | Little Elm | Little Elm | Frisco | DART | Commuter Rail | Public Transportation | Argyle | Lantana | New Construction | Fort Worth | RE/MAX | Real Estate | RE/MAX | Real Estate | Southlake | RE/MAX | Sales | Agents | Coppell | Flower Mound | Carrollton | Plano | Frisco | Irving | Relocation | Dallas | remax dfw | Dallas-Fort Worth | Housing | Real Estate | Economy | buying a house | buying a home | home buying tips | RE/MAX DFW Associates | Colleyville | Grapevine | Charitable Events | Charitable Contributions | Selling a house | Las Colinas | Valley Ranch | DFW neighborhoods | Keller | Arlington TX | Bedford TX | Euless TX | Hurst TX | Keller TX | Southlake TX | Selling a Home | Home Selling Tips | area information | community information | things to do | Denton TX | home staging | homeowner tips | home safety tips | First-time Home Buyer | RE/MAX DFW Associates | purchase offer | Buying a condo | Local Attractions | Local Venues | First-time Buyers | Millennial Buyers | Baby Boomers | Retirees | Retirement Community | Kitchen Remodel | Increase Home Value | Holidays | Mortgage tips | Local businesses | St. Patrick's Day | Parades | Financing a home | Choose an agent | For sellers | Painting tips | Home improvement | Mother's Day | Concerts | Downsizing | Homeownership | Outdoors | Parks | Outdoor activities | Family fun | Homebuying tips | For buyers | Restaurants | Dining | Frisco, TX | Plano, TX | Addison TX | Allen TX | Anna TX | Aubrey TX | Celina TX | Corinth TX | Farmers Branch TX | Garland TX | Grand Prairie TX | Gunter TX | Highland Village TX | Justin TX | Lewisville TX | McKinney TX | Melissa TX | Mesquite TX | Murphy TX | Prosper TX | Richardson TX | Rockwall TX | Rowlett TX | Sachse TX | The Colony TX | Wylie TX | Historic District | summer | curb appeal | landscaping | garden | The Market | Zillow | Renting | DFW Metroplex | Interest Rates | Covid | Pandemic | Omicron | Homeschool | Christian Schools | IBuyers | Investors | Showings | Listings | Homebuilding | inflation | Homebuilding Permits | Home Showings | Appraisals | Exurbs | Suburbs | kitchen

Subscribe and receive email notifications of new blog posts.




June
1

The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to the lowest level since the pandemic owing to high prices and soaring mortgage rates.

New sales slowed to a 591,000 annual rate from 709,000 in the prior month, the government said Tuesday. That's how many homes would change hands in a full year if the number of sales were the same in every month as they were in April. 

Big picture: The red-hot housing market was bound to cool off after mortgage rates jumped from just 2.75% in the fall for a 30-year fixed to more than 5.25% in mid-May. Low mortgage rates had made it easier for buyers to purchase a home despite record prices.  Builders, for their part, still aren't producing enough homes to meet demand. High material costs, supply and labor shortages and lack of cheap lots are among the constraints holding back construction.  A slower housing market is also likely to weigh on the broader economy. When people buy homes, they also need to buy lots of stuff to furnish it.

Key details: Sales fell in all four major regions of the country, but the largest decline occurred in the South, where about half of all new homes are built. Sales sank 20% in the South.

reverse the upsurge in prices over the past few years.

  • Market Watch, May 24, 2022

Login to My Homefinder

Login to My Homefinder