Lamorinda Home Finder

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New Home Sales Surge

August 28, 2020

Sales of new single-family homes in the country increased to their highest level in 13 1/2 years in July as the housing market continues to show strong immunity to the Covid-19 pandemic which has plunged the economy into recession. The U. S. Commerce Department says new homes sales rose 13.9 percent to a seasonally adjusted …

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Tagged With: Covid-19, Home Sales, Housing Market, Housing Starts, New Home construction, New Residential construction, U. S. Department of Commerce

Decline In Housing Starts Temporary: NAR

January 25, 2018

The decline in December housing starts announced recently is “disappointing but surely not lasting,” reports Lawrence Yun, chief economist for the National Association of Realtors (NAR). Yun noted that new home construction still ended 2017 as the best year since 2007 with 1.2 million units. Single-family housing starts in December were 836,000 units, nearly 12 …

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Tagged With: California Real Estate, Homebuilders, Housing Starts, National Association of Realtors, New Residential construction, U. S. Department of Commerce, U.S. Home Prices

CA BRE #01211313

Coldwell Banker Residential Brokerage
CA BRE #00616212

5 Moraga Way
Orinda, CA 94563

info@lamorindahomefinder.com

Office: 925-923-4600
Mobile: 925-878-2334
DRE: #01211313

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