New-Home Sales Up for Fifth Straight Year

CoreLogic

By Frank Nothaft

Low mortgage rates, job growth, and an improving consumer optimism have all supported the recovery in home sales during the last few years. Both sales of newly built as well as previously owned homes are up, with the growth stronger for new homes. Since the trough in new-home sales in 2011, sales had jumped more than 50 percent by 2016

Read More

Previous Taylor Morrison Homes Beats Earnings Estimates
Next Brandywine Homes Closes 116 New Homes, Opens Seven Communities, Breaks Ground on Four New Neighborhoods in 2016

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Housing Market

Will 3% Mortgages Boost the Housing Market?

Fannie Mae and Freddie Mac, government-sponsored enterprises, detailed guidelines this week to buy loans from lenders made to borrowers at up to a 97% loan-to-value ratio. As a result of

Housing Market

Dying Shopping Malls Can Make Room for New Condos and Apartments

In the San Fernando Valley, there are plans to level a nearly vacant mall and replace it with some 1,400 homes, boutique retail space and a concert venue.