1. New Residential Construction Hits 11-Year High

    In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be one of the many ways to overcome this inventory shortage. According to a…Read More

  2. Newly-built home sales show positive start to the year…

    There was a 3.7 per cent rise for sales of newly-built single-family homes in January compared to a year earlier. Data from the HUD and US Census Bureau shows a seasonally-adjusted annual rate of 555,000 units. “This increase in new home sales is in line with our forecast for a steady, gradual rec…Read More