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

Why Falling Home Prices Could Be a Good Thing

By Conor Dougherty – Suppose there were a way to pump up the economy, reduce inequality and put an end to destructive housing bubbles like the one that contributed to

Housing Market 0 Comments

Renewed Life in the Inland Empire

Signs of renewed life in the Inland Empire? Despite the optimistic slant of this article, word on the street still seems to be that housing activity is sluggish in inland

Housing Market

Pull Back in Housing Starts but Rise in Permit Activity

Starts dropped in May by 11% from April and came in at an annualized rate of 1.04 million units. The April starts figure was a seven-year high. Despite the drop,