Builders Reporting Strong Spring Sales
Consistent with anecdotal reports from in the trenches, the data seems to be proving out that the spring selling season is shaping up to be an improvement over the prior year. Since the great downturn, the new home market has struggled to gain traction on a path towards recovery and has been moving in fits and starts. Nevertheless, overall, there are positive indications, so far, that this year could be an inflection point in the cycle.
About author
You might also like
2015 Housing Forecasts
Bill McBride of Calculated Risk summarizes what 2015 will look like in the new home market according to a number of different sources including Goldman Sachs and Fannie Mae. General
How San Diego’s Homebuilding Slump Compares to the Rest of SoCal
San Diego County is on track to build fewer homes than it did last year, said permit records released this week.
California Home Sales Down 7% in December
Despite strong headwinds of tight housing supplies and an affordability squeeze throughout much of 2016, California’s housing market ended the year on a positive note, posting a moderate sales pace